Landslide election victory in Panama for Ricardo Martinelli
May 4, 2009The win by Martinelli, of the opposition Alliance for Change, marks a rare center-right election triumph in a region that has seen a wave of leftist leaders.
Electoral Tribunal President Erasmo Pinilla called Martinelli the "indisputable winner" after preliminary results Sunday showed him with 61 percent support and ruling-party candidate Balbina Herrera with 37 percent.
In a parallel parliamentary vote on Sunday, Herrera's PRD appears to have won a majority in the 71-seat Congress, creating an opposition that could complicate Martinelli's rule.
Martinelli, who owns Panama's largest supermarket chain, said he would work for a national unity government.
"We can't continue to have a country where 40 percent of Panamanians are poor," he said in a victory speech.
His win means that Martinelli will get to oversee a massive 5.25-billion-dollar (3.94 billion euros) project to expand the congested Panama Canal.
The 80-kilometer inter-oceanic waterway handles an estimated five percent of world trade, and most of the trade in goods between China and the east coast of the United States.