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Thursday, August 28 2014 @ 03:22 AM EDT

Panama Economy to Grow More Than 6% in 2010, Martinelli Says

MotorcyclesBy Andres R. Martinez and Jens Erik Gould (Bloomberg) -- Panamanian President Ricardo Martinelli said his nation’s economy may grow more than 6 percent this year as the government boosts spending on infrastructure projects. “We are very confident and happy with the aggressive investment plan,” Martinelli said in an interview today in Mexico City. “Security, low inflation and stability are helping Panama along. ”Panama aims to spend $20 billion during the next four years to build ports, expand its main airports and lure international companies to the Central American nation, Martinelli said. -- With assistance by Eric Sabo in Panama City, Panama. Editor: Bill Faries.
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