Panama's Investments in Honduras Affected by Insecurity

When choosing a destination for their investments, Panamanian businessmen see poor conditions for both physical and legal security in Honduras.

Friday, July 26, 2013

This was explained by the Panamanian ambassador in Honduras, Mario Ruiz, adding that lately, trade between the two nations has had difficulties because of the issue of insecurity which "has affected business and has generated concerns about continuing to invest".

The distrust of Panamanian businessmen over the problems in Honduras is due to "both physical safety and also legal uncertainty," he added.



More on this topic

Foreign Companies Dont See Guatemala As a Good Place

June 2016

Amcham said that the lack of a clear strategy to attract foreign investment and uncertainty over key issues such as the emergent employment law are causing the country's business climate to deteriorate.

The views of the main chamber of foreign companies in the country do not coincide with those of Banco de Guatemala, which anticipates growth of 8.5% in foreign investment flows. In the view of Juan Pablo Carrasco, vice president of the Guatemalan Chamber of Commerce (AmCham), "... 'these figures are not realistic." What has happened specifically in the mining sector, with the suspension of seven projects in a week, has affected the investment climate among foreign companies. 

El Salvador: Increasing Insecurity and Decaying Business Climate

February 2016

Warnings have been given over increased insecurity, stagnation in the fight against corruption, and little capacity for Government dialogue in the second half of 2015.

The adoption of higher taxes without a dialogue, the consequences for the country of the increase in homicides from 10 to 18 a day in 2015, and stagnation in the fight against corruption, were highlighted in the evaluation made by the Salvadoran Foundation for Economic and Social Development ( Fusades) regarding the legal and institutional framework of the country during the second half of 2015.

Reduced Investment in El Salvador

May 2013

Lack of policies for attracting investment and the climate of insecurity both legally and for citizens is scaring away local and foreign investors.

In terms of Foreign Direct Investment (FDI), this barely grew, by $22 million, during 2012, closing with $463 million while the previous year it had been $441 million.

Power Conflict Affects Investments in El Salvador

August 2012

Aeroman’s expansion plans depend upon the solution of the current conflict between the legislative and judicial powers, due to the legal uncertainty it generates.

The Executive Director of Aeroman, Ernesto Ruiz, said that the Canadian company Aveos, the majority shareholder of Aeroman, is closely following the current conflict and will not continue with its expansion plans until it has been resolved.

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