Projects and Opportunities Sample Clauses

Projects and Opportunities. The strong demand for building materials will continue. The following are the main infrastructure and non-residential projects underway or still in the drawing board stage of the construction process: Government Investment • Expansion of the Panama Canal - $5.2 billion. • Panama Metro Line - $2.2 billion. • Road Projects - $1.1 billion. • Airport Expansion - $200 million. • Cold Chain distribution network - $65 million. • Government City - $360 million. • Financial Tower - $200 million. • Mining Projects (copper and gold) - $665 million in revenues projected. • Colombia – Panama Electrical Interconnection - $415 million. • Water Supply & Sanitation - $ 540 million. • Public Hospitals - $358 million. • Curundu Housing Project - $100 million. Completed in Feb. 2012 • Bridge of the Americas reconstruction - $80 million. • Air-Sea Stations - $37 million. • New Prisons - $156 million. • Energy Generation Projects – various, hydro/wind/LNG – over $1 billion. • Panama Pacifico – conversion of Xxxxxx Air Force Base to mixed use - $750 million. Private Investment • Colon Free Trade Zone and transshipment ports expansion. • 20 new Hotel construction projects - $700 million. • Westland Mall - Grupo Los Pueblos - $200 million. In addition, there are other projects that include oil pipelines, airport expansion, new ports, port expansion projects, resorts, shopping malls, etc. The increased purchasing power of the Panamanian consumers and the surge of the economy have made companies like Franquicias Panamenas, S.A. that handle the KFC and Pizza Hut chain in Panama to invest $7.5 million in the construction of new stores and the improvement of existing ones. Moreover, the construction company Vinci Construction Grands Projects received orders from the Panama Canal Authority to proceed with the works for the construction of the bridge over the Canal which the company must complete the project within 42 months. The company presented the lowest quotation on the official budget. The bridge will have a delta design with four lanes. It will also have a length of 4.6km and an elevation of 75 m above sea level. It will be constructed of concrete and its design is similar to works in countries such as Spain, Korea, France, China and Japan. In addition to this, the Social Security Department of Panama is putting out the tender this year for the construction of the new Dr. Xxxxxxx Xxxxxxx clinic in the province of Xxxxxxx. Also, President Xxxxxxx Xxxxxxxxxx inaugurated recently the...
Sample 1
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Projects and Opportunities. In February, 1995, the Goernment of Panama passed legislation that allows IRHE, the government electric utility to purchase energy from private suppliers. XXXX published that it plans to purchase electric energy from a 100 M.W. plant to be built and managed by a private company. The companies that invest in a power plant can also sell energy to other Panamanian companies. The Inter-American Development Bank (IDB), is seeing the probability of funding a 120 M.W. hydroelectric plant to be built and managed by IRHE in the province of Chiriqui, even though they believe the project will not be cost efficient. Panama's demand for electricity grows by 40 Megawatts per year. The IRHE does not have the investment capability to meet it, so a growing participation of the private sector, especially foreign investors, is required (xxxx://xxxxxxxxxxxxxx.xxxxxx.xxx/commercialguide.html). The following are a couple of projects that are in an early development stage for the construction of wind and hydro electricity power plants. They have great U.S. export potential and will provide many benefits of human capital employement in Panama.
Sample 1

Related to Projects and Opportunities

  • Job Opportunities Section 1: Temporary Assignments Unforeseen circumstances may arise on a shift, which would require an Employee to be temporarily assigned to work other than that he would normally perform. Should such circumstances arise, the Company shall first canvass for volunteers from those employees who are able to perform the work. Should there be more volunteers than are needed, the Company shall assign the work to the volunteer with the highest seniority. Should there be no volunteers; the Company shall assign the work to the lowest seniority employee able to perform the work. Temporary Assignments may be filled according to the process set out in this Article for a period of up to forty-five (45) days. Thereafter, the Temporary Assignment will be posted on a plant wide basis and made available to the most senior employee able to perform the work. In the event that the Temporary Assignment is going to exceed forty-five (45) days, and this fact is known at the time the vacancy first becomes available, the Company will post the Temporary Assignment in accordance with Section 2 at the time the Temporary Assignment first becomes available. If an Employee is temporarily required to fill a higher paid job, the Employee will receive the higher rate of pay for all hours spent performing the job, if he or she performs the job in excess of two (2) hours per shift. If an Employee is temporarily required to fill a lower paid job, his or her rate of pay shall not be reduced. In the event additional temporary assignments are required, the job will be filled in accordance with the process provided above. Subsequent to the completion of a Temporary Assignment, an Employee will be returned to his or her previous position, subject to seniority considerations.

  • Training Opportunities The requirements of Section 3 of the Housing and Urban Development Act of 1968, as amended, 12 U.S.C. 1701u ("Section 3"), requiring that to the greatest extent feasible opportunities for training and employment be given to lower income residents of the project area and agreements for work in connection with the project be awarded to business concerns which are located in, or owned in substantial part by persons residing in, the areas of the project. Borrower agrees to include the following language in all subcontracts executed under this Agreement:

  • Business Opportunities Executive agrees, while he is employed by the Company, to offer or otherwise make known or available to it, as directed by the Board of Directors of the Company and without additional compensation or consideration, any business prospects, contracts or other business opportunities that Executive may discover, find, develop or otherwise have available to Executive in the Company’s general industry and further agrees that any such prospects, contacts or other business opportunities shall be the property of the Company.

  • Projects The Annexes attached hereto describe the specific projects and the policy reforms and other activities related thereto (each, a “Project”) that the Government will carry out, or cause to be carried out, in furtherance of this Compact to achieve the Objectives and the Compact Goal.

  • Promotional Opportunities Each university shall promote upward mobility of employees by announcing opportunities as they occur. In all cases, it is the employee’s responsibility to make proper application for such positions. If an employee meets the minimum and special qualifications for a position, he/she will be considered.

  • Commercial Opportunities 1. The airlines of each Party shall have the right to establish offices in the territory of the other Party for the promotion and sale of air transportation.

  • For Product Development Projects and Project Demonstrations  Published documents, including date, title, and periodical name.  Estimated or actual energy and cost savings, and estimated statewide energy savings once market potential has been realized. Identify all assumptions used in the estimates.  Greenhouse gas and criteria emissions reductions.  Other non-energy benefits such as reliability, public safety, lower operational cost, environmental improvement, indoor environmental quality, and societal benefits.  Data on potential job creation, market potential, economic development, and increased state revenue as a result of the project.  A discussion of project product downloads from websites, and publications in technical journals.  A comparison of project expectations and performance. Discuss whether the goals and objectives of the Agreement have been met and what improvements are needed, if any.

  • STUDENTS AND BUSINESS APPRENTICES A student or business apprentice who is present in a Contracting State solely for the purpose of his education or training and who is, or immediately before being so present was, a resident of the other Contracting State, shall be exempt from tax in the first-mentioned State on payments received from outside that first-mentioned State for the purposes of his maintenance, education or training.

  • EMPLOYEE EVALUATIONS 3. Any matter for which there is recourse under State or Federal statutes.

  • Budgets Borrower shall have delivered, and Lender shall have approved, the Annual Budget for the current Fiscal Year.

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