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Posted by Maria Arias on May 30, 2016
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SETTLING IN PANAMA IS STRATEGIC FOR ANY BUSINESS

A report by the United Nations Economic Commission for Latin America and the Caribbean published yesterday, found that Panama received foreign investment by $ 4,719,000 USD. Throughout Central America, foreign investment was $ 10.480 million dollars, means that the country attracted more than 45% of that capital.

Every day grows the number of established franchises in Panama. In recent years, it has surpassed the 200 franchises. Panama remains a leader in attracting investment in Central America.

The financial activity in Panama has strengthened its regional leadership, driven by consumer banking (83%), corporate banking, private banking, the insurance industry and the stock market. Multinational companies choose to settle in Panama because has a nice climate, geographical location is strategic for any business, in addition to a political and economic situation is stable so far.

The Panamanian economy has demonstrated its macroeconomic stability, registering high growth in recent years. Panama has positioned itself among the leaders of the region in attracting foreign direct investment, which has been directed mainly to sectors such as logistics, real estate, the Colon Free Zone and financial services.

The attractiveness of the local market is not only the results of the banking sector, as there are several sectors that maintain steady growth, such as construction, tourism, international trade and services in general.

Financial activity has strengthened its regional leadership, driven by consumer banking (83%), corporate banking, private banking, insurance industry and the stock market.

Panama has many advantages. It has a great climate, geographical location is strategic for any business, in addition to political and economic situation is stable so far.