Growing by 10% a year, what Panama is currently doing is energy intensive, meaning that the demand for rental generators is constantly growing. This is another business opportunity here in Panama.

Project developers, subcontractors and promoters of artistic events require power permanently and this is where companies that rent electricity generators come in, providing a compliment to the traditional distribution system.

One of the international companies operating in this sector is the Scottish firm Aggreko, which established its regional headquarters in Panama as well as its hub (operations center). It began operations in 2005 providing power to Bocas Fruit Company and in 2009, the government hired 100 MW to cope with possible energy shortages , reported Capital.com.pa.

Aggreko is building its new regional hub and training center in Howard, in the Panama-Pacific Special Zone with an investment between $2 million to $3 million. It will have an approximate area of 11,000 m2 and will be completed by the end of the year.

Source: Capital.com.pa