Banana Production in Panama ReactivatedDel Monte will invest $100 million to produce bananas in Chiriqui and Bocas del Toro, and it is estimated that average productivity will reach 2,725 boxes of fruit per hectare per year.Thursday, December 1, 2016
From a statement issued by the Presidency of Panama: ¿Busca soluciones de inteligencia comercial para su empresa?Bananas: Details of a $100 million InvestmentApril 2017 Part of the $100 million that Del Monte will invest in reviving production in Chiriquí and Bocas del Toro will be used to build irrigation systems and infrastructure for packaging and exporting fruit. Reactivation of Banana Production in BaruOctober 2016 The draft contract with Del Monte establishes a period of 20 years, which is "extendable" and a minimum investment of $100 million over 7 years. Another Proposal to Grow Bananas in BaruMay 2016 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. Del Monte Presents Contract for Bananas in BaruApril 2016 The government is analyzing a proposal put forward by Del Monte to revive banana production in the area, which would involve an investment of $126 million on the part of the company.
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