On 6 July 2016, the first InterLumi Panama will be held in ATLAPA Convention Center in Panama. The organizer is America Expo Group and as the only trade fair in illumination industry in the region, it is expected to attract exhibitors and trade buyers from Panama, the United States, ?Costa Rica, Venezuela, Peru, Mexico and other countries.
The Latin America market has drawn extensive attention in the past years. High level from both countries are very positive about bilateral trade. IMF has estimated that in 2015, the average economic growth rate in the region would reach 3.76%, and Panama would take the top place with its renown service in re-export business. According to statistics, between 2010-2014, the average economic growth rate of?Panama reached 8.73%, ranking top three for 5 consecutive years in Latin America and Carribean region. With high degree of openness and trade radiating potential, Panama was acclaimed as Another Dubai. Although InterLumi Panama is a new member in global illumination exhibitions, it has gained the attention in the industry.
Panama has long been famous as a trade center, but its exhibition industry is very young. There was no trade fair in building material and illumination products before. In addition, Panama has a very weak industrial basis, and most of the consumer goods are imported. From 2005 to 2013, the import volume of illumination goods increased by 300.16%. Also, as governments in the Latin America and Carribean region are investing heavily on infrastructure, which will bring more business opportunities to the illumination market in the region.
Hangzhou JR Exhibition Company is the first tier agent for InterLumi Panama 2016. The company has very successful experience for being the agent of the auto parts exhibition and tyre exhibition in the past five years. Overall speaking, the number of exhibitors increased by about 100%, and the company’s work has also gained approval of government organizations from Panama. ?