Panama: 21,000 New Jobs for 2014

©image: Lyn Gateley

The two main areas will be the Panama Canal Expansion and the Howard special economic area (Panama Pacifico).

"Last week, President Ricardo Martinelli stated that Howard would generate 25,000 jobs", noted Prensa.com.

The study also revealed that outside of the provinces of Panama and Colon, most people work in industries related to agriculture and livestock breeding.

Source: Prensa.com

More on this topic

Panamá Pacífico Development Underway

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.

Howard Zone Maintains Tariff Exemptions

June 2009

The National Assembly of Panama approved the extension of tariff exemptions to companies based in the Howard Free Trade Zone.

The bill, which was approved in the second debate, ensures that companies that are based in the Panama Pacific Special Economic Area, also known as the Howard Free Zone, will equally have access to the benefits.

Work for Foreigners in Panama

May 2012

Colombian, Venezuelan, Nicaraguan, Dominican and Spanish are among the nationalities of the immigrants who are coming to Panama to work.

Economic growth in Panama and the works of a series of large projects have raised the interest of foreigners who come to work in the country.

Training Center for Panamá Pacífico

April 2012

The investment of $17 million is intended to meet the requirements for trained personnel in Panama Pacifico, especially for handling heavy equipment.

Work on the training center should be started in June and it is hoped that it will fulfill all the requirements for participants in training courses on the skills required by the modern labor market: English, technology, work ethics and personal finances.