The Government has launched an aggressive plan top promote investments in two areas of most interest to tourism: the former U.S.  Base in Sherman, in the Caribbean and Amador, on the banks of the Canal on the Pacific side.  The list of opportunities is quite extensive.

Authorities in Panama have set in motion an ambitious plan to attract investment in two areas of most interest to tourism: the old Sherman U.S. military base in the Caribbean and in Amador on the Pacific, in the capital. They also announced that tenders will soon be released.

Investment opportunities in Sherman “will come in the form of tenders to be released in the coming weeks,” the agency EFE said to the Executive Secretary at the Administrative Unit Reverted Properties (UABR), Juan CarlosOrillac, according to a publication on Prensa. com.

The Spanish consulting firm C4T has conducted the relevant studies, Orillac said.

“The exploitation of the beautiful beaches of Sherman offers the industry the chance to construct of six ecotourist hotels, yacht marinas, cultural centers, eight housing cores and recreation centers. Regarding Amador, Spanish consultants have already submitted a preliminary draft and in the coming weeks and will present their final report, in this case an update of the Tourism Development Plan prepared in 1996, said Orillac ” reported Prensa.com.

Source: Prensa.com