Panamá City, Panamá

The city of Panama City (Panama) is emerging as a Latin American financial and industrial hub. Its growth is generating new jobs and opportunities for a country long struggling with high poverty. And with its economic rise has come a demand for project managers. This article discusses the current state of managing projects in Panama City. In doing so, it describes the Panamanian government's efforts to boost foreign investment, efforts that have lured companies such as HP; it looks at local efforts to mature the country's approach to managing projects and programs, noting how the United States-based firm of CH2M Hill is helping the project professionals involved with the Panama Canal Authority (ACP) improve their project performance. It then details the local effort to improve Panama's construction industry and its information technology (IT) sector, identifying the one project problem affecting the growth of these catalysts for economic development: The region's lack of qualified project managers who can lea
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