News | Economy | Culture | Opinion | Lifestyle | Nature
Noticias | Opiniones | Archive | Unclassified Ads | Home

Volume 15, Number 14
August 23, 2009

economy

Also in this section:
Electric companies turn Martinelli's promised rate cut into an increase
Rural teacher drowns, prompting strike call
New seafood market coming to Farallon
Former HSBC exec to take over Stanford Bank - Panama
Contractor for new locks heavily indebted
Unsurprising business failure fits a former Canal Zone pattern




Seafood market and processing facility coming to Farallon
photos by Eric Jackson

Small-time fishing communities have, under the previous several administrations, been under a generalized assault. Although Panama's fishery is its most ancient industry, between the mostly foreign-owned factory ships and the local and international mix of real estate speculators and developers, both the fish that the men in cayucos catch and the beach villages in which they live or work have been threatened with extinction. Other than regulations on fishing and shrimping season and the equipment and nets that can be used, the government policy is best described as neglect. There have been no programs to create artificial reefs, oyster beds or other improvements aimed at guaranteeing a continued seafood supply.

However, we have an exception begun under the Torrijos administration that's being continued and expanded by Martinelli's team. It's a seafood market and processing facility in Farallon, not far from the old military airstrip. It will be a major retail and wholesale seafood market, and a place where things are packed for export.

This started out as a Ministry of Commerce and Industry project, with foreign assistance from the government of Spain's Andalucia region. However, when this reporter went to take these pictures, he met a delegation from the Ministry of Social Development on the site. That ministry has decided that the new market will be a convenient place to locate offices for social service programs that serve fisher families, so that expansion is being added to the project.




Also in this section:
Electric companies turn Martinelli's promised rate cut into an increase
Rural teacher drowns, prompting strike call
New seafood market coming to Farallon
Former HSBC exec to take over Stanford Bank - Panama
Contractor for new locks heavily indebted
Unsurprising business failure fits a former Canal Zone pattern


News | Economy | Culture | Opinion | Lifestyle | Nature
Noticias | Opiniones | Archive | Unclassified Ads | Home


Panama Hotel: Luxury apartment rentals in Casco Viejo, Panama City
Panama Real Estate: Original travel and investment articles on The Panama Report
Make the Executive Hotel your headquarters in Panama City
Find the boat of your dreams through Evermarine

© 2009 by Eric Jackson
All Rights Reserved - Todos Derechos Reservados
Individual contributors retain the rights to their articles or photos

email: editor@thepanamanews.com or

e_l_jackson_malo@yahoo.com

Cell phone: (507) 6-632-6343

Mailing address:
Eric Jackson
att'n The Panama News
Apartado 0831-00927 Estafeta Paitilla
Panamá, República de Panamá