Construction projects for water treatment plants, and extensions to the Metro and the airport, are works that will considerably increase demand for electricity in the coming years. According to the National Interconnected System Plan 2017-2031, construction of several water purification plants in different areas around the country will increase demand for electricity, as they are […]
The Agricultural Development Bank has $14 million to use for financing the purchase of livestock and bulls created through artificial insemination, with an interest rate of 2%, a term of 15 years and with collateral. The Ministry of Agricultural Development (MIDA) reported that the goal of this financing is to repopulate male and female livestocks, […]
United Hatzalah received an award from the Panama Homefront Command on February 5, 2018, honoring the lifesaving aid the Israeli voluntary first-response organization has helped provide to the small Central American country in recent years. President and Founder of United Hatzalah Eli Beer accepted the award, presented by José Donderis, chief of SINAPROC, Panama’s response […]
The company would be willing to charge the lodging tax in Panama if the restrictions on the rental of real estate for tourism purposes were eliminated, and if the data on property owners was protected. These are the conditions that representatives of the property rental platform proposed to the Panamanian government to begin negotiating the […]
The interactive system “Construction in Central America“, compiled by the Business Intelligence Unit at CentralAmericaData, includes an up to date list of public and private construction projects that are planned to be built in the region. Detail of some of the Environmental Impact Studies recently presented: Lucero Homes Corp. submitted an EIA to condition 260 […]
Opposition on the part of a port operator and residents in the area is preventing the development of a terminal that would speed up maritime traffic in the Panamanian Pacific and result in lower logistics costs. The opposition that has been expressed by the current operator of the port of Balboa, on top of the […]
Plan to sell off panama’s ‘crown jewel’ of protected areas has world worried about similar schemes elsewhere. Debate has erupted over a development plan for Panama’s Coiba National Park — a World Heritage Site. Critics are worried it could unleash harmful development and be a bellwether for plans to degrade and damage other protected areas around […]
Great news for this part of Panama. China Railway International Group and Constructora Urbana are the two companies that submitted their proposals in the tender to renovate 98 kilometers of roads in Chiriqui and Bocas del Toro, Panama. The companies that submitted offers were Consorcio de Vías y Puentes del Istmo (China Railway International Group), with […]
Representatives from the Panama Canal, led by Administrator Jorge L. Quijano, hosted executives from U.S. LNG exporter Cheniere Energy, Inc. to discuss the waterway’s growing LNG vessel segment and opportunities for future growth. With LNG emerging as its newest and fastest-growing segment, the Panama Canal has worked closely with shippers as part of an ongoing […]
The head of the office of the State Council for Chinese Diaspora Affairs, Qiu Yuanping, assured that the establishment of relations with Panama was the most important diplomatic achievement in 2017. In a press reléase, the Panamanian foreign ministry referred the evaluation took place during the meeting between President Juan Carlos Varela and the […]