FOREIGN INVESTMENTS IN PANAMA CONTINUE TO GROW

July 7, 2010

Panama continues to attract foreign investors as shown by a 56% increase ($219 million) in investments during the first quarter of this year compared to 2009 when investments were down to $389 million because of the financial crisis. The increase brought in a total of $608 million during the first three months of 2010.

The country has managed to earn a positive image internationally, especially because of its political and juridical stability, as well as the many benefits and incentives that it offers. Several business sectors have shown substantial growth. These include real estate, hotels, tourism, and communications, among others. It is expected that direct foreign investments will amount to over one billion dollars annually.

CB Richard Ellis, one of the major real estate firms in Panama, is an active participant in the country’s economic growth, and provides its clients with the very best services, advice and products in the industry.

Others News