construction
New data released this week by the government illustrates the rapid pace of Panama’s economic recovery in the wake of the COVID pandemic. Economic activity jumped 13.5% in 2022 compared to the previous, reaching $76.5 billion, according to the report…
Read MoreConstruction has officially begun on a 50-hectare Ritz Carlton project on Las Perlas (Pearl Island), a private island 40 nautical miles from Panama City. The announcement was made by President Juan Carlos Varela, who stressed the importance of the investment…
Read MoreA 120-hectare container terminal project is moving forward on the Pacific side of the Panama Canal, another key component in developing Panama City as the “Logistics Hub of the Americas.” The Panama Canal Authority has issued a call for proposals…
Read MoreThe biggest convention center in Panama is coming to the Amador Causeway. And it’s going to provide a big boost to the local economy and the tourism market, experts agree. Work on the new convention center has started to move forward…
Read MoreOwning a home is a keystone of wealth… both financial affluence and emotional security.
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