Panama Leads Central America – Foreign Direct Investment Up 61% in 2013

Panama Leads Central America – Foreign Direct Investment Up 61% in 2013

Monday, June 02 2014 @ 10:00 AM EDT
Contributed by: Don Winner
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Money MattersA report released by the Economic Commission for Latin America and the Caribbean (ECLAC) said Panama achieved an increase in foreign investment, which amounted to $4.651 billion dollars.
The information, posted on the ECLAC website, says Panama attracted the most foreign direct investment in Central America in 2013.

Panama achieved a growth of 61% in FDI, while other countries saw declines, such as Chile (-29%), Argentina (-25%), and Peru (-17%).

The document, entitled “Foreign Direct Investment in Latin America and the Caribbean 2013”, follows growth in the region since 2003, except in 2006 and 2009, but relative to the size of the economies FDI has remained virtually stable since 2011. (Critica)

Editor’s Comment: Panama continues to bring in foreign investment. These numbers will continue to be excellent over the next few years, thanks in large part to the $6 billion dollars that will be spent to develop the new copper mine.

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