Panama to Host the 2014 World Economic Forum

Ricardo Martinelli and the president of the World Economic Forum have agreed that Panama will be the site of the annual event in Latin America, when more than 1000 businesses from around the world will gather together.

Monday, September 26, 2011

A statement by the Presidency of Panama reads:

Panama has managed to attract interest from new U.S. investors and become the site of the World Economic Forum 2014.

The president, Ricardo Martinelli inaugurated "Panama Invest" on Tuesday September 20 in New York, where he reiterated that the country has one of the most competitive economies in Latin America and is open to foreign direct investment.

"Panama needs foreign investment to develop in many areas where we still are lacking efficiency in order to make economic growth reach the poorest sectors of the country," said the president of Panama in connection with this event which brings together a large group of businessmen, presidents and vice presidents of U.S. companies in the Harvard Club of New York.

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