$21 Million Investment in Panama Mall
Group 4M, the developer of the 60-space Chitré Lake Village Center, expects that the first phase will be ready in April of 2010.
Monday, June 15, 2009
Chains such as Grupo Rey, Arrocha pharmacies, McDonald's, Kentucky Fried Chicken, and the bank Banesco will be located in the shopping center. The project anticipates approximately 25,000 people per day in traffic.
Grupo Rey Holdings began the construction of a new supermarket in Chitré, the chain’s first one in the Azuero region.
Rey Holdings is planning to open three new stores in Panama in the next few years.
The Group opened its 39th supermarket in the country, located in the city of David, in Chiriquí.
The opening of the new Rey Centennial Supermarket marks the beginning of the expansion plans for 2011.
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