During 2013 Minera Panama invested $542 million in the purchase of real estate and local infrastructure in order to proceed with the construction project Cobre Panamá («Copper Panama"). In comparison, such figure is 40% higher than similar period in 2013, when the company reported investments in the amount of $387 million.
60% of investments were made in the company of Panama.
60% of investments were made directly in Panama.
The CEO of Minera said that the construction of the road which will connect future mine and other related works require cooperation with local construction and design firms, which obviously is a positive impact for the economy. In total Cobre Panamá will spend more than $ 6.4 billion. with mining projects in Panama.
