With its economy expanding rapidly, one of Panama’s key challenges is to provide public services for its inhabitants. From housing itself to sanitation and energy, these areas are providing a host of opportunities for construction through concessions, tenders and public private partnerships. Housing, especially at a social interest level, has become a government priority...
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Articles & Analysis | Panama boosts social housing through private sector collaboration from The Report: Panama 2015
Chapter | Construction & Real Estate from The Report: Panama 2015
Buoyed by a combination of factors, including the country’s prime geographic location, sustained economic growth and the influx of foreign investment in recent years, Panama’s real estate market has seen unprecedented growth since 2006. Today it is a key component of Panama’s economy, amounting to $4.6bn or 12% of GDP in 2014. Though fast growth has led the cost of land to skyrocket, sometimes...
Despite slower GDP growth of 6.2% in 2014, according to the Ministry of Economy and Finance, Panama remains one of Latin America’s fastest growing economies, a trend set to continue in coming years with the IMF forecasting average annual growth of around 6.5% over the next five years.
Un compromiso de los cuatro países que integran la Alianza del Pacífico para profundizar la integración en áreas clave debería apuntalar el plan de inversión en infraestructura de Colombia, y abrir el camino para mejoras en toda la región.
An ambitious highway project that will connect several towns in Trinidad and Tobago to major resource hubs is edging towards the halfway mark, with two sections already operational.
Un programa nacional para construir viviendas y lanzar proyectos públicos podría impulsar el sector constructor de Panamá hacia un fuerte crecimiento en 2015.