Panama Development - Diamond Exchange will add to Growth

It was announced on Sunday that the Panama Diamond Exchange will launch Friday, October 24th. The ceremony on Friday will include government ministers and international leaders of the diamond and jewelry industries.

Leaders slated to attend the opening ceremony include:

• Avi Paz – President of World Federation of Diamond Bourses (WFDB)
• Gaetano Cavalieri – President of The World Jewelry Confederation
• Eli Izhakoff – Chairman of World Diamond Council
• Jacob Banda – President of Diamond Dealers Club of New York
• Alex Popov – President of Moscow Diamond Exchange

The Panama Diamond Exchange is the first and only complex dedicated to gemstones and jewelry in Latin America. The new exchange will encourage the development of Panama as an international hub for diamonds. The Panamanian government plans to grant the exchange Free Zone status.

The new exchange will be located near the business center in Panama City, close to the main international airport. The facility will be a secure building that will house offices, showrooms, gem labs and banks. The Panama Diamond Exchange will be Latin America’s only member in the World Federation of Diamond Bourses.

The Diamond Exchange is among many exciting growth and development initiatives in Panama!!! Are you interested in retiring or relocating to Panama? Check out our Panama properties at www.panama-land-for-sale.com for more information about our land deals outside of Panama City!