Dear Investors:
ISLA MARGARITA EXPORT PROCESSING ZONE & PORT
COMPLEX is located on the only and last piece of privately owned
waterfront flat land, known as Isla Margarita, at the Atlantic entrance of the
Panama Canal of the Republic of Panama.
ISLA MARGARITA has an area of approximately 67 hectares and a
shoreline of 2,000 meters long. The water is calm and deep making it an
ideal place for a number of port related businesses such as container
terminal, ro-ro terminal, grain terminal, petroleum terminal, general cargo
terminal, shipyard, marina, and logistic/warehousing center. The right to
use surrounding water for various activities has been secured through
the Panama Maritime Authority. Panama Environmental Agency has also
approved the development of the property. Services like electricity,
telecommunication and drinking water are available. Infrastructures
including road access covers about 30% of the property.
As a beneficiary of the special law 25 of 1992, the property possesses a
TAX-FREE status for an unlimited time. The landlords and businesses
established here are exempted from ALL direct and indirect tax. There is
no tax on income, property, capital gain, dividend earnings, and etc. All
goods and services in the area are basically tax-free.
Most existing industrial and port activities in the neighborhood of the
Project are governed by concession contracts granted by Panamanian
authority. These contracts usually lasts for just a limited amount of time
and all investments on land improvements, equipments, buildings,
facilities, hardware as well as software are to be transferred to the
government as soon as the contracts terminate. In contrast, the title and
ownership of any investment on the Project is FOREVER because Isla
Margarita is a 100% privately owned property. Besides, the value of
waterfront property usually increases in time.
Panamanian voters overwhelmingly approved on 10/22/2006
the proposal of THE EXPANSION OF PANAMA CANAL. This
US$5.2 Billions mega-project is expected to take 8 years. At its
completion, post-panamax size vessels that are capable of carrying
8,000 shipboard containers and super oil tankers will be able to transit
through the canal. Water traffic in the area will grow tremendously. The
economic impact will be big and very positive.
THE PROJECT and the property are currently available for interested
party to buy or co-develop. This is a once in a lifetime opportunity. Do not
miss it. Your greatest success is right here on Isla Margarita.
Great Investment Opportunity
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