Panama City, Panama played host to Innovation Day Panama 2026 on May 6. The strategic forum brought together public sector leaders, private companies, and international organizations. Organizers Ericsson and Forbes Central America created the space to debate the region’s digital future. The event focused on artificial intelligence, advanced connectivity, smart cities, and sustainability. Panama is working to establish itself as a digital hub in Latin America. Data from consulting firm IDC Latin America shows that 75 percent of companies in Panama have already moved to cloud services. Experts project greater adoption of Internet of Things (IoT) technology and 5G networks in coming years.
AI, Connectivity and Governance Take Center Stage
Forbes Central America representatives opened the event by stressing that Digital transformation involves more than just technology. It also requires human impact, sustainability, and productivity gains.
When we talk about artificial intelligence, connectivity, smart cities and digital transformation, we also talk about human ecosystems, said the regional editorial director. We must integrate education, innovation and economic development. [Translated from Spanish]
Economy and Finance Minister Felipe Chapman addressed the economic substance bill headed for the National Assembly. He explained the initiative aims to cut operating costs for multinational companies working in Panama.
Every time they carry out a financial operation with their country of origin, they have additional costs. These processes increase time and make investment more expensive, the minister said. [Translated from Spanish]
Technology Development Meets Regulatory Frameworks
Authorities from the National Secretariat of Science, Technology and Innovation, known as Senacyt, participated in the forum. The National Authority for Government Innovation, or AIG, also sent representatives. Both organizations emphasized strengthening the country’s digital infrastructure. AIG Administrator Adolfo Fábrega spoke during one panel discussion. He called for better coordination between the state and private businesses.
The private company is an enabler, a strategic partner. There must be harmony to drive innovation, Fábrega stated. [Translated from Spanish]
Senacyt representatives warned about the need for clear regulatory frameworks for artificial intelligence. They also pushed for technological audit mechanisms to guarantee transparency and security. The Government of Panama has made digital governance a priority in recent policy discussions.
Risks, Talent and Technological Sovereignty
The forum tackled challenges tied to artificial intelligence development. Experts agreed that data security remains a major concern. Training specialized talent and modernizing regulatory frameworks are equally critical for national competitiveness. Ericsson Vice President for Latin America Sobaan Kazi offered a direct message for government leaders. He said they must prioritize connection quality, digital security, and infrastructure expansion. Panelists stressed that technological sovereignty and digital education are fundamental for sustainable development. Artificial intelligence is already transforming health care, logistics, education, and government services across Panama.
Panama Builds National AI Strategy
Event organizers reminded attendees that Panama started building its National Artificial Intelligence Strategy in 2025. Senacyt leads this effort. The goal is to position Panama as a regional reference for ethical and competitive technology adoption. Innovation defines economic competitiveness in the current global environment. Participants agreed that forums like Innovation Day Panama 2026 help align public policies, private investment, and technological development. The challenge for Panama remains clear. Experts concluded the country must turn these discussions into concrete actions. Only then can it consolidate its position as the region’s digital hub.