Panama: Improvement in Construction Figures Up to March 2017


News from Panama / Monday, May 8th, 2017

At the end of the first quarter, the value of new constructions, additions and repairs amounted to $567 million, 10% more than in the same period in 2016.

The value of new construction, additions and repairs recorded in March was $235 million, up from $165 million in March 2016.

See also: “What public infrastructure works are being built in Central America?”

The figures compiled by the Office of the Comptroller General detail that the value of new construction, additions and repairs in the first quarter of the year reached $567 million, led by the province of Panama, with $343 million.

Regarding the type of construction, new constructions, additions and repairs were registered for $273 million in residential projects, and $295 million in non-residential projects.

See statistics compiled by the Comptroller General. (In Spanish)