"The investment portfolio of El Machetazo will add a restaurant franchise, after reaching an agreement with Pollo Tropical, based in Miami, to open locations in Brisas del Golf, Albrook Mall and Plaza Versailles," states the article in Prensa.com.
Venezuelan franchise Garzon invested $1.6 million in a store that is 200,000 m2 and that will generate 150 jobs.
The supermarket, which will compete with big chains such as El Rey, El Machetazo, Xtra, Riba Smith and 99, will be fully (100%) staffed by Panamanians.
The franchise was brought to Panama by businessman Javier Espinosa, current president of Garzon companies in the country, who indicated that they planning to make use of the license to open new branches in Central America.
With an investment of $6.8 million the multinational retailer will open a second store under the Maxi Despensa format in July.
In a 1,600 square meter area the works being carried out are now 70% complete.
"In terms of employment opportunities, on Monday June 4, Walmart held a job fair attended by about 3,000 people from Santa Ana, from these around 60 will be recruited for middle management positions, administration and operational areas as such as cashiers, sales, warehouse staff and others.
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