The executive secretary of the Management Unit for Reverted Property (UABR in Spanish), Juan Carlos Orillac said they have already completed a development plan for the area prepared by the Spanish consulting firm C4T .
"The exploitation of the beautiful beaches of Sherman offers the industry, the chance to construct of six ecotourism hotels, yacht marinas, cultural centers, eight housing cores and recreation centers.
Regarding Amador, Spanish consultants have already submitted the preliminary draft, and in the coming weeks and will present their final report on the updating of the Tourism Development Plan prepared in 1996, said Orillac."
Source: Prensa.com
More on this topic
January 2012
The government has launched an aggressive plan to promote investments in two areas of most interest to tourism: the former U.S. base in Sherman, in the Caribbean, and Amador, on the banks of the Canal on the Pacific side.
Authorities in Panama have set in motion an ambitious plan to attract investment in two areas of most interest to tourism: the old Sherman U.S.
February 2012
In order to attract the attention of investors, entrepreneurs have created a portfolio of six major projects for tourism development.
The Association of Coastal Marine Tourist Developers (Promar in Spanish), led by renowned Salvadoran entrepreneurs, recently presented the Government with an ambitious portfolio of six mega resorts with high potential to attract investment to the country, to be run in the next 14 years, and which is valued at $2 billion.
August 2011
Several companies have shown interest in investing in the former military base in Sherman, Colon.
The Reverted Property Unit said that in September they will discuss the first concrete investment proposal which they have received.
"According to a study by the Spanish consultancy C4T Tourism Business & Planning, Sherman could register investment of nearly $180 million.
January 2012
The economic and tourism boom has created an inordinate amount of investment in hotels, which is threatening to lower the occupancy rate to unsustainable levels.
The opening of more than 20 hotels has been announced for 2012, adding 6,000 rooms to the inventory offered by Panama, and representing an annual increase of 300% in the hotel supply, while the increase in the number of visitors to the country during 2011 grew by - 13%, which although significant, is far below what would be needed to keep up the hotel occupancy rate, which currently stands at 66%.
español
