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2 clusters · 4 sources · 25 days · First seen · Last updated

Economic and infrastructure development in Panama

Overview

Panama is experiencing various developments in the hospitality, retail, and infrastructure sectors.

In the hospitality and retail industries, the MERCAN Group announced plans to develop the Pullman Panama City in the Bella Vista district in partnership with Accor, with an expected opening in 2028. Simultaneously, the Ecuadorian company Colineal expanded its retail presence by opening a second store in Terrazas de Costa Verde.

Infrastructure projects in the Colón province are also progressing. The $80 million Caribbean Corridor road project has reached 51% physical progress. Additionally, a new coastal belt project in the Nuevo Chagres district is scheduled to begin, featuring a seaside walkway and commercial spaces. Other regional efforts include the rehabilitation of urban streets and improvements to the Transístmica highway.

Entities

Panama City · Accor · Colón · Ministry of Public Works of Panama · Colineal

Timeline

  1. 6 days ago

    [BUSINESS] 2 sources
    Colón infrastructure projects advance with major road and coastal works

    Infrastructure projects in Colón, Panama, are progressing, including the $80 million Caribbean Corridor road and a new coastal development in Nuevo Chagres to boost tourism and local economy.

  2. about 1 month ago

    [BUSINESS] 2 sources
    Panama sees new hotel development and retail expansion

    MERCAN Group announces the Pullman Panama City hotel project for 2028, while Ecuadorian retailer Colineal expands its Panamanian presence with a new $215,000 store in Costa Verde.

Sources

expreso.ec · panamaamerica.com.pa · revistaleapanama.com · tvn-2.com