Foreign investment in Panama increases 32.8%
Foreign Direct Investment (FDI) that entered Panama during the first half of the year reached $100 million.
Monday, October 6, 2008
This is increase is due mainly to the investments and re-investment of earnings by banks with general license that are operating in the country.
This year the flow of Foreign Direct Investment (FDI) continued its upward trend, which has been maintained for the last 8 years.
In the first six months of the year the country received $1.057 million in foreign direct investment (FDI).
In the first six months of the year foreign direct investment in country amounted to $284 million, 32% higher than in the same period in 2010.
According to estimates from the Central Bank, approximately $2 billion in foreign investment is expected during this year, up 22.3% in comparison to 2007.
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