There’s an absolute truck load of money coming into Panama City. We we’re so surprised how new the city is, not to mention that about half of the buildings and skyscrapers are under construction. We initially thought this was a huge US investment, similar to Costa Rica, but found out from an ex-pat engineer that the majority of construction comes from Columbian and Iranian money. The country has some big plans for tourism (as we discovered from Jenny our Tourism Commission hook up) and has begun a new expansion project on their main source of revenue - the Canal. Seems as if Panama has some big plans for the years to come and they definitely have the financial backing to make it happen.
Sunday, July 18, 2010
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