Panama City Medical Development Conference Next Week

Next week, July 11^th and 12^th will bring world-renown physicians from all over the world to Panama.

The Cleveland Clinic in partnership with Centro Medico Paitilla will host the 7^th Annual Scientific Meeting.  The topic this year is the Central Nervous System.  There will be over 300 specialists, surgeons, and insurance reps descending to Panama.  The purpose of the conference is to improve medical standards and to continue development throughout Central America.

The Cleveland Clinic prides itself on medical education, research, and state-of-the-art clinical care.  Centro Medico Paitilla, located in Panama City, was founded in 1975 and is a premiere private health facility of Panama.

Visiting Panama?  Visit our website before you arrive so that we can give you a personal tour of our development properties and lots.  You will be amazed at the affordability in Panama!  Visit www.panama-land-for-sale.com for more information.

Copa Airlines to Expand Development in Panama

Yesterday, June 30, 2008, Copa Airlines announced its 42nd non-stop destination to Belo Horizonte, Brazil. The flight will begin August 21, 2008 and is the fourth city in Brazil with Copa Airlines service, joining Rio de Janeiro, Sao Paulo, and Manaus.

The schedule will work as follows:

PANAMA CITY – BELO HORIZONTE
6:48pm departure
Monday
Tuesday
Thursday
Saturday
Sunday

Belo Horizonte is the 3rd largest city in Brazil and is considered a cultural and metropolitan mecca. The industries in Belo Horizonte include electronics, textile, steel, auto, pharmaceutical, chemicals, and refractory companies.

The flights will be operated by the Boeing 737-700 Next Generation aircraft. The 124 person flight has 112 main cabin seats and 12 Business Class (Clase Ejecutiva).

This is exciting news to the further development here in Panama. We welcome those residents of Belo Horizonte that are looking for land development deals or those looking to move to Panama. Visit our website at http://www.panama-land-for-sale.com/ for more information!

Just got back from Panama

Wow! Another amazing trip to Panama. The growth down there is out of control. It is such a great place. I will give more info when I have time. One quick story. I ate the La Estancia Grill again. I had two succulent Fillet Mignon's wrapped in Bacon that rival Ruth Chris Steak House for $17.00!

I have some new pictures of the real estate projects I am working on.

Panama Economic Outlook Positive - Development Expected to Continue

While current President, Martin Torrijos, faces faltering public approval ratings due to rising food and fuel costs, the good news is that the economic activity for Panama was up almost 9.5% for April, which is in stark contrast from the lows we experienced in March.

The government cited new construction new development as well as hospitality as growth-rich industries.

The government also mentioned that March numbers were low, due to the early timing of Easter this year.  Analysts are eagerly awaiting numbers from May in order to get a clearer picture of the current economy, of which those same analysts are optimistic.

On Tuesday, June 24^th, 2008, Reuters reported “With 12-month inflation running at 8.8 percent investors are watching how Panama, which uses the dollar as its national currency, can bring higher living costs under control”.

All of this news is beneficial for our selective group that has decided to make Panama our home.  Get the most out of your dollar – contact us today about retiring or living in Panama.  Our land development deals are beautiful and economical.  Visit our website at www.panama-land-for-sale.com.

Panama - Canal Development and Expansion

The Panama Canal Authority released details of last week’s meetings at the Panama Canal Miraflores Locks Visitors’ Center.

Last Wednesday, the AAPA – the American Association of Port Authorities Congress of Latin American Ports – met in Panama City. Attendees were briefed by Panama Canal Authority CEO, Alberto Aleman Zubieta, on the development and tremendous growth that is being experienced due to the Canal expansion.

“It is clear that Panama is emerging as the transportation and logistics hub of the Americas,” said Alemán Zubieta. “Large-scale infrastructural improvements like the Canal expansion and the Pan-American highway, coupled with Panama’s strategic location and proximity to other regional port development projects, make Panama an ideal hub for international commerce.”

Further evidence that we are going to see continued land development as well! Check out our deals at www.panama-land-for-sale.com. See what you can expect when you move to Panama!

Panama’s Maritime Development Encouraging for Land Owners

According to Reuters, Panama can expect its business with shipping containers to increase up to 10% in the coming year. 

The volume of containers over the past three years are:

5.6 million containers in 2009

5.0 million containers in 2008

4.1 million containers in 2007

These numbers are more than double the volume of 2006.  This can be attributed, in part, to Chinese demand for goods.

Maritime authority chief, Fernando Solorzano is now calling for accelerated infrastructure and planning in order to meet the increasing demands of the maritime industry.

Currently, Panama plans on spending about $1.6 billion for future maritime upgrades, and possible dealings with China. 

These will be beneficial attributes for further land development in Panama.  Visit us today at www.panama-land-for-sale.com to check out our latest land and property investment opportunities!

Panama Development Owner Wants Land Back

The News Herald published a story today by Jeremey Morrison regarding Bayou Park, located below 11th street in Panama City.

The land owner, Kenneth Brown, had originally deeded the property to Bay County for $1 in 1976. However, Brown is not pleased with the way the park is being used, claiming that it originally was designed as “a natural spot by the water’s edge where the community could gather.” Instead, he describes it has become “an unlawful activity location”.

Brown wants the park closed and the land returned to him, citing that it will “clean up the community”. The city planning commission will have the final say and will also determine the price if the land is to be returned to Brown.

What do you think? This blog is all about Panama land development. Visit us at www.panama-land-for-sale.com to see our list of properties available.