Government of Panama to invest $5 million in airports

The government will invest in improving the infrastructure of four aiports in the capital and interior of the country within the next six months, an official source reported today.

Tuesday, October 14, 2008

The airports are the Bocas del Toro airport in the province with the same name, the El Real Santamaria airport in Darien, the Puerto Obaldia airport in the Kuna Yala indigenous region and the Marcos A. Gelabert airport in the capital city, a press release from the Civil Aviation Authority said.

More on this topic

Entrepreneurs Interested in Tourist Areas in Panama

March 2013

U.S. investors have visited the Torio de Veraguas sector, located in the District of Mariato, looking for business in the tourism sector.

Entrepreneurs want to find out firsthand about the tourism potential of this area, which is located 60 minutes from the city of Santiago in Panama.

Unilever to Install Regional Office in Panama

July 2011

With an investment of $2.5 million, the multinational will serve Central America and the Andean region from an office in Panama.

President of the Andean Region and Central America at Unilever, Fernando Acosta, told the press that the company has not ruled out expanding its investments in the country in the near future, such as opening new service centers and factories.

$6 million investment for Panama airport

January 2009

The tender for the improvement project at the Marcos A. Gelabert Airport at Albrook will be opened next week.

Gregorio Montecer, advisory at the Civil Aeronautics Authority, reported.

Martesfinanciero.com reports "The investment will be $2 million by the State while the private sector will invest an additional $4 million in the construction of hangars.

Panama is the main destination for Spanish investors

September 2008

Panama is the main receptor of Spanish investments in Central America and projections indicate that this will continue to increase.

Panama has not escaped the expansion of Spanish capital. Based on figures provided by the Official Spanish Chamber of Commerce in Panama, investments have surpassed $317 million, and are headed by Unión FENOSA, Telefónica and the BBVA.

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