During the recent press conference, the Minister of Economy and Finance, Frank de Lima announced record levels of foreign direct investment in Panama. Within such topic he also presented a major program of the infrastructure improvements in the city. From 2014 to 2018 the government plans to invest at least $ 6.5 billion. It is important to note that investments in education facilities, where Panama has a lot to improve, will be at least $ 200 million.
Among major projects are extension of Amador, several major streets, constructions of hospitals, including the new Cancer Center, the government quarter and the children city hospital.
On the other hand, the Minister also noted huge interest for many projects among private companies. Their area of interest includes energy and other industries. Total volume of investments until 2018 will amount to $ 7.65 billion.
According to the minister, the international rating agencies continue to characterize the economy of Panama as stable and positive. Fitch, Standard & Poor's ratings are “BBB Stable” and Moody’s is “Baa2 Stable”.
