PANAMA’S GROWING ECONOMY ATTRACTS FOREIGN INVESTORS

February 2, 2011

Foreign investors have taken due note of Panama’s economic growth, and invested almost $1.7 billion during the first nine months of last year. As Panama is primarily a country that provides services, the various tax benefits and other incentives that it provides have made it possible for companies in the financial, construction, logistics, consulting and other services to choose Panama as its regional center for operations that have contributed to the economic growth of the country.

In addition to establishing individual companies, foreign investors are also purchasing local industries in various sectors in order to strengthen their positions in the region. The firms that have agreed to sell their businesses have chosen the right moment when the economy is at its best, and will then seek new business opportunities.

Panama’s economic future is very bright and promising, and opens its doors to all investors who envision much success in the business world.

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