Located on the former site of the Clayton military base, City of knowledge has been transformed into a campus dedicated to applied science, entrepreneurship and international cooperation, which connects talent, research and companies to develop solutions to the challenges of the country and the region. What was once a military base is today a Panamanian space dedicated to knowledge.
25 years after its creation, the City of Knowledge has established itself as one of the main hubs and ecosystems where innovation contributes to the development of knowledge and international cooperation in Panama.
Currently, its campus houses more than 260 organizations, generates 11,378 jobs and contributes 314 million dollars annually in economic activity, contributing to the sustainable development, economic impact and competitiveness of the country.
During this quarter of a century, the project has contributed to positioning Panama as a meeting point for innovation and international collaboration. There are currently 34 international organizations, 135 organizations dedicated to innovation, technology, education and science, and more than 25 academic programs that strengthen the training of talent.
The economic impact of the ecosystem is very significant. An economic impact and social impact study carried out by the firm Ipsos revealed that, in 2024, the organizations installed on the campus registered B/. 783.6 million in gross production value (sales), B/. 469.7 million in intermediate consumption (purchases) and B/. 314 million in value added to the National Gross Domestic Product.
City of Knowledge has established itself as a platform for entrepreneurship and social impact. In the last five years, more than 300 startups have been incubated on campus, generating more than $21 million in revenue. Additionally, more than 13,000 entrepreneurs have participated in incubation and acceleration programs, while more than 8,000 women have been trained.
Every year more than 4 million visits are received. In addition to its economic and institutional impact, the project protects a 21-hectare forest reserve that serves as a space for scientific research and environmental education.
“After reaching the milestone of our first 25 years, we carried out, together with the firm Ipsos, a study to measure the economic and social impact of the City of Knowledge. The results of the study confirm that this is a project that boosts the economy and contributes to a more equitable, prosperous and sustainable future for Panama,” said Jorge Arosemena R., executive president of the City of Knowledge Foundation.
