Construction, the barometer of the economy

Construcción, el barómetro de la economía

This post is also available in: Spanish

The number of houses, buildings, roads and other projects that are being built determine the state of the country’s economy. Over the last ten years Panama City’s horizon has changed significantly with the appearance of skyscrapers all over the town. The once sleepy towns of Arraijan and La Chorrera, now boast shopping centers and modern houses. Panama City has a Metro system and the expanded Canal now allows the passing of mega ships.

Construction, the barometer of the economyAll these works are a clear signal that Panama is continuing to grow and behind all this progress are the hundreds of architects, engineers, builders and all the other trades that make this sector vibrant.

The Construction Chamber of Panama (Cámara Panameña de la Construcion), with its fair Capac-Expo Habitat, taking place until Sunday, September 11 at the Atlapa Convention Center is showing the best of the industry, not only in terms of real estate, but also in such monumental projects as the Line 2 of the Metro.

CAPAC is an organization that improves the skills of professionals and workers in the construction sector as well as standardizing good building practices to increase productivity, safety and health and better the quality of the works.

From January to March of this year, construction, additions and residential repairs rose by 13%. That is one of the reasons why the “Do it yourself” workshops in the fair are so popular.

CAPAC Expo Habitat gives the opportunity to the public to see that the construction sector is alive and well in Panama and also what the real estate market has to offer.


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