CT Group Travel, specialists in trade missions and conference management, launches first trade mission to Panama.
Uniglobe member CT Group Travel in partnership with the European Atlantic Trade and Investment Missions will be taking a trade mission to Panama on 20 – 25 March 2012.
The mission will be led by an MP and has the full support of the British Embassy, UKTI in Panama and the Embassy of Panama in the UK.
In recent years Panama has experienced an economic boom with an average growth rate of 8%, which has been primarily fuelled by the expansion of the Panama Canal and extensive infrastructure projects. Panama is also fortunate to be largely unaffected by the current global economic crises, and it is forecast it will continue to do so.
Panama is the logistics hub and global financial center in the Latin American region. It is a hot destination for foreign investment and the UK is the second largest investor in the country. UK exports to Panama were worth £149 million and imports were worth £12 million in 2008.
There are business opportunities in:
• Marine services (ship repair and maintenance, servicing of vessels, container and cargo services).
• Financial services, telecommunications, e-commerce, insurance and real estate.
• Procurement related to the Panama Canal (provisions, equipment, material construction and consulting).
• Provision of concessionary services to the ports (power, water, fuel, materials, food, banking services, telecommunications, repair and dredging).
• Logistics, cargo services, security consulting, education and training.
A recent high profile conference held in London called Panama Invest 2011 provided investors and decision makers from the main capitals of the world information regarding business opportunities in Panama.
CT Group Travel’s Missions Manager Lyndsay Snowden who attended the event commented, “The high numbers of delegates attending this event was a pleasant surprise, there were far more attendees than other similar events I’ve attended in the past. This confirmed just how much opportunity and interest there currently is in Panama and we’re confident our mission should attract a good number of participants”.
Anyone interested in finding out more about the Panama trade mission should contact Lyndsay Snowden at CT Group Travel on 01892 673 435.
Based in Tunbridge Wells, Kent, Uniglobe member CT Group Travel not only specialise in operating overseas trade missions, but are also expert conference organisers, as well as providing many businesses with corporate rewards schemes that are incentive travel based.