Offers to Build a Free Zone in Tocumen


News from Panama

Between $ 13.5 million and $ 14.1 million is the range of the five proposals for the first phase of construction of a 35 hectare free zone in the grounds of Tocumen International Airport. Five companies submitted their technical and economic proposals: Ingeniería PC: $14,134,262 Levantina Ingeniería y Construcción: $14,156,483 Mota-Engil Engenharia e Construcao S.A. […]

May 16, 2018

Panama: Public Spending Up 30%


News from Panama

In the first quarter of this year, total expenses of the Non-Financial Public Sector increased by 30% with respect to the same period in 2017, mainly explained by an increase in current expenditure. From a statement issued by the Ministry of Economy and Finance: May 9, 2018. Total revenues of the Central Government (CG) were […]

May 16, 2018

Venkaiah Naidu meets Panamanian President Juan Rodrigues, discusses bilateral ties


News from Panama

Vice President M Venkaiah Naidu has underlined Panama’s strategic significance to India as he met Panamanian President Juan  Carlos Varela Rodrigues and discussed bilateral cooperation in agriculture, trade, health, culture and education. During their talks yesterday, he also sought Panama’s support for India’s candidature to the Human Rights Council (HRC) for the term 2019-2021 and […]

May 16, 2018

Have $1 billion to invest?


News from Panama

Geoffrey McRae of Gateway to South America sent me this article from The Economic Times.  While not everyone has $1 Billion to invest, any investment in Ag land with production capabilities will be a wise one for future years. For a man with information on prime properties across the globe, Lord Andrew Hay can separate […]

May 16, 2018

Panama: Ambitious Plan for Amador


News from Panama

I love Naos and what it has to offer.  There will be more to come for this exciting corridor with the new plans the government is rolling out.  Great investment opportunities too. The updated plan to develop the Amador Causeway proposes taking advantage of the stretch between the Biomuseo and Naos Island, and building recreational […]

May 16, 2018

Norwegian Bliss Sets Panama Canal Record


News from Panama

This is a beautiful ship and the crossing must have been epic!  I drilled down into their web site for the adventures that they offer and included the information at the end of this post. Careful watching the video, you may get hooked on a cruise this summer. A 168,028-ton Norwegian Cruise Line ship traveled […]

May 15, 2018