Panama Buys Equity in CAF

©image: CAF

The funds will be used in infrastructure projects such as the Metro system, airports, sewers and roads.

Economy Minister Alberto Vallarino said that "... it is very positive to have the support of a multilateral entity as large as CAF for executing a very ambitions public investment plan in the next five years. CAF operates in a very agile way".

Source: laestrella.com.pa

More on this topic

Costa Rica to Award $200 million in Road Projects

August 2011

The government is preparing to make awards urgently for road projects in order to limit the backlog in road infrastructure.

The Ministry of Works and the National Road Council expect to award a total of $200 million for roadworks in the first half of September.

The recent approval by the Assembly of infrastructure loans introduced by the previous administration has accelerated the agenda for road projects.

Infrastructure: Latin America’s Major Need

April 2010

Over the next 10 years Latin America should invest 4% of its Gross Domestic Product in infrastructure.

Norman Anderson, president of CG/LA, the consulting company behind the Latin American Leadership Forum, remarked that investing in “good projects” is crucial for Latin America to have a greater weight in the global economy.

AviancaTaca´s Equity Offering Exceeds by Five Times its Share Issue

April 2011

AviancaTaca´s share issue exceeded $1.5 billion dollars, more than five times the initial offering of approximately $250 million dollars.

Yesterday, AviancaTaca´s share issue in the Colombian market ended with extreme success. Even with preliminary results, the requests for shares exceeded $1.5 billion dollars, more than 5 times the initial offering of approximately $250 million dollars.

El Salvador: $37 million in Securitization

December 2011

In the last 11 months, 4 projects have netted $37 million using this mechanism.

Municipalities and schools are some of the entities that have used, successfully, sales of bonds backed by income streams, in order to finance their projects.

This has been revealed from data from the Salvadoran Stock Exchange which announced that to date, more than $37 million has been raised using this method of financing.