Panama needs foreign investment

©image: Lyn Gateley

Prensa.com reports: "This will be the main topic and it can be achieved with the expansion of the Canal, the ports and the hydroelectric plants. However if there are no FDIs, we will grow less that what is forecasted," Marco Fernandez, economist and partner at Indesa, said yesterday at the forum of the Libertad Foundation: Origin and consequences of the financial crisis."

Source: Prensa.com

More on this topic

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.

Panama: Trump Interested in Old Quarters

March 2011

The Trump Corporation announced its interest in developing a project “even if it's small”, in the old quarters of Panama City (“Casco Antiguo” in Spanish).

The corporation owns the $430 million Trump Ocean Club, its first development in Latin America, and wants it to become a symbol for Panama and Central America.

Foreign Direct Investment Rises 25% in Panama in 2008

March 2009

Foreign Direct Investment (FDI) was $2.401 billion, 25.9% more than the $1.907 billion in 2007, according to the Comptroller General of the Republic.

Marianela Palacios wrote in an article in Prensa.com: "The FDI level is approaching the record of $2.497 billion in 2006, mainly due to the purchase of Banistmo.

Nicaragua after Russian Investment of $600 million

January 2012

The Nicaraguan Government wants to attract Russian interest in production, tourism, education projects and intends to sign cooperation agreements.

Nicaragua wants to attract Russian investments through productive projects, investment protection, education and cooperation worth a total of $600 million, the government said.