Monday, July 21, 2008

Panama City Growth - #1 in Central America

According to citymayors.com, Mercer, an international consulting firm, released a study in which Panama City is rated as # 2 in Latin America for safety and quality of life. It is # 1 in Central America.

“In terms of personal safety, Canadian cities perform best with Calgary, Montreal, Ottawa, Toronto and Vancouver all ranked jointly at 22. In the US, Chicago, Honolulu, Houston, Lexington, San Francisco and Winston-Salem all share rank 53. Elsewhere in the region, Santo Domingo has the highest ranking at 92 followed by Panama City (96) and Monterrey (99). Bogota (207) in Colombia has the lowest levels of personal safety. The Canadian cities score 115.8 compared to Bogota’s 30.4.” (http://www.citymayors.com/features/quality_survey.html)

Regionally, Panama City is the most thriving and developing area in Central America. Many companies including Caterpillar and Hewlett Packard have moved international offices to the area, and with the Panama Canal’s expansion, the shipping business is also bringing significant growth to the area.

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