In the News from Panama
The Panama Canal Authority continues to make big moves as it positions the waterway for the future. The latest announcement focused on plans to develop two new port terminals, one on the Pacific coast and one on the Atlantic. The…
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Fast-growing Tocumen International Airport is exploring future expansion plans, including the addition of a third runway and terminal. CAF, the development bank of Latin America and the Caribbean (and a major player in the redevelopment of Obarrio), together with the…
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The Panama Canal, which remains a key driver for Panama’s economy, posted strong operating results for the past year, including boosts in transits and revenue. The Canal closed the year with $5.7 billion in revenue, a 14.4% increase from the…
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Panama City is moving forward with a project to transform Calle 50 in Obarrio, focused on developing a more “walkable, green, and humane city.” This initiative fits nicely with plans for MOVA by B&B Italia, the new residential development in…
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