Panama Speeds Up Tech Adoption: AI, Semiconductors, and Investment Fuel Growth

The Major Announcement: Panama's Tech Roadmap

The government has launched the National Advanced Technologies Agenda 2026-2029, including a National AI Strategy and one for Microelectronics and Semiconductors. President José Raúl Mulino made the announcement, highlighting these technologies as central to the country's future ambitions to become a “reliable innovation hub for AI” in Latin America. Strategic pillars include infrastructure, talent development, cybersecurity, ethics, governance, investment attraction, and practical applications in key sectors. Additionally, an adaptive AI governance law is under discussion to provide legal certainty and boost investment.(presidencia.gob.pa)

Key Topics

1. State Coordination for Critical Technologies

The National Commission for Critical and Emerging Technologies (CNTCE) and a Subcommission for AI have been established under Executive Decree No. 36 of May 2026. These initiatives reflect a state vision aimed at coordinating tech policies beyond the political cycle.(presidencia.gob.pa) Why it matters: It allows for sustained, comprehensive planning that's crucial for adopting and regulating emerging technologies. Recommendation: Entrepreneurs and companies should track these bodies to align with funding opportunities, public-private partnerships, and pilot programs.

2. Strengthening Digital Transformation and Cybersecurity in the Public Sector

The National Authority for Governmental Innovation presented the 2026 Digital Execution Plan, which features six pillars: digital transformation, cybersecurity, innovation, connectivity, interoperability, and transparency. Notable projects include Panama Connects (a single digital gateway) and a governmental SOC/CSIRT for active defense against incidents.(aig.gob.pa) Why it matters: It facilitates citizen processes, enhances public experience, and strengthens critical infrastructure. Recommendation: Tech companies could contribute solutions and participate in tenders or pilots related to digital identity and monitoring.

3. Foreign Investment and Free Trade Zones as Tech Propellers

The Qualified Investor Residency Program issued 268 certificates between July 2025 and June 2026, leading to investments totaling B/.113.6 million, exceeding the previous year's B/.90.1 million.(intelcom.gob.pa) Simultaneously, free trade zones attracted over B/.58.5 million and approved 24 new companies in the first quarter, creating jobs and boosting sectors like high technology and logistics services.(mici.gob.pa) Why it matters: It creates a favorable environment for innovative projects, including tech startups seeking investment and optimized operations. Recommendation: Founders and entrepreneurs should explore programs for investors and opportunities in free trade zones to scale their businesses.

4. Regional Talent and Capacity in AI

The 2025 Latin American Artificial Intelligence Index (ILIA) ranks Panama 7th overall with a score of 38.95, notably excelling in human talent (rank 10) and open-source production, outperforming countries like Uruguay and Costa Rica.(intelcom.gob.pa) Why it matters: There's an educational foundation and citizen interest supporting digital solution development and fostering innovative startups. Recommendation: Educational institutions, accelerators, and companies should promote practical training, hackathons, and open-source projects.

Conclusion

Panama is launching a clear offensive to establish itself as a regional tech platform focused on AI, semiconductors, digital transformation, and strategic investment. The creation of state commissions, digital policy, free trade zone incentives, and attraction of qualified investors are creating an increasingly fertile ecosystem. In the coming days, it will be important to closely follow:

• The progression of the AI governance bill.
• Calls related to Panama Connects and public cybersecurity.
• Opportunities in free trade zones aligned with technology.
• Training initiatives and open projects to capitalize on existing talent. Through these actions, Panama is not just observing the technological transformation but positioning itself to lead it.