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panama-pacifico.com
The agreement was signed with London & Regional, developer of the project, which is located in the former U.S. Howard air base.
A London & Regional press release explained that what is intended is "to start expansion projects for its multiple products and services in technology, allowing them to guarantee efficiency and increasing of value of the company in Panamá Pacífico".
According to a Pa-Digital.com.pa, there are already 14 multinational companies in the project, including "Dell Panama, 3M, Caterpillar (U.S.), I.P. Leather Corp. (Italy) and River Latinoamérica Industrial (España)", plus 8 Panamanian companies.
Source: laestrella.com.pa
More on this topic
August 2010
In the next five years, London & Regional, the company in charge of the master planned development (MPD) will manage $345 million worth of works.
Olmedo Alfaro, general administrator of the Panama-Pacifico Special Economic Area Agency (AEP), highlighted that, “in these five years, more than $300 million will be invested representing a switch from the planning to operational phase for Panama-Pacifico”.
June 2009
The telecommunications transnational is interested in operating in Costa Rica and it could invest $400 million in infrastructure.
According to Pa-digital.com.pa, Jorge Nicolau, president and manager of Cable & Wireless Panama, indicated that "the guarantee, the efficiency, and the experience of its platform in Panama and in other countries place them as one of the main candidates to reach the more than 4.5 million Costa Ricans."
August 2010
Green Ivory will establish new offices in Panama Pacifico, where they plan to complement their button-making enterprise
Heirs to a rich manufacturing tradition that began during the first decade of last century, Green Ivory is a leading producer of buttons of all styles and colors.
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.
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