Article: Mexican billionaire Carlos Slim to invest in Panama

Mexican billionaire Carlos Slim to invest in Panama

PANAMA CITY, July 12 (Xinhua) -- Mexican billionaire Carlos Slim plans to invest in Panamanian infrastructure, energy and telecommunications projects, Panama's La Prensa newspaper said Thursday.

Slim will invest via infrastructure company Impulsora del Desarrolloy Empleo en America Latina (Ideal), which will invest 16.6 billion U.S. dollars in 57 projects, 45 percent of them in Panama, the newpaper said, citing a Bank of Mexico report.

"One of Ideal's subsidiaries, Cicsa Panama, has won the tender for ...

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