Tuesday, October 7, 2008

About Panama: Operating Costs

Overview
Available Labor Force 961,403
Minimum Salary US$ 1.22 p/h
Average Monthly Salary US$ 350
Professionals
Bilingual Secretary US$ 500
Accountant US$ 560
Engineer US$ 1,000
Manager US$ 1,000
Services Costs
Cost of Electricity per kw/h US$ 10.6 cents
Cost of water (less than 10,000 gallons) US$ 1.15 Industrial US$ 0.80 Office
Cost of International Calls  
International Calls US$ 1.00 (not applicable to call centers)
Cables and Radiograms Abroad US$ 0.05
Leasing of Industrial Buildings US$ 100 US$ 5 per M2
Port Costs
Movement of Container US$220.00
Average Housing Rental Costs
Apartament US$ 500 1,000 monthly
House US$ 750-2,000 monthly
Average Education Costs
Private Schools  
Elementary US$ 100 monthly
High US$ 130 monthly
Transport US$ 35 monthly

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