Panama is a major international logistical hub and a banking center with over 90 banks, which has resulted in a growing number of private sector firms and international agencies establishing their regional headquarters in Panama. Panama will remain one of the region's fast-growing economies in Latin America, with GDP growth forecast to reach close to 5% in 2017. This is driven by the expanded canal, large infrastructure projects, mining and financing services. Panama has signed free trade agreements (FTA) witha number of countries including Canada, which came into force in April 2013.
- Construction & Infrastructure
- Mining & Metals
How we can support your business
Through our representation in Bogotá, Colombia, we provide on-the-ground support to Canadian companies planning on or currently doing business in Panama. Our regional representatives have developed strategic relationships with major buyers in key sectors as well as an extensive network of local contacts in the market.
- We are well positioned to help Canadian companies through a range of financing and risk management services.
- Learn more about our service offering.
Consult our interactive Country Risk Quarterly report.