Here is a great piece of news for all who live, work and have invested in the Los Santos province in Panama (like yours truly), coming straight from the Ministry Of The Presidency web site.
Martinelli’s government will be investing $107.5 million (this year alone) in the province of Los Santos, according to vice Minister of Finance Dulcidio De La Guardia, who made the announcement during the celebration of the Cabinet Council held in Las Tablas.
Since Los Santos is a region dedicated to agriculture, the bulk of the investment will be directed to this sector , some $38.3 million, mostly directed to agricultural management, agriculture activities and construction. .
In the transportation sector, projects will be funded with o$24 million, $5 millions of which are being devoted to rehabilitation and maintenance of the road between Guarare-Las Tablas, and rehabilitation of a section of the road Macaracas – Sabana Grande, an estimated $4 million.
Amother important project is the expansion to four lanes of the road over the river La Villa. The project could be completed this year.
The government also plans to build and rehabilitate secondary roads throughout the Los Santos region, so that the province is left with a road network that will lead to effective marketing of all that the area has to offer from a tourism and business perspective.
Regarding education, the Government allocated $1 million towards implementing aggressive scholarship programs.
With regard to Social Program investments, $12 million (representing 13.6% of the total cost) will go towards the completion of 60 housing projects.
Well…60 housing projects? Really? I am all for development and modernization and especially all for social development, but 60 housing projects in a province (or an area) that represents only 1/15 of Panama’s population sounds a bit of a pipe dream to me.
Anyhow, it looks as though Martinelli’s government is taking some steps in decentralizing Panama and start developing rural areas with long-term rewards in mind.
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