Huawei invests in photovoltaic module project in Colon Panama

Why did Huawei open a new distribution center in Panama?

Wang Weihua, office representative of Commercial Development of China in Panama, said the opening of the new distribution center in Panama shows Huawei's confidence in Colon. The center will be a logistic cooperation model between China and Panama, and the company's products will be distributed to 35 countries from this center, he added.

Does Huawei have a job in Panama?

Arrocha praised Huawei's decision, which contributed to the promotion of Panama's competitive business environment and political stability. He explained that Huawei has a current staff of 500 people in Panama, with another 200 direct jobs and hundreds more indirect jobs to be created at the 10,000 square meter distribution center.

Who praised Huawei's decision to open a telecommunications company in Panama?

Panamanian President Juan Carlos Varela, Minister of Commerce and Industry Meliton Arrocha, as well as national director of telecommunications Edwin Castillo attended the opening ceremony. Arrocha praised Huawei's decision, which contributed to the promotion of Panama's competitive business environment and political stability.

Where is Huawei located?

Huawei's first regional headquarters for Central America and the Caribbean in Panama was set up in 2011. The Chinese telecommunications giant, Huawei Technologies, on Thursday opened a new distribution center for its Latin American operations in Colon free trade zone in northern Panama.

Why is Panama so attractive to investors?

Image: Avanzalia Among the Central American states, Panama has become very attractive to investors, not only because it boasts a stable government and uses the US dollar as its currency, but also due to the government now deploying a range of fiscal incentives to support PV, including an exemption on import taxes.