Construction Falls 9% in PanamaThe value of construction projects, additions and repairs reported between January and May 2016 fell by 9% compared to the same period in 2015.Friday, July 22, 2016
The district of San Miguelito was the area that recorded the greatest reduction in the value of construction in the first five months of the year, falling by 80% compared to the same period in 2015. At the other extreme is Colon, where there was an increase of 143%, followed by David, Santiago, Chitre, Aguadulce and La Chorrera. Receive information about our monthly report including a complete list of all the major and most important construction projects seeking government authorization. Request more information: January 2017 Following the trend seen in recent months, the value of construction, additions and repairs carried out up to November 2016 fell by 5% compared to the same month in 2015. November 2016 The total value of constructions, additions and repairs reported between January and September 2016 fell by 12% compared to the amount recorded in the same period in 2015. October 2016 The value of buildings, additions and repairs reported between January and August 2016 fell by 15% compared to the same period in 2015. May 2016 The value of construction in the first quarter fell by 10% compared to the same period in 2015, registering an increase of 13% in the value of residential construction and a drop of 26% in the non-residential category.
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