Since then, the geographic position of Panama has played a predominantly strategic roll, in all senses. The slim silhouette of the country measures only 80 kilometers in its narrower waist, which allowed the construction of the Panama Canal, at the beginning of the twentieth century.
Even earlier, in the XVI century, Spain had turned Panama into a route of crossing between the seas and into an important commercial center within its empire. Spain transported its wealth by means of boats to the port of Portobelo in the province of Colón. From there, mules and cayucos loaded the merchandise through the isthmus all the way to the City of Panama to distribute to their colonies in the pacific coast of America. That concentration of wealth attracted pirates and privateers like the famous pirate Francis Drake, who attacked Portobelo in 1596 and Henry Morgan who attacked Panamá´s first City and set it afire in 1671.
Motivated by airs of freedom of the neighboring countries, Panama became independent from Spain in the month of November of 1821, to be united to the countries of the Great Colombia, conformed by Colombia, Venezuela and Ecuador. Nevertheless, Panamanian desire to become a free republic managed to come through and Panama was separated from Colombia in the third day of November in 1903.
In 1904 began the construction of the Panama Canal, considered the eighth wonder of the world. This work defined the vocation of the territory as a crossing site and interchange. Today, Panama is one of the most developed countries in Central America, and with greatest economic and tourist development in all of America.
With a healthy and effective democratic system, it is considered a very safe and prosperous country. Its service based economy, mainly in the tourism industry, the Panama Canal and the International Banking Center make it a highly successful country. It offers first world facilities like International Call Centers, modern shopping Malls and excellent professionals and technicians.