Panamanian Development Predictions for 2009

The Panama Report published a posting entitled “Panama State of Affairs – 2009”

Made the following predictions for the new year in 2009
Among the highlights:
1.) The Panamanian banks will tighten their lending capabilities.
2.) Money will begin to come into the country from more unlikely places.
3.) Panama will suffer from traffic infrastructure problems due to the incredible growth, but it will be dealt with.
4.) Panama will make many environmental strides and will become more eco-friendly.
5.) Education will be more highly prioritized as the city becomes more international.
6.) Real estate prices will lower slightly and quality will improve.
7.) The tourism board will begin to push harder for travelers.
8.) Real estate will get “a reality check” where prices will stabilize.
9.) The rental market will attract international residents.

Click here for the entire article….What are your predictions for Panama in 09? Let us know!! If you are planning on visiting Panama, come see our properties!!! Visit our site at www.panama-land-for-sale.com to see the land we have for sale in Panama!!

Trade Mission to Panama: Focus on Development in Panama City

The U.S. Department of Commerce is hosting a “Trade Mission to Panama” conference, which will be held October 26-29, 2008

The conference will be focused on the booming development in Panama, and opportunities that exist for exporters in the United States as the pending U.S.-Panama Free Trade Agreement comes to fruition.  With the expansion of the Panama Canal, Panama’s economy grew 38.2% in 2006, and 11.5% in 2007.

The conference boasts coverage in the areas of: Building products, Electric & Power, Consumer Goods, Hotel & Restaurant, Medical, IT & Security, Construction, Safety & Security, and Telecom and Machinery.

Participation Fees:

$1560 – small and medium-sized businesses

$1850 – large firms and enterprises

** Each additional company rep is charged $450

** Incidentals are billed separately

The schedule will be as follows:

Sunday, October 26, 2008

- Arrival in Panama City, Briefing and Group Dinner at the Mira Flores Locks

Monday, October 27, 2008

- Economic & Business Briefing

- One-on-One Meetings

- Colon Free Zone Option

- Networking opportunity at the residence of the U.S. ambassador

 Tuesday, October 28, 2008

- One-on-one meetings

Wednesday, October 29, 2008

-Briefing by the Panama Canal Authority

The registration deadline is September 19, 2008.  For more information about the conference, click here. 

If you plan on attending the conference, schedule some time to visit our beautiful land developments.  Contact us at www.panama-land-for-sale.com for more information.