New Amador Convention Center in Panama Old City of Casco Antiguo, it provides easy access from the Tocumen airport, with a direct connection via the South Corridor, the Cinta Costera (the coastal beltway skirting the city around the bay) and the new sea bridge around Casco Antiguo. The 194 million USD project that began in 2011 will be up and running this year. The Amador Convention Center consists of a covered 15,500 square meter Convention Center/ Exhibit Hall, 16 meeting rooms totalling 3,700 square meters, a 2000 seat auditorium, a separate amppitheater, office space and restaurants. The new convention center will attract organizers of corporate, religious and leisure events. The Amador Convention Centre joins the Figali and the ATLAPA Convention centres, adding to Panama’s strength as a Meetings and Conventions destination. Fronting the ocean between the Amador Causeway and Panama's
Panama is already a prime destination for international meetings and conferences, with growth in this sub-
Tax break for US companies
The new Trade Promotion Agreement between Panama and the United States allows US companies to deduct expenses related to international events held in Panama when filing their US tax returns. Added to the other cost advantages of Panama compared to US destinations, the tax break can make your next event in Panama more affordable than ever. sector of the tourism industry increasing by over 50% from 2011 to 2012, and continuing its strength in 2013 and 2014. With further development slated for the Amador waterfront district, the convention center will be just the beginning of a vi-
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brant business hub on the shores of the Panama Bay. As Panama grows into one of the world’s premier MICE destinations, it continues to depend on its oceans, harbors and canals that spawned its growth many years ago.
tem has the capacity to transport more than 15,000 passengers each hour. The route between the extremities is covered in a maximum of only 23 minutes. A second line is scheduled to open in 2017, with the expectation that ridership will increase to 40,000 people per hour by 2035.
Take The Metro On April 5, 2014, residents and travelers alike were thrilled with the opening of the Panama Metro, an eight and a half mile long metropolitan transportation system servicing 12 stations in Panama City. Constructed at a cost of nearly $2 billion US, the huge infrastructure project connects the heavily populated north east area of the city with key destinations downtown.
As the first metro system in Central America, the Panama Metro has been touted as a model of cooperation and success, coming together in only 3 years from conception to completion, all without any cost overruns. After an introductory “free” period that passengers enjoyed for two months, a one-way ride on the subway now costs a very modest $0.35 USD, effective June 15, 2014.
With 2 more stations soon to be operational, the metro system utilizes below ground and above ground stretches, making optimum use of the precious real estate at its disposal. Employing a fleet 19 trains, the metro sys9