{"id":14219,"date":"2026-06-26T11:45:00","date_gmt":"2026-06-26T16:45:00","guid":{"rendered":"https:\/\/expat-times.com\/panama\/?p=14219"},"modified":"2026-06-25T19:26:47","modified_gmt":"2026-06-26T00:26:47","slug":"us-ambassador-urges-panama-protect-investment-climate","status":"publish","type":"post","link":"https:\/\/expat-times.com\/panama\/business-economy\/us-ambassador-urges-panama-protect-investment-climate\/","title":{"rendered":"US Ambassador Urges Panama Protect Investment Climate"},"content":{"rendered":"\n

Panama must guarantee transparency in public bidding processes and pay suppliers on time to maintain investor confidence. United States Ambassador to Panama Kevin Marino Cabrera delivered this message during a high-level panel on logistics and trade. The event took place at the 56th General Assembly of the Organization of American States<\/a> in Panama City.<\/p>\n\n\n\n

Cabrera spoke alongside government officials and business leaders at the Atlantic Council panel titled \u201cTrade and Logistics: The Opportunity to Attract Investments in Panama.\u201d The discussion focused on keeping the country competitive as a regional business hub. Panama currently ranks as one of Latin America’s top destinations for multinational corporations. Its maritime, air and land connectivity creates a strong foundation for logistics operations. But the ambassador made clear that past success does not guarantee future growth.<\/p>\n\n\n\n

\u201cWhat does an investor want? They want certainty,\u201d Cabrera said. [Translated from Spanish] He emphasized that Panama must ensure predictable rules for public tenders and processes linked to the Panama Canal<\/a>. These rules must remain stable beyond each five-year administration. The diplomat also highlighted the importance of orderly public finances and the payment of outstanding commitments to suppliers. According to information shared by US companies working with the government, more open accounts have been paid compared to previous administrations. \u201cYou want to be sure that when you provide a service, you will be paid,\u201d Cabrera stated. [Translated from Spanish] He called this a basic but decisive factor for companies considering contracts, tenders or infrastructure projects.<\/p>\n\n\n\n

Panama’s Investment climate in Panama<\/a> depends on clear rules and reliable institutions. Cabrera urged the country to continue creating opportunities for US companies to bid on projects related to logistics, critical infrastructure, education and talent development. The panel included Minister of Commerce and Industries Julio Molt\u00f3, Panama Canal Deputy Administrator Ilya Espino de Marotta and Panama Pacific Director General Henry Kardonski. All agreed that the country must strengthen its competitive advantages through clear regulations, reliable infrastructure and better human capital preparation.<\/p>\n\n\n\n

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A post shared by U.S. Embassy Panama (@usembpan)<\/a><\/p><\/div><\/blockquote>\n