Panama Pacifico
in Central America
Tuesday, May 22, 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 work of a series of large projects have raised the interest of foreigners who come to work in the country.
Friday, May 4, 2012
Growing by 10% a year as Panama is currently doing is energy intensive, meaning that the demand for rental generators is constantly growing.
Project developers, subcontractors and promoters of artistic events require power permanently and this is where companies that rent electricity generators come in, providing a compliment to the traditional distribution system.
Tuesday, April 10, 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.
Thursday, March 8, 2012
The information technology firm has opened a data center in Panama Pacifico, with an initial investment of $35 million.
The complex consists of 2 data centers within a 6,000 m2 technology campus, located in the Special Economic Area Panama Pacifico, which will initially employ 100 people.
Monday, September 26, 2011
In the past two years, the value of constructions in the district of Arraijan, in the central-western part of the Province of Panama, rose to $200 million.
Of all the money invested, $97 million corresponds to non-residential projects.
Thursday, June 16, 2011
Invoking Law 41 regarding multinational headquarters, General Electric (GE), is looking at setting up a regional office in the country.
If the project is put into action, the multinational would attend to all its operations in the Caribbean from Panama, devoting more than a million dollars to expanding infrastructure and increasing the return of workers.
Tuesday, June 7, 2011
BASF and Unilever are two of the companies that have recently joined the list of businesses that are operating in the Panama Pacific Special Economic Area.
Some 80 multinationals are currently operating in the Panama Pacific Special Economic Area (AEPP) and this figure is expected to continue rising, as is the number of new jobs.
Thursday, April 28, 2011
The second of its kind to be tendered in Panama, the training centre is designed to train technical personnel in various disciplines.
Like the previous centre put out for tender, this centre aims to meet the need for trained staff required by multinationals operating in the Panama Pacific Special Economic Area.
Wednesday, February 16, 2011
The government will put in place a training center to address the lack of qualified labor in the country.
Such initiative will be executed by the National Training Institute for Human Development and the Panama Pacifico Agency (APP).
Thursday, November 18, 2010
Starting January Sony will establish a regional distribution center.
The distribution center will serve electronic parts for the Central and South American markets.
Monday, August 30, 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”.
Monday, August 23, 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.
The company followed the tradition of the original group of Germans and Italians that settled in Ecuador in the early twentieth century, and since that time, the business has expanded exponentially in experience.
Tuesday, July 6, 2010
A study by the Labor Ministry concluded that the economy will generate 21,000 new jobs in the next four years.
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.
Friday, April 16, 2010
London & Regional inaugurated the visitor center at Project Panama Pacifico.
Construction of the two buildings which compose it started January 2009 and finished January 2010.
Tuesday, March 9, 2010
Panamá Pacífico with thousands of interested visitors to its stand in Expocomer 2010, not only offered the Key Note speech of thursday, but launched the residential phase of this great development on the banks of the Panama Canal
During the recently concluded Expocomer 2010, organized by the Chamber of Commerce, Industries and Agriculture of Panama, March 3 to 7, Panama Pacífico had a very significant participation by becoming one of the main sponsors of the exhibition event; on Thursday 4, PANAMA PACIFICO became the epicenter of all the attention when it delivered the Keynote Address PANAMA PACIFICO: INTERNATIONAL BUSINESS HUB AND A PLANNED COMMUNITY, where more than 400 executives filled the Teatro La Huaca to hear the benefits and advantages of establishing their business this development center, located on the banks of the Panama Canal.