Friday, October 28, 2011

Panama investment highlights

A report of the Economic Commission for Latin America and the Caribbean (ECLAC) placed Panama as the Central American country with the highest volume of foreign direct investment (FDI) captured in the first half of the year.

During this period, Panama received 1,416 million dollars, again beating Costa Rica, its closest competitor, which recorded 570 million dollars.
According to projections from the Comptroller General, the Panamanian economy could raise over 3 billion dollars in FDI in 2011, exceeding the
2,362 million dollars last year.

Among the factors that have driven FDI in Panama is the establishment of multinationals such as Wrigley and Fastenal (U.S.), Atlas Copco (Sweden), Unilever (Netherlands), Merck and Bauer (Germany).

According to the ECLAC report, foreign investment in the 18 Latin American economies grew 54% in the first six months of the year, confirming good economic performance of the region, despite the uncertainty of the European crisis and the U.S. deficit.

La Prensa
October 26th, 2011
Summary by Juliette Passer

1 comment:

  1. The facts and the other informative points mentioned here are really considerable and to the point as well and it would be a good idea to have more of these kinds to follow it out.

    Investment in Panama