(PanamaInvestor)After two years of delay since the first announcement, the Hard Rock Hotel is apparently moving forward. MINERVA BETHANCOURTH mbethancourth@prensa.com Hard Rock franchise that has a presence in Panama with a restaurant on Avenida Balboa in 2004, will join the local hotel offering the construction of a hotel in the province of Cocle. The work, … [Read more...]
Panama heading for labor shortage
(NewsroomPanama)Panama could be heading for a skilled labor shortage in 2011 as multiple projects compete for a limited pool of qualified people. The good news is that state infrastructure projects could create 34,000 direct jobs in the coming years. The downside is that there is a lack of skilled labor to build, and manage the ten projects that are underway or about to … [Read more...]
Panama Ports training “Wolves” at sea
Panorama. The huge ships are moored to the dock and begins operation of descarga.LA PRESS / David Mesa (MartesFinanciero)From child Cesar Gonzalez had a dream to be in charge of a container dock. He studied at the Naval Academy in high school and port management at the University of Panama, and six years working in Panama Ports Company. With a steady rise he began … [Read more...]
Sinohydro, AES, CIC In Talks On Panama Hydro Project Sources
(Nasdaq.com)China's largest hydropower station builder Sinohydro Corp. is in talks with U.S. power company AES Corp. (AES) and sovereign wealth fund China Investment Corp. on a new hydroelectric power project in Panama, two persons familiar with the matter said. The move is significant as China is trying to woo several Latin American states Like Panama, which still back … [Read more...]
Panamanian government projects $4.4 billion investment in electricity industry
(prensa.com)The Panamanian electricity sector plans to invest an estimated $4.4 billion over the next six years in the electricity sector. This, according to an announcement made yesterday, Sunday, by the National Authority of Public Services (ASEP) in a statement which also indicated that the entity plans to invest approximately $910 million in wind energy and $27 … [Read more...]