Panama

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Panama’s ICT sector is a key enabler of the country’s high-growth, services-based economy. Strong technical infrastructure coupled with a robust legal regime present favourable conditions for local and international technology companies. The “Global Information Technology Report 2015”, published by the World Economic Forum, ranked Panama 51st amongst 143 countries in...

How can research and development (R&D) aid Panama’s service economy? How do you strengthen ties between universities and the private sector?

What role do you expect wind energy will play in Panama’s future energy mix?

In a country with over 60% of its electricity generation capacity powered by hydroelectric plants, renewable energy is no novelty in Panama. However, the need to diversify the generation base has led to interest in other technologies, especially wind and solar. Panama has good resources available for both. The average annual sum of global horizontal irradiance for the...

With a vision to turn Panama into an energy hub, the new administration is looking to strengthen the existing electricity and hydrocarbons market and its infrastructure, using both public and private investment, to place the country in the region’s spotlight. Multimillion-dollar investments in fossil fuel power generation, network infrastructure and renewables are in the...

Industry has not traditionally been among the largest sectors of Panama’s economy, which is based largely on services – especially transport and logistics, which make up more than one-fifth of GDP – but recently the sector has begun to benefit from the development of value-added services. A sizeable number of companies have in recent years begun trying to leverage Panama...

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