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Costa Rica lags while Panama surges to build new economy

Thursday, September 16, 2010


The gap in levels of investment in infrastructure has grown sharply between Costa Rica and Panama.

Despite Costa Rica’s efforts to open markets and its long-standing ability to harness foreign investment, it is losing ground rapidly because of an excess of red tape and the impotence of the Executive and the Legislature.

Panama has modernized its ports, expanded the Canal, updated its highways, and invested in hospitals, all at a heady pace set during only three years, using the development of projects by means of concessions.

Original source (in Spanish): La República