EDC facilitates Canadian participation in major Panama projects, including Canal expansion
Tuesday, September 26 2006 @ 12:19 AM UTC
Contributed by: Don Winner
EDC will work with Canadian companies and the Panamanian government to identify projects of mutual interest and offer financing. EDC acts as a direct lender in government-sponsored projects or works in partnership with other export credit agencies or financial institutions. EDC also offers finance and insurance solutions for Canadian investors and exporters working with the private sector in Panama.
Canadian companies have developed world-class capabilities in many industry sectors, including infrastructure, power, oil and gas, mining, information technology, environmental technologies and skills training. Most recently, several Canadian companies have invested in mining and engineering projects in Panama.
EDC is Canada's export credit agency, offering innovative commercial solutions to help Canadian exporters and investors expand their international business. EDC's knowledge and partnerships are used by 7,000 Canadian companies and their global customers in up to 200 markets worldwide each year. EDC is financially self-sustaining and is a recognized leader in financial reporting, economic analysis and human resource management.
For further information: Media contact: Phil Taylor, Public Affairs, Export Development Canada, (613) 598-2904, firstname.lastname@example.org