Panama: $ 84 Million Project in Danger
The Greater Panama company announced it has set a December deadline to cancel the project.
Monday, October 25, 2010
The real estate project, developed by Panama Investment and Development Corp., located in La Chorrera, has not received final approval from the National Environmental Authority (ANAM) for its Environmental Impact Study.
An environmental impact study has been presented for the construction of a 39 story office building on the coastal road Via Paseo del Mar, Panama City, with an estimated investment of $45 million.
An environmental impact study has been presented for the construction of a 13 story mall and 103 shops in the city Las Tablas, province of Los Santos.
An environmental impact study has been presented for the construction of a luxury apartment building with 23 floors, called The Manhattan, en Paitilla, Panama City.
After an initial rejection by the ANAM, Empresa Nacional de Autopistas has presented another environmental study for an urban development in 44 acres of landfill, which would provide resources for the expansion of the Southern Corridor.
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