Panama: Construction Permits Suspended


News from Panama / Tuesday, October 10th, 2017

The National Civil Protection System has recommended suspending permits for new real estate projects in San Miguelito and Panama, until the real impact of urban growth seen in the area has been determined.
Due to increased incidents such as landslides and floods in Condado del Rey and surrounding areas, Panama’s National Civil Protection System (Sinaproc) has recommended that municipal authorities suspend permits for new developments until “a comprehensive analysis of the impact of new real estate projects” has been made.

See also “Central America: $265 Million in Residential Projects”

Ricardo Sanchez, municipal engineer of San Miguelito, explained to Prensa.com that “… they are aware of the Sinaproc warning and, as a result, they have reduced approval of permits for Condado del Rey. In regards to why they have not suspended permits for new works, he said that they are seeking a consensus with representatives of the town. The municipality of Panama has already suspended new construction permits.”

See also “Panama: $1.3 Billion in New Construction”

“… The Residents Association of Condado del Rey reported that there are plans to build 25 more tower blocks in that area, which correspond to Panama and San Miguelito.”

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