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Panama: Country and Foreign Investment

Geography

TThe Republic of Panama straddles the Isthmus of Panama in Central America, between the Caribbean Sea and the north Pacific Ocean. The two land borders are with Costa Rica to the northeast and Colombia to the southwest. The land area totals 75,990 sq. km and the capital is Panama City. The Panama Canal connects the Pacific Ocean to the Atlantic Ocean, via the Caribbean Sea.

The topography is varied; there are mountains towards the Caribbean coast, while small hills and plains lie towards the Pacific side. The climate is tropical with prolonged rain between May and January. There is a brief dry season between January and May. The highest point is Volcán Barú at 3,475m. Panama's natural resources include copper among other minerals, mahogany forests and fish.

Panama's international airport in connected to most major world cities by many international carriers. The two ports, Balboa and Cristobál, are at either end of the canal. The time zone is 5 hours behind GMT (i.e. US Eastern Time).

 

 

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