Applications to Build in Panama Increase

The Department of Planning and Permits received 407 applications in January and February, 52 more than during the same period last year.

Wednesday, April 1, 2009

Of the 407 applications received, 121 were approved in January and 99 in February.

Panamá América reported on its website: "The statistics of the municipal Department of Planning and Permits detailed that there were 121 approvals in January and 99 that were completed in February. The investment in these two months was 273.2 million Balboas."

More on this topic

Panama: $1.3 Billion in New Construction

September 2017

Between January and July the value of new construction, additions and repairs totaled $1.3 billion, almost 33% more than in the same period in 2016.

Although builders have complained about the high costs of materials and labor, and the bureaucracy they face when processing projects, new construction continues to grow.

Costa Rica: Construction Figures up to March 2016

April 2016

The total square meters of construction registered during the first three months of the year was up 15% compared to the same period in 2015, driven by residential construction.

From a statement issued by the Association of Engineers and Architects of Costa Rica (CFIA):

The CFIA notes that if this trend continues, the year could close with more than 10 million square meters having been processed.

Proposal for Act to Streamline Building Permits

May 2013

A proposal by the Salvadoran Chamber of the Construction Industry aims to lower from two years to six months the time taken to obtain the necessary construction permits.

According to Carlos José Guerrero, president of the Salvadoran Chamber of the Construction Industry (Casalco) preparations have been made for the Act to Streamline Procedures for Building Permits which will be sent to Congress in the next few days.

$918 million in Approved Building Permits

September 2012

In the first seven months of the year the value of approved construction projects amounted to $918 million, 45.3% more than in the same period last year.

This July alone, the total approved exceeded $151 million, representing a 140% increase compared to July 2011.

Of the total number of permits approved $705 million worth was for projects to be developed in the capital, being mostly non-residential.

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