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Chiquita and Del Monte eye Panama bananas

Friday, January 17, 2014

Food production and distributions firms Chiquita Brands and Del Monte proposed a project to Panamanian farmers to boost the country's banana exports.

The companies' plan to harvest 2,000 hectares, for which Chiquita will invest $36 million and Del Monte $50 million.

Part of the plan is to pay each landowner $450,000 each year, among other benefits.

Source (in Spanish): Panamá América