{"id":21225,"date":"2017-10-10T09:18:20","date_gmt":"2017-10-10T14:18:20","guid":{"rendered":"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/?p=21225"},"modified":"2017-10-10T09:18:20","modified_gmt":"2017-10-10T14:18:20","slug":"panama-1-5-billion-new-construction","status":"publish","type":"post","link":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/panama-1-5-billion-new-construction\/","title":{"rendered":"Panama: $1.5 Billion in New Construction"},"content":{"rendered":"

\"\"<\/a><\/p>\n

In the first eight months of the year, the value of construction permits, additions and repairs totaled $1,502 million, 28% more than in the same period in 2016.<\/p>\n

The most recent as figures from the Comptroller General’s Office detail that the value of new\u00a0construction, additions and repairs reported between January and August exceeded $1.5 billion, 28% more than the $1,173,000 recorded in the same period in 2016.<\/p>\n

See also: What Will be Built in Central America?<\/p>\n

Leading the figures is Panama, with $1,081 million, followed by David, Santiago, Chitr\u00e9, Aguadulce and La Chorrera, with $202 million.<\/p>\n

Regarding the type of construction, permits for new constructions, additions and repairs were registered for $929 million in residential projects, and $572 million in non-residential projects.<\/p>\n

Most residential and non-residential projects were concentrated in the province of Panama, with $736 million and $345 million, respectively.<\/p>\n\n

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    In the first eight months of the year, the value of construction permits, additions and repairs totaled $1,502<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[10,12,247,241,39,248,34,33,62,42,219,11,249,243,7,246,244,44],"class_list":["post-21225","post","type-post","status-publish","format-standard","hentry","category-news-articles-panama-perpsective","tag-bocas-del-toro","tag-boquete","tag-boquete-boca-chica-real-estate","tag-boquete-real-estate","tag-buenaventura","tag-casco","tag-casco-antiguo","tag-casco-viejo","tag-coffee-in-panama","tag-estate-homes-in-panama","tag-move-to-panama","tag-offshore-real-estate","tag-panama-offshore-real-estate","tag-panama-papers","tag-panama-real-estate","tag-relocate-to-panama","tag-rum-in-panama","tag-travel-to-panama"],"yoast_head":"\nPanama: $1.5 Billion in New Construction - Blog and 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