Panama promotes public investment projects with Amazon, Apple, Google, Exxon Mobile, and Santander

Posted on 2025-09-29

Panama boosts confidence and investment among global giants

Panama reaffirmed its position as a strategic destination for foreign investment during the Council of the Americas (COA) forum held in New York. The meeting, which sold out all 54 available spots and generated a waiting list, brought together executives from top-level multinationals such as Amazon Web Services, Apple, Google, Pfizer, ExxonMobil, Citibank, Santander, Warner Bros., Visa, Chiquita Brands, Intercorp, AES Corporation, Zipline, Apollo Global, and Amos Global Energy Group.

In his remarks, President José Raúl Mulino asserted that "the time to invest in Panama is now," highlighting the country's strength as a logistics, aviation, and financial hub in the region. He emphasized that the dollarized economy and pro-investment legal framework are the pillars of Panama's stability and the reason why the country remains attractive for business.

The president also highlighted Panama's recent removal from the European Union and FATF gray lists, a fact that strengthens international trust and projects the country as a reliable partner. "This combination has been the cornerstone of our success and the reason why we continue to be an attractive business destination," he emphasized.

The agenda presented included a public investment plan of more than $30 billion in key areas such as health, education, transportation, infrastructure, and innovation. Strategic projects include Line 3 of the Panama Metro, the tunnel under the Canal, the Panama-David train currently under study, and the electrical interconnection with Colombia. Added to this is the Panama Canal portfolio, valued at B/. 8.4 billion, which includes projects such as the Río Indio multipurpose reservoir.

The forum was recognized by COA President Susan Segal and Andrés Gluski, Chairman of the Board of Directors, who highlighted the Panamanian government's economic efforts and its projection as a safe and prosperous destination for foreign investment.

In 2024, twelve new companies joined the multinational corporation headquarters (MCE) regime, bringing the total to 186 corporations in Panama. Furthermore, free trade zones continue to expand, consolidating the country as a regional operations center for global companies.

Mulino was accompanied by First Lady Maricel Cohen de Mulino, as well as Ministers Julio Moltó (Trade), Felipe Chapman (Economy), José Ramón Icaza (Canal), and Adolfo Fábrega, Administrator of the Government Innovation Authority, in an event that marked one of the highlights of the COA's annual week.

With this push, Panama seeks to consolidate its position as the safest investment destination on the continent and open a new chapter of growth and stability in partnership with the international private sector.