Del Monte banana banana exports banana production Agriculture & Food banana plantation Banana Farm Banana price Ministerio de la Presidencia (Panamá) Banapiña S.A. Cooperativa Bananera del Atlántico (Cobana) Álvaro Alemán Agricultural Development Ministry (Panama) Agroindustry Coosemupar

Another Proposal to Grow Bananas in Baru

The multinational Del Monte is now joined by Cooperativa Bananera del Atlántico, whose proposal to reactivate production of the fruit in the area would involve a total investment of $35 million.

Monday, May 16, 2016

The cooperative which already produces bananas in Changuinola presented to the Association of Agricultural Producers Rodolfo Aguilar Delgado (Aparad) a proposal to invest $20 thousand per hectare in order to revive banana production in the area which is currently owned by the former workers of Coosemupar.

Prensa.com reports that "...In a letter to Cobana, to which this newspaper had access, dated Sunday May 7, the management of Aparad agrees to lease land in order to revive banana production. "

See: "Del Monte Presents Contract for Bananas in Baru"

"... This proposal comes amid negotiations between the multinational Del Monte, the Government and another group of former employees of Coosemupar who, unlike Aparad, intend to sell their land for $7500. "

Source: Prensa.com