Concession For New Marina in Panama

Marina Vista Mar Group is to invest $6.5 million in the construction of a marina in La Ensenada de San Carlos with 150 berths.  

Wednesday, December 11, 2013

From a statement by the Cabinet of the Government of Panama :

"The Cabinet Council has approved a Cabinet Resolution which gives a favorable ruling on holding a Concession Agreement between THE STATE, through the Panama Maritime Authority (AMP) and the company MARINA VISTA MAR GROUP, S.A., which will invest 6.5 million dollars in it.

It is explained in the document that, according to the application filed by the company MARINA VISTA MAR GROUP, SA , the area will be used for the construction, use and operation of a marina capable of receiving 150 berths for boats between 40 and 120 feet, protected by a breakwater or compacted jetty.

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