New Investment Area the East of Panama

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bayanoriver New Investment Area the East of PanamaDeputy Hernan Delgado claims that international investors are looking towards the East of Panama. Delgado, presented at the start of the legislative period a project and explain its benefits.

Tourism and hotel consortiums from Spain, America, Dominican Republic and Venezuela have expressed interest in investing in the area between the Bayano River mouth and the province of Darien, product of the development and promotion  measurements for tourism development in the region proposed by the initiative of Deputy Hernan Delgado.

Congressman Delgado announced that he has already held talks with representatives of U.S. companies making major investments in the area of Chiman, Buena Ventura, Brujas and Gonzalo Vasquez, who are confident that Bill No. 16 will turn into law of the Republic, to enable the development of infrastructure, including roads and bridges, to take advantage of the potential which exists in the  beaches of the sector.

He said the economic boost tourism will baste the momentum that is occurring in the Gulf of Panama, in a single kernel that will allow development to combat poverty, hunger, poverty and basic needs faced by people of the region. 

”So health care institutions, housing, public works and others are a bit worried about the future of Panamanians who live in an almost virgin land,” he added.

He said the bill would integrate indigenous areas of the Kuna Tribe of Madugandí,  Embera Alto Bayano, of Rondo and of Hato to national development, which have a high cultural and scenic potential still untapped. 

The initiative was discussed with various national sectors, including the Tourism Authority of Panama and the National Environmental Authority and was approved on first debate by the Trade Commission of the National Assembly, chaired by the deputy Alcibiades Vasquez Velasquez.

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