Trump May Invest in Casco Viejo

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Donald Trump

Donald Trump

This news came out yesterday as Jim Petrus, Trump International’s global relations manager said that Trump is interested in doing a project in the UNESCO World Heritage Site, even if it’s small.  More information below from La Prensa-

REAL ESTATE

Trump eyes investment in Casco Viejo

Punta Pacifica is not the only place in Panama that Donald Trump is looking to invest.

Jim Petrus, global relations manager for Trump International, said the company is looking for opportunities in Casco Viejo. Petrus was in Panama yesterday to meet with members of the Panama City Municipal Council.

During that meeting, Petrus said that the Trump Corporation is “interested in doing a project, even if it is small” in Casco Viejo, a UNESCO World Heritage Site.

Officials from the Office of Casco Viejo said that this is the first they have heard of any potential investment, and no plans have been discussed with them by the Trump Corporation.

Delivery of units is expected this year for the Trump Ocean Club, a luxury complex being constructed in Punta Pacifica. Donald Trump ignited a storm of controversy earlier this year when he said it was a mistake for the U.S. to hand over the Panama Canal to Panama, and the trip by Petrus was, in part, a chance for the company to clarify those comments.

(http://www.prensa.com/hoy/english/economy_6708.asp)

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