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Latin America Investment News on Viva Tropical

Panama Pacifico $188 Million in Investments

Article Summary:

Panama Pacifico Special Economic Area has received investment totaling $188 million to date and is quickly becoming an important hub of Panama City.

Photo Credit: Panama America

Original Article Text From Panama America via Google Translate :

Invest $ 188 Million In Panama Pacifico

Crossing the Bridge of the Americas from Panama City, is one of the most important development centers that are developing in the country and that it can be termed successful development: the Panama Pacific Special Economic Area.
The investment to make this area a new fully planned city more than $ 188 million in the 1400 hectares covered by the project.

There are now 127 national and multinational companies that have chosen the site to host their operations to expand or strengthen their presence in Panama and throughout Latin America and they see the area as a world class logistics center for competitive advantage. They have created jobs for over 4500 people.

Among the major corporations that have chosen to Panama Pacific to operate are DELL, Cable & Wireless, Caterpillar, Grace, VF Corp, 3M, 3PL Pan, Grainger, Albacrome, Mombasa IntelData, Pan American logistics, KPMG, shipping companies, repair companies and maintenance of maritime aviation, among others.

But the plan not only covers the construction and establishment of corporate housing, but housing and residential development that is marketed as one of the most privileged places in the world to live, the quality of environment that its inhabitants have directly connected with nature .

The first residents and take projects. These houses and duplex houses with unique characteristics, such that each is built on a totally different from other parking lots are located on each property parcel post to the main entrance not moving vehicles and children can play without danger of being run over by a car.
They will also have all the facilities that offer the most modern cities in the world, including universities, restaurants (and are Subway, Café D’Mariatos and restaurant wine), shops, sports and recreation, among others.

Some private schools are located within the facility are: Howard Kids Academy, Magen David Academy (MDA), Lycee Francais Paul Gauguin of Panama and the Panama Pacific shortly Academy (PPA) – which will debut in August.

The idea is to fulfill the vision of creating in the former Howard Air Force Base a Garden City, so that half of the development is made up of green open spaces, maintaining the natural environment and creating parks. It is a new lifestyle in a lush tropical setting just 11 miles from Panama City, 90 km from the beaches of the Pacific coast and 28 miles from Tocumen International Airport.

Link to Original Article:

From Panama America

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