Panama NG Power has been given authorization to postpone until 2020 the start-up of operations of the natural gas-based generation plant to be built in Cristóbal, in the province of Colón. The energy supply contracts signed between Panama NG Power and the energy distributors Edemet, Ensa and Edechi were modified so that the start-up of […]
The new offices will be operational from 17 October, 2017, and will strengthen the Registry’s presence in Europe and in Asia. “The new SEGUMAR offices bring a closer relationship with international clients with the option of directly accessing the services offered in real time, with advice through personalised consultation, in strategic locations for the register,” […]
The consortium formed by Italy’s Astaldi and MCM Global has been awarded a contract to renovate and expand the Omar Torrijos highway in Panama to four lanes. The Ministry of Public Works selected the consortium made up of the companies Astaldi and MCM, after receiving three proposals in the tender for the “Design and Construction […]
In January 2018, the first stage of the new cargo logistics zone of the Panama City International Airport will be tendered, which will require an investment of approximately $12 million. Carlos Duboy, manager of Tocumen S.A., explained to Prensa.com that “ … the project includes a logistics area and a free zone. It will be divided into […]
Details of the ten most valuable construction projects in terms of investment, for which environmental impact studies were submitted in the last twelve months. Of the 10 most important construction projects for which Environmental Impact Studies were submitted to the Ministry of the Environment between August 2016 and July 2017, four are to be developed […]
Proportion of people who have paid a bribe in the last year to access a public service: in Panama 38%, in Honduras 33%, in El Salvador 31%, in Nicaragua 30%, in Guatemala 28% and in Costa Rica, 24%. EDITORIAL The report “People and Corruption: Latin America and the Caribbean”, prepared by Transparency International, shows how […]
Tropical fruits and coffee are two of the products with opportunities in a market with great potential for growth, but challenging at the same time for Central American entrepreneurs. Former Costa Rican ambassador to China, Marco Vinicio Ruiz, shared his experience with a group of Panamanian entrepreneurs in a forum organized by the National Council […]
In the view of the OECD, “the country depends to a large extent on a few sectors, such as construction, the financial sector and the Panama Canal, which will be insufficient to support greater socio-economic progress and greater inclusion.” The “Multidimensional Study of Panama,” produced by the Organization for Economic Co-operation and Development (OECD), concludes […]
From 2015 to date, $393 million worth of contracts have been awarded in Panama for various renovations and constructions of public schools. Data from the CentralAmericaData’s information system on “Public Procurement in Central America” shows that from 2015 to date the Ministry of Education in Panama launched 1,063 tenders, of which 450 have been awarded […]
Oktoberfest arrived again in Boquete last week. The local ladies strutted their stuff and worked hard to make everyone happy along with many other volunteers. Here is a thank you message from the organizers and sponsors: We are very happy and proud, we were able to bring this new and unique experience to our community. […]