Panama Prepares to Resume Construction

After five months of having paralyzed the construction in the country because of the pandemic caused by the covid-19 outbreak, the authorities are planning to reactivate the activities of the sector next September 7th.

Wednesday, September 2, 2020

In mid-August, the Ministry of Health gave the go-ahead to reactivate 27 road infrastructure projects nationwide. The remaining public and private projects will be able to restart their activities on September 7.

You may be interested in "Road Infrastructure: $4.3 Billion in New Projects"

Ramón Martinez, Minister of Commerce and Industry, explained that the opening of the construction sector will be gradual and everything will depend on the private sector, financing and the progress of the works. reviews that "... This week is very important to adapt ourselves with all the protocols and in the projects that are going to open and in that way make a much more effective and safe opening', expressed Martinez in the news of TVN."

This reopening takes place after the Cabinet Council endorsed the Updated National-Provincial Reopening Plan, which is based on biosecurity indicators and the effective reproduction rate of covid-19 cases, and contemplates to start reopening productive activities from September 7th.

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More on this topic

Economic Reactivation: Proposals to Shorten Deadlines

August 2020

After five months of restrictions on productive activities, the Panamanian business sector proposes to shorten the dates of the "Updated Plan for National-Provincial Reopening" and to set that schedule in September.

For the Chamber of Commerce, Industry and Agriculture of Panama (CCIAP), the country is not only experiencing a health pandemic, it is also in the midst of a socio-economic crisis that has affected businesses, the labor market and the State's revenues. Currently, there are activities that cannot go on for another week without operating.

Economic Reopening: Plan for Panama

August 2020

The Cabinet Council endorsed the updated National-Provincial Reopening Plan, which is based on biosafety indicators and the effective reproduction rate of covid-19 cases, and contemplates starting to reopen productive activities as of September 7.

Following the implementation of this plan, the construction industry and related activities (engineers, architects, project managers, contractors, moving and hauling services), the Panama Pacifico Special Economic Area, the Colon Free Zone and free zones, private marinas and sport fishing, as well as tailors and dressmakers, shoe shops and car wash will reopen in the country on September 7.

Economic Reopening: Optimism and Fears

August 2020

After the reopening phases that were supposed to be applied in El Salvador were declared unconstitutional and the restrictions to economic activities were removed, businessmen receive the news with optimism, but fear that some businesses have closed down because of the crisis.

Since March, when the first cases of covid-19 began to be registered in the country, the administration headed by Nayib Bukele decided to subject the country to a strict home quarantine.

Economic Reopening: Phase 2 to Begin on August 20

July 2020

After authorities suspended the start of Phase 2 on two occasions, the government of El Salvador announced that the second phase of the economic reopening plan would begin on August 20.

July 19 was the second time that the entry into force of this Phase was postponed, as it was initially planned to begin the second stage of the economic reopening process as of July 7, which contemplates the reactivation of the plastic, paper, cardboard and footwear industries, in addition to call centers, restaurants and public transportation.

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