Foreign Direct Investment (FDI) in Panama reached B /. 1705.8 million during the first quarter of 2015, an amount that exceeds B /.Balboas 415.5 million or 32.2% investment in the same period last year, according to the latest report released by the National Statistics and Census Institute (INEC) of the Comptroller General of the Republic.
This investment was mainly oriented towards sectors hotel, banking, real estate, electric, commercial and manufacturing; and it was stimulated largely by investor confidence in Panama and its favorable prospects, thanks to the strategic location of the country, its sustained growth and high returns on public and private projects that are developed in the country.
" Panama offers favorable conditions for foreign investors to reinvest their profits, and the amount of these additional investments are a massive vote of confidence in the business climate and Panamanian institutions, "said Director of Social and Economic Analysis of the Ministry of Economy and Finance (MEF), Rogelio Alvarado.
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