Hospital Infrastructure: $15 Million Tender


News from Panama

The Department of Health of Panama tenders the studies, designs and construction of the new health polycenter of Canto de Llano, in the district of Santiago, province of Veraguas. Panama Government Purchase 2018-0-12-0-09-LV-025344: “A new polycenter will be built in Canto del Llano and the existing health center will be totally demolished. The new polycenter […]

October 9, 2018

Fragile Legal Certainty


News from Panama

Adverse court decisions against companies, social and political conflicts and fiscal issues are some of the factors that are impeding the development of productive projects in Central American countries. One of the latest court decisions affecting companies with investments in the region was that of Minera Petaquilla, in Panama. The contract that this company had […]

October 9, 2018

Panama: Health System Modernization


News from Panama

Adapt the country’s sanitary norms to international standards and unify food import and export systems is part of the plan proposed by the Varela administration. In order to take advantage of commercial agreements and increase exports to the European and North American markets, the government is working to consolidate its health systems. The Panamanian Association […]

October 9, 2018

Better prospects on the economic horizon


News from Panama

“Despite temporarily slowing in 2018, the Panamanian economy is poised for a rebound in the near term and will remain among the most dynamic in Latin America.” What the International Monetary Fund (IMF) said about the slowdown suffered by Panama’s economy is not a surprise, considering what the indicators have been showing over the past […]

October 9, 2018

Panama: Increasing supply of apartments


News from Panama

At the end of the first half of 2018, the inventory of apartments in the country’s capital reached 17,871 units, 5% more than reported at the beginning of the year. At the end of the first half-year, the absorption of units of apartments built and in progress has decreased, from 92.3% to 87.4% in the […]

October 9, 2018

Three proposals to extend Metro Line 2


News from Panama

Acciona Construccion and the Consortia Linea Aeropuerto and Linea 2 Ramal presented their proposals to design and build the branch that will connect the future Instituto Tecnico Superior del Este with the Tocumen international airport. The contract contemplates the design engineering services, construction of civil works, auxiliary line installations and stations, and interfaces with the […]

October 9, 2018

Jailed ex-president to contest Panama elections after primary win


News from Panama

Former Panama president Ricardo Martinelli will contest next year’s general election after topping the poll in his party’s primaries despite being jailed on corruption charges. Martinelli was one of the top-performing candidates in his right wing Cambio Democratico (Democratic Change) party, taking 44 percent of the votes in his constituency primary. “My greatest wish is […]

October 9, 2018

Panama Hosts ILO Regional Meeting


News from Panama

Representatives of governments, workers and employers from more than 35 countries in Latin America, the Caribbean, Canada and the United States are meeting for the first time in Panama on Tuesday to discuss the future of work. The 19th American Regional Meeting of the International Labor Organization (ILO), the first of its kind in Central […]

October 9, 2018