Panama Is A Safe Investment: President Mulino Before The Council Of The Americas -

(MENAFN- Newsroom Panama) The Panama forum at the COA, led by President José Raúl Mulino, was the event that attracted the greatest participation and interest during the annual week held by the group at its headquarters in New York. The 54 available spots for the Panamanian president 's exhibition were sold out, creating a waiting list in case more spaces became available. All participating companies are renowned and interested in learning about opportunities to invest or open operations in Panama. Among them are Amazon Web Services, Apple Inc., Chiquita Brands International, Citibank, ExxonMobil, Google, Intercorp, Pfizer, Santander, Sudameris Bank, The AES Corporation, Visa, Warner Bros., Zipline, Apollo Global, Amos Global Energy Group, and A&O Shearman.

“The time to invest in Panama is now. I invite you to be part of this new chapter of growth and stability,” said President Mulino during his presentation at the COA, an organization that, through dialogue, fosters relationships and collaboration between the business sector and governments in the Western Hemisphere to promote investment and social and economic development. President Mulino presented a summary of the major public investment projects currently underway in the country and explained his government's economic agenda, which includes the restructuring of public finances.

“We are at a crucial moment, a turning point in which pro-market policies and large infrastructure projects are creating an unprecedented environment,” the Panamanian president said. He noted that his government is also focused on strengthening the country's international image and market confidence. A clear example of this is that Panama has been removed from the European Union and FATF lists of high-risk jurisdictions regarding money laundering and terrorist financing.“Panama is a reliable partner,” he emphasized. Mulino explained that the Government's Strategic Plan includes more than $30 billion in public investments focused on various areas, such as health, education, transportation, infrastructure, and innovation. This includes projects such as the Panama-David Train, currently under study, and the electrical interconnection with Colombia; as well as projects already under construction, such as Metro Line 3 and the tunnel under the Canal.

Added to this is the Panama Canal's $8.4 billion portfolio, with initiatives such as the Río Indio multipurpose reservoir, which will ensure drinking water for more than two million people and guarantee transit for the next 50 years, the president added in New York. Panama's stability is based on two strong pillars: a dollarized economy and a pro-investment legal framework.“That combination has been the cornerstone of our success and the reason we remain an attractive business destination,” the president noted. Mulino stated that this confidence is already reflected in concrete results. In 2024 alone, twelve new companies established themselves in Panama under the multinational company headquarters regime, bringing the total to 186, in addition to the steady growth of the free trade zones established in the country.

The Panamanian leader acknowledged that a country cannot be competitive with an inefficient state. Therefore, he noted that today Panama is committed to a modern government that innovates in the provision of services and in its relationships with citizens and businesses. Mulino also emphasized that Panama is already a consolidated air hub and is now moving toward becoming a world-class logistics hub. With modern infrastructure, trained human talent, and the Panama Canal as its backbone,“we want to consolidate the country as the most efficient connection point in the Americas,” he noted.

During the meeting, COA President Susan Segal and Andrés Gluski, Chairman of the Board of Directors of this business organization, recognized President Mulino for his government's economic efforts, promoting Panama as a safe and prosperous destination for foreign investment. President Mulino was accompanied by the First Lady, Maricel Cohen de Mulino; Ministers Julio Moltó (Commerce), Felipe Chapman (Economy), José Ramón Icaza (Canal), and Adolfo Fábrega, Administrator of the National Authority for Government Innovation.

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