Panama Construction Up 21% to June 2017
Source: Centralamerica Data
In the first half of the year the value of new construction, additions and repairs amounted to $1,16 billion, 21% more than in the same period in 2016.
Data from the Comptroller General's Office shows that the value of new construction, additions and repairs between January and June reached $1.16 billion, led by the province of Panama, with $770 million, followed by David, Santiago, Chitré, Aguadulce and La Chorrera, with $676 million.
In the case of the province of Panama, growth in the value of new construction compared to the first half of 2016 was 25%.
Regarding the type of construction, new constructions, additions and repairs were registered for $552 million in residential projects, and $485 million in non-residential projects.