EMIL Graduate Named President of World's 2nd Largest Free Trade Zone
David Cohen Solis, MS IL 2006, was recently named president of the "Asoaciacion de Usuarios de la Zona Libre de Colon" which is the Business Association of the Colon Free Zone. Founded in 1979, the Colon Free Zone is now the world's second largest free trade zone, and a tremendous entity at the Atlantic gateway to the Panama Canal. It is dedicated to re-export an enormous variety of merchandise to Latin America and the Caribbean. Cohen Solis states "Its primary roll is to look for new business opportunities for its associates through commercial missions to different countries in the region [and] to promote the opportunities and advantages that the Colon Free Zone offers such as a 0% Income Tax on income from exports."
Part of the reason for its rapid growth is its strategic advantage of being located near the Panama Canal, which allows it to efficiently serve the entire Americas region. Nearly all world routes pass the Colon Free Zone, located at the Atlantic gateway to the Panama Canal with access to both the Atlantic and the Pacific oceans. The Colon Free Zone also serves several other important functions. These include collecting donations for community projects in the region and facilitating meetings with diplomats and government officials from around the world.
Prior to taking this new position, Cohen Solis was director of operations at International Hardware in Panama, a wholesaler and distributor of hardware products. When he entered the Stewart School's Executive Master's in International Logistics program, he had 12 years of experience in the business, including international sales and marketing for Ace International in Central America, South America and the Caribbean.
Further information about the Colon Free Zone is available at: www.colonfreezone.com.
- Workflow Status: Published
- Created By: Barbara Christopher
- Created: 09/30/2007
- Modified By: Fletcher Moore
- Modified: 10/07/2016