Panama: $194 million in Deals in Construction Fair

370 companies presented their real estate projects at the CAPAC Expohabitat fair and struck deals worth $194 million.

Friday, October 9, 2015

At the business conference held within the framework of the fair, which took place from 9 to 13 October, around 140 meetings took place between 80 domestic and foreign companies.

Diaadia.com.pa reports that "... Alejandro Ferrer, president of Fairs reported that the statistics department at CAPAC carried out a survey of a sample of about 6.000 people (20% of those who attended this event) and it was revealed that, 49% of those who attended, chose projects at the center of the city; 27% in the west and 9% in the east area of the province of Panama. "

Spokespeople for the Panamanian Chamber of Construction (Capac) reported that visitors to the event mostly showed preferences for vertical housing projects.



More on this topic

Panama: Housing Fair Deals Worth $200 million

September 2016

During the CAPAC Expohabitat fair about 1500 homes were sold and $200 million traded in mortgage transactions, which is 20% more than projected.

The Panamanian Chamber of Construction projected generating $175 million, but $220 million was eventually traded, 20% more than planned and 12% more than the results of the fair in 2015, when $194 million worth of deals were negotiated.

Expovivienda in Panama: $9 million Per Hour

May 2015

In the first two days of the real estate and construction fair deals worth $70 million were struck, mainly related to the sale of residences.

Authorities at the Panamanian Chamber of Construction expect the figure at the close of the event to be close to $150 million.

$300 million in Business Deals in Capac Expo Habitat 2013

September 2013

At the end of the construction exhibition held in Panama, there were 45,000 visitors and an increase of 10% in the amount of deals closed.

Prensa.com reports that "transactions in the order of $300 million and about 45 thousand visitors were achieved at Capac Expo Habitat 2013, said the organizers of the construction trade fair, which concluded yesterday at the ATLAPA convention center .

Expo Habitat in September 2013

March 2013

During the fair is estimated that deals will be made for over $250 million, and that there will be participation by companies from the USA, Canada, Spain and other European countries.

CAPAC Expo Habitat 2013 is the International Construction and Housing Fair organized every year by the Panamanian Chamber of Construction (CAPAC).

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