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Panama Water

11 years ago
Before you move, check if your dream home has good water.

Tuesday, 09 July 2013

Panama: Real Estate Developments Need Drinking Water.

The lack of government planning for the water supply is affecting the development of real estate projects in Panama.


According to Guillermo E. Quijano Jr, president of Grupo Unesa, real estate development in the country depends on whether there are water services in the area where you want to build. "To be able to say that development will move towards the east or west or north... First you have to ask if there is water in those areas or not. "

"We have had a sustained backlog for 25 years in infrastructure which has been assumed by private enterprise," said the Executive Director of the National Housing Developers Council (Convivienda), Elisa Suarez de Gomez, said that developers have had to make wells in order to have the facilities needed to support a project having water, but believes that this can not remain their responsibility.

Gomez poses a challenge for developers, "make the necessary links with the state so that developments can be planned and the necessary infrastructure can be built for this growth."

Kovalenko & Vera Attorneys at Law in Panama
Kovalenko & Vera Attorneys at Law in Panama

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William Russell

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