French investment in Panama has reached $600 million and is projected to reach $1 billion in 2010.
An article by AFP in mipunto.com reported that the French ambassador to Panama, Pierre Henri Guignard, said: "Panama is a key player in the globalization of Latin America and our companies understand this."
GDF Suez is the company that has made the largest investment in Panama, developing power generation projects for $650 million.