REAL ESTATE AND CONSTRUCTION
The value for building permits in Panama grew 27% in 2013 in comparison to the previous year, according to official sources, and specialists consider that this industry sector will keep growing.
Focusing on the construction of homes, hotels, and logistic developments.
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36% of the investments in the construction industry in Panama are aimed at apartment and condo projects.
In 2013’s third trimester, 55 buildings began construction totaling 1,539 apartments, according to official sources.
Second in line is the construction of individual homes with 14.3%.
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REAL ESTATE AND CONSTRUCTION