Danish transport and logistics specialist DSV recently opened their new office in Panama City, the capital of Panama. Panama is regarded as a vital hub for the Central America region and the Caribbean.
DSV Air & Sea Executive Vice President LATAM Region, Torge Koehnke said, “It is a strategic decision to move into Panama. Many of our customers use Panama’s free zones to distribute goods to the Central American and Caribbean markets,” he further added, “In addition, Panama is an attractive place to store products and establish distribution to the countries in the region due to the tax benefits available.”
DSV Air & Sea Panama Managing Director, Jonas Thoroe said, “With an office in Panama City, we are expanding our Air & Sea network and look forward to supporting current and new customers alike with their logistics requirements.”
Panama has a growing economy and is a politically stable country which makes it an attractive option for a healthy and professional business environment. Coupled with the Panama Canal the country is strategically important on so many levels.
The country can provide direct access to the domestic market and has become a key hub for distribution of goods to other countries in the surrounding region.