The last Investors' trip took place from 24th
to 3rd March
There won't be any further trips.
Picture gallery of the investors’ trip, February, 2018
Picture gallery of the investors’ trip, February, 2016
Picture gallery of the investors’ trip, March, 2014
Picture gallery of the investors’ trip, March, 2012
Picture gallery of the investors’ trip, May, 2011
Picture gallery of the investors’ trip, February, 2010
Picture gallery of the investors’ trip, February, 2009
We are happy to give individual travellers
further information. However, due to our very lean organisation, we are not able to offer an escort to the plantations.
Panama (Panamá in Spanish) is a small country in Central America, bordering on
Costa Rica in the West and on Columbia in the East. The Panama Canal crosses the
country and connects the Atlantic (Caribbean) in the North with the Pacific in
the South. The Panama Canal is being expanded since 2007. On both sides –
Atlantic and Pacific - new, three-tier locks are being built in addition to the
existing ones. The amplified Canal is supposed to be inaugurated in 2015.
Panama lies on the narrowest part of the Central American isthmus and is 700 km
long. The Central American Cordillera follows the coasts and in the West.
carries the extinct volcano Barú (3,475 m), the highest mountain in the country.
The most important income sources of the Panamanian economy are the Panama
Canal, on the one hand, which offers about 8,000 people jobs in administration,
management, and maintenance and, on the other hand, the registration of ships.
The Panama Canal is 82 km long and 12 m deep and is transited annually by almost
15,000 ships with 200 million tonnes of cargo, fetching 1.73 billion dollars for
the country in 2011.
The international community (and the USA in particular) have a vital stake in
preserving the political and economical stability of the country. On a
security-political level, Panama limits itself to a guardian role. It has a
police force; the army was abolished by a reform of the Constitution. The
defence of the territory is guaranteed by international treaties.
Panama is a member of the United Nations, the Organisation of American States,
the Latin American and Caribbean Economic Association, Non-Aligned Nations
Conference, the World Bank, the Inter-American Development Bank, the
International Currency Fund, and the World Trade Organisation.
Panama – Salient points
Form of Government
Presidential republic. The President of the Republic is elected for five years
and is also the Head of State. The country is organised in nine provinces and
three large and two smaller Indian reserves (comarcas).
Spanish. Approximately every seventh Panamanian also speaks English, more in
Panama City, less in rural areas.
Panama was a Spanish colony until 1821. It became independent of Columbia in
3,571,185 (2011). The most densely populated areas are on the Pacific Coast and
along the Canal Zone. More than half the population live in towns.
77,082 km², thereof 210 km² water. The coastline is 2,800 km.
Panama City, established 1519, approx. 1,300,000 inhabitants. The city bears
comparison to international standards. Since the ‘Seventies, it has become one
of the most important financial centres in Latin America.
In the coastal areas the average annual temperature is around 25°C. In the hills
and mountains it is cooler. The rainy season lasts from April to November. The
Caribbean side of the country is rainier than the Pacific side.
Balboa (B/. PAB), divided into 100 centavos. The Balboa is fixed at par with the
United States dollar. Panama mints its own coinage but uses US dollars as its
International dialing code +507
Panama – today
There is no denying the long-term influence of the USA on the Panamanian
economy. The free trade zone Colón is a hub for global trade. The infrastructure
is relatively robust. Timber exports benefit from the fact that the transport
infrastructure is highly developed.
The distances from the plantations to the export ports are relatively short. As
Panama is an import country, the costs for export containers for heavy goods
(logs, wood) are low.
The banking centre Panama hosts over 120 resident foreign banks and is well
developed and internationally aligned. Panama has no national restrictions on
financial import and export. Inflation is one of the lowest in South and Central
The Government has introduced investment incentives such as tax exemption for
profits resulting from forestry and tourist operations. It endeavours to protect
Panama’s natural rainforests. Plantations that are planted before 2018 are
tax-exempt for income from wood sales.
Panama has survived the global financial crisis of the past years without any
Two proud shareholders inspecting their trees