Panama: 5,000 Hectares of Banana Plantations Sold for $40 millionGovernment authorities have announced the sale of 5,600 hectares of banana plantations in Baru to a consortium of Panamanian investors.Tuesday, May 31, 2011
Without disclosing the company concerned, the Minister of Agricultural Development, Emilio Kieswetter said that they are involved in cultivating banana, pineapple and citrus fruit and palm oil. Source: Prensa.com ¿Busca soluciones de inteligencia comercial para su empresa?Chiquita Brands Wants to Return to PanamaJune 2013 Both Chiquita and Del Monte are participating in the auction of 3,100 acres that were part of the former grounds of the now defunt Coosemupar Loans for Palm Oil in PanamaFebruary 2012 Producers are taking out loans in order to expand plantations and production of palm oil in Chiriqui. Authorities Propose Mixed Company to Run CoosemuparJanuary 2010 The Agriculture Ministry of Panama proposed the creation of a mixed public-private to run the banana plantations in Barú. Panama: Banana Agreement with Fresh Del MonteApril 2009 IPACOOP selected the offer of $54 million by Del Monte for the rental of 3 thousand hectares from the COOSEMUPAR banana company for 25 years.
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