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Spain Seeks to Expand Local Logistics Presence in Panama and Guatemala
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Spain Seeks to Expand Local Logistics Presence in Panama and Guatemala
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Spain seeks to expand local logistics presence in Panama and Guatemala The Bulletin, Jul 6th, 2013 By Dennis Smith Spain continues to actively try and expand its footprint in the international construction and logistics industries, this time in Panama and Guatemala. Spanish Secretary of State for Infrastructure, Rafael Catala. Rafael Catala, Spain’s Secretary of State for Infrastructure, Transport and Housing and Ministry of Development, is visiting Central America to conduct meetings with the governmental authorities and Spanish Ambassadors of both countries to push Spanish company’s ontheground record in the local construction, logistics and transport infrastructures. According to official Panamanian sources, Spanish businesses have invested around $3 billion in Panama and employ approximately 15,000 people. Discussing the specific possibilities for more Spanish participation in construction contracts as they become available in the Latin American market, is also part of the agenda, according to an official Spanish Ministry of Development statement. Catala’s visit continues the trend of Spain trying to expand and solidify its presence in Panama
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and elsewhere. Earlier, Spain’s Crown Prince Felipe de Borbon made a trip to Panama to support Spanish investment and businesses in the country. The Prince visited two projects involving Spanish companies, Madridbased Sacyr Vallehermoso which is a part of a consortium designing and building sluice gates for the new Canal locks and Barcelonabased Fomento de Construcciones y Contratas which is one of the contractors employed in the Metro construction. Quoted outtakes from the royal trip include, “Panama will become the real capital of Latin America in 2013,” and “[Panama] is currently the star destination for Spanish investment.” Catala’s goals are the same in Guatemala. There, Catala will make his pitch to the Deputy Minister of Infrastructure, Miguel Cabrera, Minister of Economy, Sergio de la Torre, and the Presidential Commissioner for Competitiveness, Juan Carlos Paiz, and the Executive Director of the National Alliance for Economic Infrastructure Development, Julio Estrada. Catala will also meet with the President of the Coordinating Committee of Agricultural, Commercial, Industrial and Financial Associations (CACIF), the Vice President of the Chamber of Construction, and with a group of Spanish companies involved in the infrastructure sector. Spain is not limiting its promotional initiative. Catala has also made trips to Eastern Europe and Asia promoting Spanish business participation there as well. See more at: http://thebulletinpanama.com/spainseekstoexpandlocallogisticspresenceinpanamaandgu atemala#sthash.YNyEN9gU.dpuf
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