Last Lot in Panamonte Estates !


News from Panama

We are proud to announce that the owners of Lot 22 have given us an exclusive listing to sell the last lot available in Panamonte Estates.  We live in a home that we built on Lot 11 and we are currently undertaking the project management for the home being built on another lot here. Lot […]

April 20, 2017

Expansion of Colon Free Zone


News from Panama

The purpose of the multimodal logistics center now under construction is to connect the primary customs zone with the Colon area under the same tax regime, and the commercial areas of Coco Solo and Coco Solito. The construction, being carried out by Constructora Urbana (Cusa SA) must be completed in 18 months. The project consists of […]

April 19, 2017

Panama: Tender of 300 MW Being Prepared


News from Panama

After suspending two power supply contracts with Bocas del Toro Energía and Coal Power, Etesa has announced that before the end of the year it will hire other generators to supply the 300 MW. The contract with Bocas del Toro Energía, which included the Brazilian company Odebrecht, was canceled by mutual agreement, after the revelation […]

April 19, 2017

Progress in Free Zone in Tocumen


News from Panama

An announcement has been made that in July the first licenses are expected to be granted to operate in the free zone which is being built in Tocumen and which will be ready within 18 months. The general manager of Tocumen, Joseph Fidanque III, explained to Prensa.com that there are already twelve companies interested in […]

April 18, 2017

Panama: Investment in Fuel Terminal


News from Panama

The consortium FCC and Felguera IHI won the contract to build an oil storage terminal belonging to the Dutch company Vopak in Bahia Las Minas, province of Colon. From a statement issued by FCC Construction: The new terminal will be located next to the existing Chevron terminal of 509,000  mbc (thousand of barrels of crude) […]

April 18, 2017

$100 million Works Announced in East Panama


News from Panama

The government plans to allocate resources to remodel schools, and the construction of an aqueduct, a health center and a sports complex in the eastern area of the province of Panama. Furthermore it was also announced that on April 18 a tender will be launched for the extension of the hydraulic ring road towards this […]

April 18, 2017

To battle coffee rust losses, farm mechanization is making rehabilitation affordable for co-ops


News from Panama

Tucked into the slopes of the San Salvador volcano lies the Jabali Cooperative, a sprawling coffee farm known for its Fairtrade-certified coffee. Established in 1980, this 121-member cooperative has been producing high-altitude, organic coffee in El Salvador for generations. When coffee rust began affecting the crop in 2011 and 2012, nobody could have predicted that […]

April 18, 2017

Panama: Stock Market Figures up to March 2017


News from Panama

Of the total volume traded on the stock market in the first quarter, 55% were in the primary market, 29% in the secondary and the remainder were repurchases. “The most traded instruments in the primary market were corporate bonds-notes and negotiable commercial securities for $338.9 million, followed by Bonds and Treasury Bills for $228.8 million,” […]

April 18, 2017