N.Y. Times rated Panama the #1 place to visit…

» Posted by on Oct 10, 2012 in NEWS | 0 comments

By NEW YORK TIMES
Published: January 6, 2012

“It’s been 12 years since Panama regained control of its canal, and the country’s economy is booming. Cranes stalk the skyline of the capital, Panama City, where high-rises sprout one after the next and immigrants arrive daily from around the world. Among those who have landed en masse in recent years are American expatriates and investors, who have banked on Panamanian real estate by building hotels and buying retirement homes. The passage of the United States-Panama free trade agreement in October is expected to accelerate this international exchange of people and dollars (the countries use the same currency).
Among the notable development projects is the Panama Canal itself, which is in the early stages of a multibillion-dollar expansion.

Other high-profile projects include the construction of three firsts:
The Panamera, the first Waldorf Astoria hotel in Latin America (set to open in June 2012); the Trump Ocean Club, the region’s tallest building, which opened last summer; and Frank Gehry’s first Latin American design, the BioMuseo, a natural history museum scheduled to open in early 2013.”

New Panama Promotional video - N.Y.Times Article