Another big project for Boquete
Posted: 2006-11-02 04:30
Well, the projects in Boquete, Panama real estate just keep on coming. Now we are up to 42 and this ones a "whopper" at $2-3 BILLION. I had expected a large project was coming when a long time friend in Boquete told me they sold his huge family farm last year. Apparently the buyer is a listed company on some penny stock exchange (trading at .0037 per share) involved in E commerce. I would say this is a very different type of developing than they have done in the past. I wish them a lot of good fortune in their endeavor, although they may want to reconsider the name Las Huaces, which means an Indian burial ground. It was a popular cemetary site in pre-Colombian times. Like I always say, more brings more!