Thursday, September 12, 2019

Panama promotes its digital free zone

The so-called "Silicon Valley" of the Central American country will require investments of US$38 million. It will offer specialized services in e-commerce, big data, blockchain, among others, which are expected to generate more than 1,000 jobs during its first year of operation. The lack of trained technical personnel will be a challenge to solve.

The government of Laurentino Cortizo estimates that the start-up of the BPO´s Panama Free Zone will require an initial investment of US$10 million, and US$28 million in a second phase. The complex will have an area of ??2.5 hectares, which will include a data center and infrastructure of Huawei, a central building, eight offices, and a higher technical institute specialized in education and training on technology and telecommunications.

Read full article

MORE ANALYSIS

América Latina · Smartphones & Devices02/12/2025

Trasna’s new factory in Brazil could be operational by early 2026

This was confirmed to Convergencialatina by Gabriel Poggio, the company’s director for Latin America and Iberia, which specializes in IoT, SIM/eSIM and connectivity solutions.

Chile · Satellites · Operators01/12/2025

Entel’s D2D proposal shakes up the regional landscape

It is the first service of its kind in the Latin American region. It uses the 1,900 MHz band with a 5 MHz bandwidth and is supported by the 650 Starlink LEO satellites operating over Chilean territory.

América Latina · Internet & OTT26/11/2025

Carriers face the latest snapshot with two incumbents

The Internet market in Argentina is awaiting a decision on the operation between Telecom and Telefónica, which is still pending approval from the National Commission for the Defense of Competition (CNDC) and the National Communications Entity (Enacom).

América Latina · Hardware · Economy25/11/2025

IDB: Brazil, Mexico and Costa Rica lead the way to leverage new rules in the global chip value chain

The report highlights that the integration of the region’s countries depends on maintaining good relations with the United States and offering a favorable environment for investors. There are opportunities in the design, packaging and testing segments, as well as in supplying raw materials.

Globales · Equipment Providers and Network Solutions19/11/2025

Pressed by weak results, Nokia relaunches with a renewed focus on AI

The Finnish provider announced a broad restructuring with two major business units: one dedicated to network infrastructure and another to mobile infrastructure. It is also creating a defense-focused segment and grouping non-core businesses into a portfolio unit. The company aims to increase its operating income by 50% over the next three years.

List all analysis

A DIARIO LATINO 03-12-2025

América Latina · Smartphones & Devices 02/12/2025

Trasna’s new factory in Brazil could be operational by early 2026

América Latina · Smartphones & Devices 02/12/2025

Omdia: Samsung led regional smartphone market in Q3

Honduras · Submarine Cables 02/12/2025

TAM-1 to have a docking point in Honduras

Globales · Software and Applications 02/12/2025

AWS re:Invent 2025 kicks off focusing on agentic solutions

List all news