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Panama approves land sales in Colón Free Zone

Friday, October 19, 2012

Despite protests, Panama's National Assembly approved a change that allows sales of land within the Colón Free Zone.

The debate among legislators was on the use of the money that the land sales will generate.

About $100 million a year is expected to be generated, of which $35 million will be for the Colón municipality.

Source (in Spanish): La Estrella