Panama: $16 Million for Biofuels

©image: monique

The project, directed by the Ministry of Agricultural Development (Mida), also includes activating an existing biodiesel plant.

"The existing machinery is worth $1 million, and was built by the state-owned Colombian Corporation of Agricultural Research", reported Prensa.com. "We will have to build the infrastructure where it will be located, and this would cost $600.000".

Source: Prensa.com

More on this topic

Embrapa Will Open Panamanian Headquarters

August 2009

Embrapa, a Brazilian agricultural research company, will install its regional headquarters in Panama.

The president of International Cooperation at Panama's Agricultural Development Ministry said that the presence of this company will boost feasibility studies for ethanol production.

Colombian Agriculture Ministry to build a biodiesel plant in El Salvador

April 2008

With the goal of strengthening and promoting cooperation under the MesoAmerican Biofuel Project framework, which in turn is part of the Puebla to Panama Plan, Colombia's Agriculture and Rural Development Ministry last September signed a memorandum of understanding on technical cooperation in biofuels with El Salvador .

To carry out the project, the ministry delivered to the Colombian Corporation of Agricultural Research (Corpoica) two billion pesos to get the project started.

$2 Million for Biodiesel Plant in Panama

September 2010

The Ministry of Agricultural Development (MIDA) will build a biodiesel plant in Buena Vista, Colon Province.

The start of construction is scheduled for the first quarter of next year and has a projected production of about 10 thousand liters of biodiesel.

According to Prensa.com "the Empresa Brasileira de Pesquisa Agropecuaria, leader in agricultural research in Brazil, will provide MIDA technical assistance in implementing the plant."

Bio-fuel Crop Areas in Guatemala

December 2010

According to a study by the OAS, the country has at least one million hectares suitable for cultivation of bio-fuel.

The report was commissioned by the Organization of American States (OAS) to the firm Hart Energy and was delivered this week the Ministry of Energy and Mines (MEM).