Beer Boom in Panama
Multimillion dollar investments improving production plants and advertisements are showing excellent results.
Thursday, September 30, 2010
Between 2006 and 2010, beer production increased by 53 million liters annually. In the first 7 months of 2010, 131.5 million liters of beer were produced which means on average each Panamanian adult drinks 9.5 liters of beer per month.
A strategy focused on increasing competitiveness by reducing production costs and facilitating the creation of added value is what industrial enterprises have asked for.
Nicaraguan industry provides the greatest added value to its products and is the largest FDI recipient ($226.4 million in manufacturing, $114.3 million in mining, and $217.1 million in energy).
The Honduran Maquila Association, through its president Daniel Facussé, informed they will continue investing despite the political crisis.
The Corporación Industrial Centroamericana (Cornica) makes the investment to update its production facilities.
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