"THE DISRICT of Panama led the way in new construction, additions and repairs in the first month of 2018. Figures from the Comptroller General show an increase of 22% over Jan. 2917.
The value of new construction in Panama, was $53 million. It was followed by Colón, Arraiján, Santiago and La Chorrera, with $28 million, $17 million, $6 million and $5 million, respectively.
The highest value was registered in residential projects, with a total of $60 million, 87% more than in the same month last year.
Non-residential construction registered a drop of 11%, falling from $63 million to $53 million.