C&W Joins Panamá Pacífico

Cable & Wireless Panama formalized its participation in the Panamá Pacífico Project.

Friday, July 24, 2009

The agreement was signed with London & Regional, developer of the project, which is located in the former U.S. Howard air base.

A London & Regional press release explained that what is intended is "to start expansion projects for its multiple products and services in technology, allowing them to guarantee efficiency and increasing of value of the company in Panamá Pacífico".

According to a Pa-Digital.com.pa, there are already 14 multinational companies in the project, including "Dell Panama, 3M, Caterpillar (U.S.), I.P. Leather Corp. (Italy) and River Latinoamérica Industrial (España)", plus 8 Panamanian companies.

More on this topic

5% of Cable & Wireless Shares

June 2012

The company is aiming to become the majority shareholder of the phone corporation by buying 5% of the shares being sold by the Panamanian government.

The partners of Cable & Wireless (C & W) are on the lookout for a possible sale of the government's shares in the company (49%), in order to acquire 5% more and thus become controlling shareholders with 54% of the company.

Panamá Pacífico to Invest $345 Million in 5 Years

August 2010

In the next five years, London & Regional, the company in charge of the master planned development (MPD) will manage $345 million worth of works.

Olmedo Alfaro, general administrator of the Panama-Pacifico Special Economic Area Agency (AEP), highlighted that, “in these five years, more than $300 million will be invested representing a switch from the planning to operational phase for Panama-Pacifico”.

Green Ivory to be established at Panama Pacifico

August 2010

Green Ivory will establish new offices in Panama Pacifico, where they plan to complement their button-making enterprise

Heirs to a rich manufacturing tradition that began during the first decade of last century, Green Ivory is a leading producer of buttons of all styles and colors.

Cable & Wireless Seek Entrance to Costa Rica

June 2009

The telecommunications transnational is interested in operating in Costa Rica and it could invest $400 million in infrastructure.

According to Pa-digital.com.pa, Jorge Nicolau, president and manager of Cable & Wireless Panama, indicated that "the guarantee, the efficiency, and the experience of its platform in Panama and in other countries place them as one of the main candidates to reach the more than 4.5 million Costa Ricans."

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London & Regional Panamá

London & Regional Panama is the master developer of the former Howard air base in Panama, now called PANAMA PACIFICO. Panama Pacifico, a mixed-use, business, residential and recreational center, will be created over 40 years by renowned developer London & Regional Panama in conjunction with the government of Panama. For those expanding business overseas, retiring in Latin America or simply visiting this beautiful locale, our sustainable, mixed-use business center and residential hub provides a balance of world-class amenities, infrastructure and services.
Operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama
Phone: (507) 316-3500

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