Panama: $60 million Housing Project

An Environmental Impact Study has been submitted to build a residential complex consisting of 3,222 social housing units in La Chorrera, in Panama West.

Friday, September 2, 2016

The Environmental Impact Assessment (EIA) submitted to the Ministry of Environment in June 2016 by the developer Mac Instruments Industry Inc., indicated that the project is called "Altos de La Pradera" and will be located in the village of Playa Leone, district of La Chorrera, Panama West province.

The project involves the construction of three thousand two hundred twenty-two (3,222) housing units, which will have 2 bedrooms, a living room, porch, 1 bathroom, kitchen and laundry room.

The Altos de La Pradera development covers an area of 100 hectares and the estimated budget for this project is US $60,000,000.

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