/24-7PressRelease/ - PANAMA CITY, PANAMA, August 08, 2008 - The Panama International Merchandise Mart - PIMM - is now taking its PIMM concept worldwide. The PIMM expansion is designed to improve international trade, wholesale commerce, employment and direct and indirect revenue generation at regional levels. Governmental, institutional and private partnerships are available.
At the governmental level, packages consisting of a combination of guaranteed loans, financial grants and or land grants are proving popular, especially in industrial countries. For the institutional or private investor, a PIMM offers an attractive payout on loan or debt financing.
A PIMM requires raw land, a convertible industrial complex or a high rise building, preferably in or near a large city and an international airport, with access to main streets or freeways. Partners also need a minimum six-figure development budget. Official contacts for governmental approvals, licensing and ongoing investment security are also a plus.
PIMM provides construction, development, marketing and sales support, as well as other project-specific requirements which may be identified. Cross participation between PIMMs for economy of scale is an additional benefit.
"A regional PIMM is a great asset since it creates thousands of jobs, 28,000 in Panama, for example. A PIMM generates millions of dollars for national and local economies too; $450 million in Panama. A PIMM also becomes a base for a country to expand its export market. We are currently in negotiations with several interested groups that see the value a PIMM represents," states Reynald Henry Katz, PIMM CEO & President.
To finance your PIMM now, contact Reynald Katz at info@pimm.com or at +507-391-0505 (Panama).
About PIMM
PIMM offers manufacturers, exporters, wholesalers, importers and exporters around the world the opportunity to own a showroom in the world's largest wholesale mart. PIMM gives participants access to the growing and profitable Latin American marketplace. As a regional brand, PIMM helps to stimulate national and local economies worldwide.
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