{"id":14988,"date":"2026-07-25T09:15:00","date_gmt":"2026-07-25T14:15:00","guid":{"rendered":"https:\/\/expat-times.com\/panama\/?p=14988"},"modified":"2026-07-25T08:32:11","modified_gmt":"2026-07-25T13:32:11","slug":"how-panama-is-building-a-675-billion-tech-future-with-us-help","status":"publish","type":"post","link":"https:\/\/expat-times.com\/panama\/uncategorized\/how-panama-is-building-a-675-billion-tech-future-with-us-help\/","title":{"rendered":"How Panama Is Building a $675 Billion Tech Future with US Help"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">US university partnerships and a specialized research center aim to transform the nation&#8217;s economic profile<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">A $675 billion global industry &#8211; projected to double in value over the next decade &#8211; has captured Panama&#8217;s attention. The country is preparing to launch an ambitious national strategy on July 30 that seeks to position it as a player in the semiconductor and microelectronics sector, a field that powers everything from smartphones and medical equipment to automobiles and telecommunications systems<a href=\"https:\/\/www.tvn-2.com\/nacionales\/panama-proyecta-becas-inteligencia-artificial-semiconductores-estados-unidos_1_2252540.html\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The initiative, spearheaded by the National Secretariat of Science, Technology and Innovation (Senacyt), represents far more than a technological upgrade. According to Juan Jos\u00e9 Pimento, director of Critical and Emerging Technologies at Senacyt, the proposal aims to fundamentally transform Panama&#8217;s economic matrix through talent development, specialized infrastructure, and investment attraction<a href=\"https:\/\/www.tvn-2.com\/nacionales\/panama-proyecta-becas-inteligencia-artificial-semiconductores-estados-unidos_1_2252540.html\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a>.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/expat-times.com\/panama\/wp-content\/uploads\/2026\/07\/senacyt-credit-senacytgobpa-1200x800-1-1024x683.webp\" alt=\"SENACYT Credit senacyt.gob.pa\" class=\"wp-image-14991\" srcset=\"https:\/\/expat-times.com\/panama\/wp-content\/uploads\/2026\/07\/senacyt-credit-senacytgobpa-1200x800-1-1024x683.webp 1024w, https:\/\/expat-times.com\/panama\/wp-content\/uploads\/2026\/07\/senacyt-credit-senacytgobpa-1200x800-1-300x200.webp 300w, https:\/\/expat-times.com\/panama\/wp-content\/uploads\/2026\/07\/senacyt-credit-senacytgobpa-1200x800-1-768x512.webp 768w, https:\/\/expat-times.com\/panama\/wp-content\/uploads\/2026\/07\/senacyt-credit-senacytgobpa-1200x800-1-150x100.webp 150w, https:\/\/expat-times.com\/panama\/wp-content\/uploads\/2026\/07\/senacyt-credit-senacytgobpa-1200x800-1-450x300.webp 450w, https:\/\/expat-times.com\/panama\/wp-content\/uploads\/2026\/07\/senacyt-credit-senacytgobpa-1200x800-1.webp 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">SENACYT Credit senacyt.gob.pa<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">A $105 Million Commitment to Human Capital<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The government has allocated $105 million to drive this vision forward, with a significant portion dedicated to education and professional training<a href=\"https:\/\/www.tvn-2.com\/nacionales\/panama-proyecta-becas-inteligencia-artificial-semiconductores-estados-unidos_1_2252540.html\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a>. This includes new scholarship programs for master&#8217;s and doctoral studies, but officials emphasize that the country also needs technicians, engineers, and specialists across multiple disciplines.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The strategy focuses on positioning Panama across various stages of the semiconductor value chain &#8211; from chip design and electronic card development to assembly, testing, and packaging processes<a href=\"https:\/\/www.tvn-2.com\/nacionales\/panama-proyecta-becas-inteligencia-artificial-semiconductores-estados-unidos_1_2252540.html\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a>. This approach reflects an understanding that participation in the industry requires a diverse workforce with varying skill levels.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">US Academic Partnerships Take Center Stage<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Arizona has emerged as a key partner in this endeavor. The state is considered one of the primary semiconductor development hubs in the United States, and Panamanian officials have forged alliances with three major institutions: Arizona State University, Northern Arizona University, and the University of Arizona<a href=\"https:\/\/www.tvn-2.com\/nacionales\/panama-proyecta-becas-inteligencia-artificial-semiconductores-estados-unidos_1_2252540.html\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Representatives from these universities are scheduled to visit Panama next week to formalize academic and research collaboration programs<a href=\"https:\/\/www.tvn-2.com\/nacionales\/panama-proyecta-becas-inteligencia-artificial-semiconductores-estados-unidos_1_2252540.html\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a>. This follows a broader framework established under the CHIPS and Science Act of 2022, which designated Panama as one of five partner countries &#8211; alongside Vietnam, Indonesia, the Philippines, and Costa Rica &#8211; for strengthening the global semiconductor supply chain<a href=\"https:\/\/asuengineeringonline.com\/content\/top-state-department-official-visits-asu-kick-international-semiconductor-supply-chain\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The US Department of State awarded a $13.8 million cooperative agreement to Arizona State University under the International Technology Security and Innovation Fund to support these international partnerships<a href=\"https:\/\/asuengineeringonline.com\/content\/top-state-department-official-visits-asu-kick-international-semiconductor-supply-chain\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a>. The initiative aims to boost assembly, testing, and packaging capabilities abroad while ensuring a resilient supply chain for American semiconductor manufacturers.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Panama&#8217;s selection was driven by its &#8220;unparalleled logistics capabilities, favorable business environment, and remarkable political stability,&#8221; according to a 2023 announcement from the US government<a href=\"https:\/\/efile.fara.gov\/docs\/3634-Informational-Materials-20230724-205.pdf#1#1\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a>.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/expat-times.com\/panama\/wp-content\/uploads\/2026\/07\/semi-conductors-1200x800-1-1024x683.webp\" alt=\"semi conductors\" class=\"wp-image-14345\" srcset=\"https:\/\/expat-times.com\/panama\/wp-content\/uploads\/2026\/07\/semi-conductors-1200x800-1-1024x683.webp 1024w, https:\/\/expat-times.com\/panama\/wp-content\/uploads\/2026\/07\/semi-conductors-1200x800-1-300x200.webp 300w, https:\/\/expat-times.com\/panama\/wp-content\/uploads\/2026\/07\/semi-conductors-1200x800-1-768x512.webp 768w, https:\/\/expat-times.com\/panama\/wp-content\/uploads\/2026\/07\/semi-conductors-1200x800-1-150x100.webp 150w, https:\/\/expat-times.com\/panama\/wp-content\/uploads\/2026\/07\/semi-conductors-1200x800-1-450x300.webp 450w, https:\/\/expat-times.com\/panama\/wp-content\/uploads\/2026\/07\/semi-conductors-1200x800-1.webp 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">semi conductors<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Building a Specialized Research Center<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The strategy also involves strengthening the Center for Advanced Semiconductor Technologies (C-TASC), which will operate on the campus of the Technological University of Panama (UTP). The center is conceived as a non-profit space for training, research, and academic innovation, resulting from collaboration between industry, academia, and government<a href=\"http:\/\/www.investigadores.utp.ac.pa\/proyectos\/1399\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The project includes construction of a dedicated building with specialized laboratories and a clean room &#8211; essential for developing and manufacturing high-precision electronic components<a href=\"https:\/\/www.tvn-2.com\/nacionales\/panama-proyecta-becas-inteligencia-artificial-semiconductores-estados-unidos_1_2252540.html\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a>. C-TASC will be open to students and researchers from all universities across the country, not exclusively UTP<a href=\"https:\/\/www.tvn-2.com\/nacionales\/panama-proyecta-becas-inteligencia-artificial-semiconductores-estados-unidos_1_2252540.html\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The center&#8217;s board of directors includes representatives from multiple institutions, including SENACYT, APEDE, the Chamber of Commerce, and INADEH, with the Comptroller General participating to ensure transparency and accountability<a href=\"https:\/\/utp.ac.pa\/c-tasc-aip-celebra-la-primera-sesion-de-su-junta-directiva-en-2025\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Beyond Semiconductors: An AI Roadmap<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Alongside the semiconductor strategy, Senacyt will present a national roadmap for artificial intelligence development. Unlike the semiconductor initiative, this strategy will be cross-cutting, aiming to drive digital transformation across education, healthcare, logistics, industry, and public services<a href=\"https:\/\/www.tvn-2.com\/nacionales\/panama-proyecta-becas-inteligencia-artificial-semiconductores-estados-unidos_1_2252540.html\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A recent national hackathon brought together students from various universities to solve real-world problems posed by international companies &#8211; an experience that has already sparked interest from foreign firms in establishing operations in Panama<a href=\"https:\/\/www.tvn-2.com\/nacionales\/panama-proyecta-becas-inteligencia-artificial-semiconductores-estados-unidos_1_2252540.html\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a>.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/expat-times.com\/panama\/wp-content\/uploads\/2025\/12\/artificial-intelligence-1200x800-1-1024x683.webp\" alt=\"artificial intelligence ai\" class=\"wp-image-10164\" srcset=\"https:\/\/expat-times.com\/panama\/wp-content\/uploads\/2025\/12\/artificial-intelligence-1200x800-1-1024x683.webp 1024w, https:\/\/expat-times.com\/panama\/wp-content\/uploads\/2025\/12\/artificial-intelligence-1200x800-1-300x200.webp 300w, https:\/\/expat-times.com\/panama\/wp-content\/uploads\/2025\/12\/artificial-intelligence-1200x800-1-768x512.webp 768w, https:\/\/expat-times.com\/panama\/wp-content\/uploads\/2025\/12\/artificial-intelligence-1200x800-1-150x100.webp 150w, https:\/\/expat-times.com\/panama\/wp-content\/uploads\/2025\/12\/artificial-intelligence-1200x800-1-450x300.webp 450w, https:\/\/expat-times.com\/panama\/wp-content\/uploads\/2025\/12\/artificial-intelligence-1200x800-1.webp 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">artificial intelligence ai<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Regional Ambition in a Global Context<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The launch event on July 30 is expected to draw representatives from major universities and technology companies, signaling Panama&#8217;s ambition to become a regional leader in innovation<a href=\"https:\/\/www.infobae.com\/panama\/2026\/07\/17\/panama-se-apunta-al-desarrollo-de-las-estrategias-de-inteligencia-artificial-y-de-semiconductores-y-microelectronica\/\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a>. This initiative aligns with broader global trends: the COVID-19 pandemic exposed critical vulnerabilities in semiconductor supply chains, prompting nations worldwide to seek diversification and resilience.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Panama&#8217;s strategic position, with the Panama Canal at its center and an established logistics infrastructure, offers competitive advantages that officials believe make the country an &#8220;exceptional choice&#8221; for semiconductor assembly, packaging, and testing operations<a href=\"https:\/\/efile.fara.gov\/docs\/3634-Informational-Materials-20230724-205.pdf#1#1\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a>. The expansion of this industry has the potential to create well-paying jobs, particularly for young Panamanians, while enhancing the country&#8217;s technological capabilities<a href=\"https:\/\/efile.fara.gov\/docs\/3634-Informational-Materials-20230724-205.pdf#1#1\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Purdue connection adds another dimension: in 2024, Purdue University and Panama signed a memorandum of understanding to enhance educational opportunities and workforce development, with discussions about establishing a Global Workforce Development Center for Advanced Technology in Panama<a href=\"https:\/\/www.purdue.edu\/newsroom\/2024\/Q3\/purdue-panama-enter-agreement-to-support-semiconductor-academic-collaboration-and-workforce-development\/?utm_campaign=240830_PurdueNewsWeekly&amp;utm_id=961002&amp;utm_medium=email&amp;utm_source=sfmcPT&amp;utm_term=signed+a+memorandum+of+understanding\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><a href=\"https:\/\/evertiq.com\/news\/56307\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a>. This follows a separate agreement with the Krach Institute for Tech Diplomacy at Purdue, providing access to educational platforms for government and industry leaders<a href=\"https:\/\/www.senacyt.gob.pa\/la-senacyt-y-el-krach-institute-for-tech-diplomacy-at-purdue-firman-alianza-estrategica-para-fortalecer-la-proyeccion-tecnologica-de-panama\/\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>US university partnerships and a specialized research center aim to transform the nation&#8217;s economic profile A $675 billion global industry &#8211; projected to double in value over the next decade &#8211; has captured Panama&#8217;s attention. The country is preparing to launch an ambitious national strategy on July 30 that seeks to position it as a<\/p>\n","protected":false},"author":1,"featured_media":14990,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sitemap_exclude":false,"_sitemap_priority":"","_sitemap_frequency":"","footnotes":""},"categories":[1],"tags":[5545,5546,5544,50,5543],"class_list":["post-14988","post","type-post","status-publish","format-standard","has-post-thumbnail","category-uncategorized","tag-billion","tag-building","tag-future","tag-panama","tag-tech"],"_links":{"self":[{"href":"https:\/\/expat-times.com\/panama\/wp-json\/wp\/v2\/posts\/14988","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/expat-times.com\/panama\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/expat-times.com\/panama\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/expat-times.com\/panama\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/expat-times.com\/panama\/wp-json\/wp\/v2\/comments?post=14988"}],"version-history":[{"count":1,"href":"https:\/\/expat-times.com\/panama\/wp-json\/wp\/v2\/posts\/14988\/revisions"}],"predecessor-version":[{"id":14992,"href":"https:\/\/expat-times.com\/panama\/wp-json\/wp\/v2\/posts\/14988\/revisions\/14992"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/expat-times.com\/panama\/wp-json\/wp\/v2\/media\/14990"}],"wp:attachment":[{"href":"https:\/\/expat-times.com\/panama\/wp-json\/wp\/v2\/media?parent=14988"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/expat-times.com\/panama\/wp-json\/wp\/v2\/categories?post=14988"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/expat-times.com\/panama\/wp-json\/wp\/v2\/tags?post=14988"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}