Logistics Center: $80 Million Investment
The Panamanian government announced that Grupo Rey plans to invest in the construction of a distribution center, which will be located in the community of Pacora on a 55-hectare plot of land.
Tuesday, March 30, 2021 According to the Government of Panama, the Ecuadorian consortium Corporacion Favorita, owner of Grupo Rey, which groups a chain of supermarkets and stores, is planning to execute an ambitious investment plan in the next few years.
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The press release from the Presidency of Panama specifies that the company plans to invest $80 million and generate 1,200 jobs in the construction of the work and another 400 in its operation stage.