The estimated public investment until 2019 will be $19 billion close to $4 billion annually.
Diversify and improve the productivity of the economy; improve the quality of life of the population; expand the skills and knowledge of Panamanians; increased investment in public infrastructure and environmental sustainability are some pillars of the investment plan which aims to run the Ministry of Economy and Finance (MEF) between 2014 and 2019.
The Foreign Office minister, Dulcidio De La Guardia, presented the morning of Tuesday, January 20, in the Vision 2015 forum, organized by Financial Tuesday , the breakdown of investments to be implemented during the administration of President Juan Carlos Varela, framed in four key sectors of the Strategic Plan of Government: logistics, agriculture, tourism and mining.
54% of the total ($ 10 000 700 million) will go to social projects (basic sanitation, 100% potable water, etc.); $ 6 billion 300 million in infrastructure (completion and start of line 1 line 2 of Metro mass transit system in Panama Oeste and fourth bridge over the Canal); and $ 1.200 million in terms of economic infrastructure (completion of the third transmission line, 200 kilometers of roads production launch of Cold Chain, etc.).
They also invested $ 216 million in environmental projects, such as the implementation of the National Land Use Plan and tourism development in protected areas.