For the president of the Inter-American Development Bank, Mauricio Claver-Carone, the “nearshoring” trend offers Panama an extraordinary opportunity to achieve greater participation in world trade.
Supply chain disruptions due to the Covid-19 pandemic and Russia’s invasion of Ukraine forced investors to seek options where they can take their factories and production closer to end markets.
Panama has the dollar, it has a strong banking system, mobility facilities, air and sea connections, all the things that an investor requires to be able to operate, business leaders highlighted during the Bloomberg New Economy Gateway Latin America.