COSCO SHIPPING has taken another step forward in its strategic partnership with Xiaomi, officially launching a new mobile phone warehouse project in the PANAPARK Free Trade Zone in Panama. This milestone was marked by the successful shelving of the first batch of Xiaomi smartphones, signalling a new phase in the companies’ growing collaboration across the Americas.
The warehouse will function as a vital distribution centre for Xiaomi’s operations in Central and South America. It will provide a full suite of value-added services, including storage, sorting, packaging, labelling, and air freight coordination. Once fully operational, the facility is expected to significantly enhance supply chain efficiency and improve delivery speed to regional markets.
COSCO SHIPPING and Xiaomi have been working closely together in Panama since 2021, expanding overseas warehousing operations through a customised end-to-end logistics model. This tailored approach has earned consistent recognition from Xiaomi’s leadership and enabled steady growth in both volume and scope. The implementation of the new facility is expected to further deepen the strategic relationship between the two companies.
Situated adjacent to Panama International Airport, the PANAPARK Free Trade Zone offers streamlined access to major highways, seaport infrastructure, and bonded zone benefits. Its favourable regulatory framework makes it an ideal location for the distribution of high-value goods such as electronics, automotive parts, and consumer technology that demand rapid turnaround and duty optimisation.
The new Xiaomi warehouse also marks a key milestone in COSCO SHIPPING’s expansion strategy in Panama, enhancing its warehousing footprint and reinforcing its ability to offer agile and diversified storage solutions. By consolidating resources and leveraging the location’s strategic advantages, the company is well-positioned to meet growing demand from international clients in the electronics and high-value goods sectors.
With this latest development, COSCO SHIPPING continues to demonstrate its commitment to delivering integrated logistics solutions that support the global growth ambitions of its partners.
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