Panamanian Industries ¿For Sale?
Over the past 12 years, at least 10 of the country's largest industrial companies were acquired by foreign capital.
Thursday, February 10, 2011
Rafael E. Berry, in his analysis in Panama America, details how from 2000 to date some of the largest Panamanian industries were acquired by foreign groups, including the National Brewery ($ 260 million), Cervecería Baru Dairy Industries ($ 220 million), and others like the largest manufacturer of bottles and companies from the food sector.
Less FDI arrived in El Salvador, according to data from the Investment Promotion Agency (Proesa), who recorded investments by 30 companies.
The country received $207 million in Foreign Direct Investment (FDI) during the first four months of the year, 8% more than the same period of 2009.
In light of questions raised about a private organization receiving state funding, the CINDE wishes to demonstrate its position and the concrete results of its stewardship in attracting foreign investment.
The Executive argues that foreign companies planning to invest in the country desist from doing so if they are not provided with tax incentives and the possibility of paying differentiated wages.
- Daily Update
- Government Purchases
- Classified Ads
- Indexes & Statistics
- Press Releases
- Events Calendar