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Panama’s Ministry of Public Works (@MOPdePanama), just released the specifications for the selection of the company to construct the fourth Panama Canal Bridge. Only six pre-selected companies from the following countries may apply for the project: China, Korea, Italy, Spain and Brazil. The proposals are expected to be turned in by mid January 2017. A…
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Big news from Panama: a whopping $603 Million Dollars have been tendered and awarded by the Ministry of Public Works (@MOPdePanama), including some major road improvements on the Pan American Highway in the Darien, Chiriqui, Veraguas provinces and the Ngäbe Buglé community. Another big work, called “Trabajando por tu barrio” (“Working for your neighborhood”), has…
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The Amador Panama Causeway is by far one of Panama City’s most iconic neighborhoods, but up until now it’s been plagued by traffic issues, poor oversight, and general abandonment. But the tide seems to be changing for this chain of connected islands in Panama City, with a government commitment to the tune of nearly half…
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What has happened in the months following the “Panama Papers” scandal broke? The way a country responds to bad PR is often a great indicator of its sustainability, and so far Panama seems to have the backbone to recover, yet is still reeling from the punch. For starters, there’s been a spate of good news recently. The biggest news of…
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With the Panama Papers, the Wakid money laundering scandal and some bad press all around, it’s a relief to see this week’s report that Panama’s economy is still one of the strongest performing in the region. According to the Ministry of Economy and Finance, GDP growth numbers are once again in the very healthy mid…
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EnglishOwning a home is a keystone of wealth… both financial affluence and emotional security.
