{"id":2495,"date":"2011-05-13T15:45:00","date_gmt":"2011-05-13T20:45:00","guid":{"rendered":"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/?p=2495"},"modified":"2011-05-13T15:45:00","modified_gmt":"2011-05-13T20:45:00","slug":"panama-latin-americas-fdi-leader","status":"publish","type":"post","link":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/panama-latin-americas-fdi-leader\/","title":{"rendered":"Panama: Latin America’s FDI Leader"},"content":{"rendered":"

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

\u00a0The Latin Business Chronicle reports that Panama has Latin America\u2019s highest percent of FDI, while Venezuela has the lowest.<\/p>\n

PANAMA\u00a0CITY\u00a0\u2013\u00a0Panama\u00a0has replaced\u00a0Chile\u00a0as\u00a0Latin America\u2019s leading recipient of foreign direct investment as a percent of its\u00a0GDP, according to a\u00a0Latin Business Chronicle<\/em>\u00a0analysis of new data from the UN\u00a0the United Nations Economic Commission for\u00a0Latin America\u00a0and the Caribbean (ECLAC) and\u00a0GDP\u00a0data from the International Monetary Fund (IMF).\u00a0<\/p>\n

Business is finding that tiny\u00a0Panamahas become much easier to locate on a world map. With breakneck economic growth, a $5.25-billion expansion of its famous canal and a capital city skyline unlike any in\u00a0Central America,Panama\u00a0has made a quick transformation from a military-run backwater to an outstanding economic performer that is the envy of its regional peers.<\/p>\n

Panama\u00a0attracted $2.36 billion in FDI in 2010, continuing a trend that has had the seen the country of 3.4 million people average above $2 billion per year in FDI since 2006. Last year\u2019s FDI figure was the equivalent of 8.8 percent of\u00a0Panama\u2019s $26.8 billion economy. That was a higher rate than any other country in the region, including\u00a0Chile, according to the\u00a0Latin Business Chronicle<\/em>\u00a0analysis.<\/p>\n

\u201cThe foreign investor finds everything here,\u201d says Nicolas Ardito Barletta, the president of the PanAm Development Corporation, a regional business-services firm based in\u00a0Panama City.\u00a0Barletta\u00a0points to carrier Copa Airlines,Panama\u2019s expanding international airport, the canal, ports, telecom infrastructure and\u00a0Panama\u2019s geographic location as the key components to the country\u2019s recent success. \u201cThe advantage is the connectivity,\u201d saysBarletta, a former president of\u00a0Panama\u00a0who also heads\u00a0Panama\u2019s private sector-led\u00a0National\u00a0Competitiveness\u00a0Center, or CNC, which guides the government meeting competition-boosting priorities.<\/p>\n

From giants like Caterpillar and Procter and Gamble – which set up its Latin American management headquarters in\u00a0Panama\u00a0in 2007 – to specialized<\/p>\n

Full story<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

\u00a0The Latin Business Chronicle reports that Panama has Latin America\u2019s highest percent of FDI, while Venezuela has the<\/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":[21,42,16,29,27,18,22,19,11,6,20,7,15,44,17],"class_list":["post-2495","post","type-post","status-publish","format-standard","hentry","category-news-articles-panama-perpsective","tag-energy","tag-estate-homes-in-panama","tag-estate-planning","tag-exchange-property-in-panama","tag-fantasy-island","tag-foundations","tag-hydro-electric","tag-investments-in-panama","tag-offshore-real-estate","tag-panama","tag-panama-economics","tag-panama-real-estate","tag-tax-issues","tag-travel-to-panama","tag-trusts"],"yoast_head":"\nPanama: Latin America's FDI Leader - Blog and Newsletter<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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