Panama: $1.5 million for Banana Production

The government announced a contribution of $1.5 million to sustain banana production, commercialization and export.

Monday, July 27, 2009

Victor Manuel Pérez, Agricultural Development minister, made the announcement in a meeting with banana workers from the district of Barú.

The minister added, according to an article in Prensa.com: "... the government's proposal to save banana production, commercialization and export consists on the state contributing 50% of the capital, and the private companies the remaining 50%".



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Project to Reactivate Banana Production

October 2017

In Panama, $13 million were approved to sign lease agreements with landowners where Del Monte will reactivate banana production in Barú, Chiriquí.

With the disbursement approved by the Cabinet Council, part of the contracts to lease farms may be signed so that Banapiña, a subsidiary of Del Monte, can start the process reactivating banana production in Barú.

Chiquita Negotiates Banana Production in Panama

August 2013

The transnational wants to make an agreement for production with the owners of the 1,765 smallholdings in Baru which resulted from the liquidation of Coosemupar.

The former banana workers in the area obtained the aforementioned number of titles to the land individually and are looking for a revival of production and employment sources.

Authorities Propose Mixed Company to Run Coosemupar

January 2010

The Agriculture Ministry of Panama proposed the creation of a mixed public-private to run the banana plantations in Barú.

Both the Government and the interested company would invest $20 million.

"Roberto Santamaría, national Banana director, commented they are negotiating with several transnational corporations who are interested in the project.

Panama: 6 Proposals to Reactivate Coosemupar

November 2009

The name of the company that will invest in reactivating Coosemupar's banana plantations will be known before December.

The submitted proposals will be analyzed by Victor Pérez, Agriculture Development Minister, together with members of the Panamanian Autonomous Cooperative Institute.

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