During the last decade Panama has enjoyed a double digit economic development, one of the highest of Latin America. For example, more than one billion dollars were invested in the construction industry. When you drive through the city, and look upwards, you will see the the sky flooded with construction cranes lifting construction materials to the heights.
Even as we speak, there are more than seventy towers being constructed and many more are waiting in line for government approval. At this frantic pace, Panama soon will become one of the most modern cities in Latin America.
During my last expedition to the Balboa Avenue with the explicit intention of shooting photographs of the newly inaugurated Cinta Costera (Coastal Strip), I captured several of these skyscrapers that are giving Panama City a distinct modern international metropolitan look. You will instantly notice the rich architectural styles of these tall structures.
This is what came out of my Canon PowerShot A720 IS. Here we go.
Now you get an idea of how fast Panama City is growing within its urban centers. At the same time, modern fast-transit corridors are being finished to speed up transportation to suburban areas.
A new Metro is being designed to be inaugurated during President Ricardo Martinelli’s Administration. The Cinta Costera will be extended to reach the Presidential Palace, then underneath Casco Viejo to Avenida de los Poetas (Poets Avenue) in order to connect with the Bridge of the Americas.
Yep, Panama is a rapid growing beauty. Good Day.