The Panamanian Government proposes to build in its country, a UN Regional Centre for Latin America and the Caribbean.
Construction of the UN regional center in Panama will cost an estimated $38 million.
The Vice President and Foreign Minister, Juan Carlos Varela, presented the project to the Corporación Andina de Fomento (CAF) and requested that support be provided for full funding of the initiative which will strengthen the capacity of the United Nations in the region.
Avalon, who develops management systems for retail companies, will start operating in April.
Luis Miguel Trujillo Cano, CEO of Avalon, told newspaper Prensalibre.com the company’s plans in Guatemala.
“Why did you choose Guatemala for the company headquarters?
Guatemala is very well connected with all the Central American countries, as well as with Mexico and Spain, countries in which we have support and commercial offices”.