Archive | News from Panama

gas plant

Operations Postponed at 670 MW Gas Plant

Panama NG Power has been given authorization to postpone until 2020 the start-up of operations of the natural gas-based generation plant to be built in Cristóbal, in the province of Colón. The energy supply contracts signed between Panama NG Power and the energy distributors Edemet, Ensa and Edechi were modified so that the start-up of […]

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Panama Registry opens three new technical offices

The new offices will be operational from 17 October, 2017, and will strengthen the Registry’s presence in Europe and in Asia. “The new SEGUMAR offices bring a closer relationship with international clients with the option of directly accessing the services offered in real time, with advice through personalised consultation, in strategic locations for the register,” […]

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road constuction

Road Works Awarded for $89 million

The consortium formed by Italy’s Astaldi and MCM Global has been awarded a contract to renovate and expand the Omar Torrijos highway in Panama to four lanes. The Ministry of Public Works selected the consortium made up of the companies Astaldi and MCM, after receiving three proposals in the tender for the “Design and Construction […]

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Tender Being Prepared for Logistics Zone in Tocumen

In January 2018, the first stage of the new cargo logistics zone of the Panama City International Airport will be tendered, which will require an investment of approximately $12 million. Carlos Duboy, manager of Tocumen S.A., explained to that “ … the project includes a logistics area and a free zone. It will be divided into […]

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Construction: The Most Important Projects in Panama

Details of the ten most valuable construction projects in terms of investment, for which environmental impact studies were submitted in the last twelve months. Of the 10 most important construction projects for which Environmental Impact Studies were submitted to the Ministry of the Environment between August 2016 and July 2017, four are to be developed […]

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Corruption as a Habit

Proportion of people who have paid a bribe in the last year to access a public service: in Panama 38%, in Honduras 33%, in El Salvador 31%, in Nicaragua 30%, in Guatemala 28% and in Costa Rica, 24%. EDITORIAL The report “People and Corruption: Latin America and the Caribbean”, prepared by Transparency International, shows how […]

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What and How to Sell to China

Tropical fruits and coffee are two of the products with opportunities in a market with great potential for growth, but challenging at the same time for Central American entrepreneurs. Former Costa Rican ambassador to China, Marco Vinicio Ruiz, shared his experience with a group of Panamanian entrepreneurs in a forum organized by the National Council […]

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