A study by Prima Panama identified some 107 building projects under construction in 15 neighborhoods in Panama City as of July, 2007 with a total of 10,980 apartments. The total value of these projects is estimated at US $3.17 billion. These projects will be completed and come to market into 2010. Furthermore, since the Prima study was completed 25 more projects have been announced.

Even if all of the projects don’t come to fruition, this constitutes an enormous increase in population in Panama City very quickly. Calculating with the units selling well, will equal roughly 40,000 new residents in Panama City within the next five years or so, based on current predictions.

Although the city’s infrastructure is administrating services for the current population with limited success, the serious issue is that the Panama City’s infrastructure simply isn’t going to be able to manage all the projected additional residents, when the current populace is straining the systems beyond their abilities.  What are you planning to do to help prepare the Panama City infrastructure for your investors? Mmm…is that silence I hear?  But on paper the projections look so good…