the largest population hub within the area
of the route, region, or Metropolitan area of
Panama which also includes the La Cho-
rrera, Arraiján and San Miguelito districts. It
occupies an area of 275 km
2
in a country
with a territorial size of 75,517 km
2
.
Panama is a country with a population of
more than 3.8 million, according to the fi-
gures of the 2012 census. It has recorded
strong economic growth and is country
where people from many different nationali-
ties have settled, making it one of the most
ethnically diverse country in the world. Of
the total population, 70% of the Panama-
nians are of mixed race with 14% being
mulattoes, 10% white, 6% indigenous po-
pulation, and 1% of Asian stock, mostly
from China.
Since it landed
in Panama, FCC
has generated more
than 4,500 jobs, both
administrative staff as
field workers
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The population density is particularly nota-
ble in the coastal region of the Gulf of Pana-
ma, especially in the Azuero Peninsula, and
in the metropolitan areas of Panama City
and of Colón
The country’s economic growth
During the last decade, Panama has expe-
rienced significant urban growth with the
urban population now accounting for 59%
of the country’s total. The transit of ships
through the Panama Cal, the port and
transport, warehousing, communications
activities plus the more than 150 internatio-
nal banks with headquarters in the city are
boosting the country’s economic growth
and an increase in the construction of high-
rise buildings.
Until now, the most important infrastructu-
re in the country was the Panama Canal.
Nevertheless, in recent years, the cons-
truction industry has grown and there are
many mega projects, mostly in the capital,
which will imply great benefits for the entire
country.
The construction boom has generated
many job opportunities for the people of
Panama and international companies have
shown an interest in investing in the isth-
mus.
