{"id":22875,"date":"2018-04-16T15:39:06","date_gmt":"2018-04-16T20:39:06","guid":{"rendered":"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/?p=22875"},"modified":"2018-04-16T15:39:06","modified_gmt":"2018-04-16T20:39:06","slug":"panama-studies-building-train-costa-rica-china","status":"publish","type":"post","link":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/panama-studies-building-train-costa-rica-china\/","title":{"rendered":"Panama studies building train to Costa Rica with China"},"content":{"rendered":"

\"\"<\/a><\/p>\n

Panama is considering building a passenger train to Costa Rica with China, a project that would require an initial investment of $5 billion, Panama\u2019s President told Reuters in an interview, a sign of the Asian country\u2019s growing interest in Latin America.<\/p>\n

President Juan Carlos Varela said Panama is promoting infrastructure investment in general and will also auction off a third metro line, with an expected $4 billion investment requirement.<\/p>\n

China has become more involved in Latin America as the United States, under President Donald Trump, has taken a more protectionist stance on trade.<\/p>\n

feasibility study of a 450-kilometer train between Panama and the border of Costa Rica,\u201d Varela said on the sidelines of the Americas Summit in Lima on Friday evening.<\/p>\n

<\/div>\n

Varela also said he expected a $6 billion copper mine under construction by Australia\u2019s First Quantum Minerals (FM.TO<\/a><\/span>) to start producing next year, adding 2.5 percent to Panama\u2019s gross domestic product.<\/p>\n

In reference to the U.S.-China trade dispute, Varela said if any country wanted to renegotiate trade agreements, it should do so without generating conflict. Panama welcomed investment from all countries, he said.<\/p>\n\n

\n

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    Panama is considering building a passenger train to Costa Rica with China, a project that would require an<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[10,12,247,241,39,248,34,33,62,42,219,11,249,243,7,246,244,44],"class_list":["post-22875","post","type-post","status-publish","format-standard","hentry","category-news-articles-panama-perpsective","tag-bocas-del-toro","tag-boquete","tag-boquete-boca-chica-real-estate","tag-boquete-real-estate","tag-buenaventura","tag-casco","tag-casco-antiguo","tag-casco-viejo","tag-coffee-in-panama","tag-estate-homes-in-panama","tag-move-to-panama","tag-offshore-real-estate","tag-panama-offshore-real-estate","tag-panama-papers","tag-panama-real-estate","tag-relocate-to-panama","tag-rum-in-panama","tag-travel-to-panama"],"yoast_head":"\nPanama studies building train to Costa Rica with China - Blog 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