President Mulino is Betting on New Projects in Chiriquí Panama to Boost Investment

At the regional level, he announced that in April he will hold a bilateral meeting with the outgoing president of Costa Rica, Rodrigo Chaves, and his successor, Laura Fernández.  The President of the Republic, José Raúl Mulino, announced in Puerto Armuelles, Chiriquí province, a series of strategic projects that seek to boost the regional economy and turn this area into a new development hub for the country.  Key initiatives include the construction of the Barú port, the upgrading of the customs area in Paso Canoas, and the advancement of the Chiriquí-Panama railway.

The president emphasized that these projects, along with road, sewage, and healthcare initiatives, are part of a comprehensive vision to strengthen infrastructure and attract investment.  Mulino emphasized that state entities are working on training the residents of Puerto Armuelles, with the goal that they can take advantage of the job and business opportunities that these works will generate, which —he assured— will bring benefits both for Chiriquí and for the rest of the country.  As evidence of international interest, the president mentioned the presence of top-tier Japanese investors and globally renowned companies interested in the region. “This is not by chance, but rather the result of a strategy focused on building trust and restoring the country’s image,” he stated.  A

t the regional level, he announced that in April he will hold a bilateral meeting with the outgoing president of Costa Rica, Rodrigo Chaves, and his successor, Laura Fernández, with the purpose of promoting the development of the Paso Canoas border area.  He announced that the Bilateral Customs Post, which had been abandoned, should be completed by next December.  “Paso Canoas cannot continue with the enormous lines of trucks. We need to accelerate the movement of cargo. How are we going to do it? In a safe and reliable way; that is the purpose of this meeting,” the president stated.  He also reported that in March he will meet with executives from Royal Caribbean Cruises, who are interested in establishing a ship repair site in Barú, which would open new opportunities in the logistics and maritime sector. 

In terms of roads, the Ministry of Public Works announced the rehabilitation of the Airport-Pedregal road up to the Seafood Market in David; the Tapahueco project in Alto Boquete and Volcán.  In addition, interchanges will be built in the city of David, specifically at the intersection of Unachi and the Comasa Company.  Regarding the Chiriquí-Panama railway, Mulino explained that the feasibility report that will determine the progress of this mega-project will be ready in May.  The president assured that the project will be managed responsibly to avoid it being left unfinished, as happened with initiatives in previous administrations.