From El Panama America as reported by Don Winner: About $3.9 billion dollars will be invested over the next four years for the construction of 22 new sources of power generation in Panama. These projects will generate approximately 1,061 megawatts (MW) to be added to the current installed capacity of about 1.208 MW – which […]
La Estrella reported recently: The companies who will be building the expansion of the Panama Canal are about to kick of a recruitment drive to hire the necessary workforce. The project is expected to generate literally thousands of all different types of jobs. Specifically the “Grupo Unidos por el Canal” (Group United For The Canal) […]
March 24 (Bloomberg) — Panama will cut its public debt as a percentage of gross domestic product by 10 percentage points as the Panama Canal’s expansion boosts revenue and increased foreign investment generates royalties from mining, Finance Minister Alberto Vallarino said. The Central American nation plans to slash its obligations to 35 percent of GDP from 45 […]