Foundation For Natural Resources
INVEST IN PANAMA
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Foundation For Natural Resources
INVEST IN PANAMA |
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Investments |
| PANAMA : PROPERTIES FOR SALE | ||||
| Size in acres | Location | PRICE | Comments | |
| Puerto Escondido | 500 + | Azuero | $600,000 | 300' waterfall & swim hole, two natural safe ports, two beaches, |
| borders National Forest, highest point Azuero | ||||
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Quebrada Seca (Dry Creek) |
30 | Caldera, Boquete | $40,000 | on top of mtn., waterfall and river, new road being built now, near big developments |
| Los Planes | 62 | $330,000 | 3 waterfalls,hot spring great views, great topography, paved road & utilities | |
| Hornconcitos | 250 | $150,000 | sport fishing resort, bay waterfront with excellent shore fishing, | |
| paved road & utilities, great views & topography | ||||
| Boquete | 228 | Boquete | $500,000 | great location near town of Boquete, good topography, very scenic river and mountains. |
Pictures of these investment Sites are available by clicking the link to Pictures at the bottom of the page.
Economy
Panama's economy has become largely service-based, with banking, tourism, and commerce all playing important roles. Only about a quarter of the land is used for agriculture. On the upland savannas cattle are grazed and subsistence crops such as rice, sugarcane, cocoa, and coffee are grown. Bananas are grown on the Pacific coast. The country has various light industries. The Colón Free Zone, established in 1953, is a center for foreign investment in manufacturing.
Bananas are the leading export, followed by shrimp and fish products, sugar, clothing, and coffee. Manufactured goods, raw materials, and foodstuffs are imported. Much of the trade is with the United States. In recent years the country has become a nexus for the shipment of illegal drugs from Colombia to the United States, as well as a center for drug-related financial transactions. During the 1990s Panama continued to struggle to stabilize and develop its economy.
Government
Panama is a constitutional republic. Executive power is held by the president, who is popularly elected for a five-year term and cannot serve two consecutive terms. The unicameral Legislative Assembly has 72 members who are also elected for five years. Administratively the country is divided into nine provinces, plus three autonomous territories for indigenous people
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