jobs Employment job creation Labor and Workforce Development Ministery (Panama) free zone free zone trade free trade zone Employment Statistics work Dean García Economics Panama Canal The Nicaraguan Apparel & Textile Manufacturers Association The Panama-Pacifico Special Economic Area Agency Widening of the Panama Canal

Panama: 21,000 New Jobs for 2014

A study by the Labor Ministry concluded that the economy will generate 21,000 new jobs in the next four years.

Tuesday, July 6, 2010

The two main areas will be the Panama Canal Expansion and the Howard special economic area (Panama Pacifico).

"Last week, President Ricardo Martinelli stated that Howard would generate 25,000 jobs", noted Prensa.com.

The study also revealed that outside of the provinces of Panama and Colon, most people work in industries related to agriculture and livestock breeding.

Source: Prensa.com

¿Busca soluciones de inteligencia comercial para su empresa?

Key entities

Labor and Workforce Development Ministery (Panama) The Panama-Pacifico Special Economic Area Agency Zona Libre de Howard

Countries

Panama

Places

Panama Canal

Insight

job creation jobs Widening of the Panama Canal Panama Canal free zone free zone trade Employment

Work for Foreigners in Panama

May 2012

Colombian, Venezuelan, Nicaraguan, Dominican and Spanish are among the nationalities of the immigrants who are coming to Panama to work.

Economic growth in Panama and the works of a series of large projects have raised the interest of foreigners who come to work in the country.

Companies Continue to Arrive at Howard

June 2011

BASF and Unilever are two of the companies that have recently joined the list of businesses that are operating in the Panama Pacific Special Economic Area.

Some 80 multinationals are currently operating in the Panama Pacific Special Economic Area (AEPP) and this figure is expected to continue rising, as is the number of new jobs.

Panamá Pacífico Development Underway

August 2009

$65 million have already been invested in the former Howard Air Base.

Henry Kardonski is the CEO of London & Regional Panamá, developer of the project. He assured that by the end of 2009, over $100 million will be invested, 15% of the targeted $705 million.

Work on the industrial business park is expected to be finished this month, with 10.000 m2 of office space and 21.000 m2 of warehouses.

Labor Contracts in Panama Increase

February 2009

As reported by the Department of Labor, in January of 2009, 20,573 new contracts were registered, 21.7% more than the same period of year 2008.

Orlando Carpintero writes in Prensa.com: "The growth was seen in the three types of contracts for which records are kept: For specific projects, there were 2,540 new contracts more than in January of 2008; for defined time frame contracts, 269 more; and, in the open contracts segment, 859 more."