Panama

Panama power network in need of investment

by moveforward on May 25, 2013

Panama power network in need of investment

Panama power network in need of investment

Over the years there have been many issues with regards to Latin American governments falling out, having very different opinions and very often unable to cooperate with each other. However, the situation today is very different and the ongoing issue with Panama’s power supply has prompted neighbouring Costa Rica to offer a helping hand.

This comes hot on the heels of the Panamanian government’s announcement that the various public services and public offices would have restricted opening times, many retail outlets would be forced to close early and a drought emergency has been declared in around one third of the country. This is a worrying development for international investors and expats across Latin America because Panama is an area of the world which has moved very strongly towards renewable energy sources. [click to continue…]

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