Investors plan US$1.5 billion 'city on sea' in Panama

International investors plan to build a US$1.5 billion "city on the sea" in the Panamanian province of Veracruz.

Friday, May 9, 2008

The project, to be known as Panamarina Pacific, includes 231 buildings and 2,000 moorings. The buildings will be erected on a platform over the sea.
The consortium proposing the project includes includes investors from France, Spain and Argentina and is headed by the Argentine magnate Calos LLamas.

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Expo Invest Panama

May 2016

The Ministry of Commerce and Industry is organizing an event on June 9 to 11 which will bring together public and private sectors to explore investment opportunities.

The event is being presented as an opportunity to open the doors to investment in Latin America and the rest of the world, with Panama as a hub for regional and international business.

President Funes Announces Projects Worth $2.5 billion

May 2013

They include the modernization and expansion of the International Airport of El Salvador, the concession for Port of La Union, and the generation of 350 MW of energy, among other things.

From a press release issued by the Presidency of El Salvador:

The President, Mauricio Funes, called today for the creation of a solid alliance involving all of the country's sectors in order to achieve acceptable goals of economic growth, employment generation and equitable distribution of wealth.

ICA to build artificial islands in Panama

May 2008

ICA Panamá, the local unit of Mexico's leading constructor ICA, is planning the US$140 million development of two artificial islands off Punta Pacífica.

The project will require 4 million cubic meters of infill, equivalent to two of the Egyptian pyramids, said Diego Hernández, chief executive of ICA Panamá.

Nicaragua: Investors interested in western tourism

April 2008

The hospitality, security and the range of tourist attractions in the west of the country has piqued the interest of more than 20 investors from Europe, the United States and Central America who participated in the Tourism Forum called "Invest in Nicaragua: Explore New Horizons!"

The event, sponsored by Nicaragua's Official Agency of Investment Promotion, ProNicaragua, and the Cuenta Reto del Milenio, aims to highlight the potential of tourism of León and Chinadega. The goal is not only to develop new tourism projects but also to create strategic alliances with projects that are already in place.

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