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$100 million banana deal creates 15,000 Panama jobs

Monday, April 10, 2017

Panama’s Comprtoller General has endorsed  a contract  in which  Del Monte will  invest $100 million over seven years, creating more than 3,000 direct and 12,000 indirect jobs. It projects an average production  of 2,725 fruit boxes per hectare per year.

A statement issued by the Comptroller said the agreement  between the State and Banapiña de Panamá aims to develop a project designed to reactivate banana activities, creating new jobs and economic investments with direct and indirect impact on the social and economic aspects of the Barú-Alanje and Chiriquí Grande-Bocas del Toro areas.

Source: Newsroom Panama