Panama City is the national capital of Panama.
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Panama City is the capital and largest city of Panama.Over 1.5 million people live in its metropolitan area.The Pacific entrance of the Panama Canal is where the city is located.The city is the political and administrative center of the country, as well as a hub for banking and commerce.[5]
The city of Panama was founded by a Spanish conquistador.The city was the starting point for the conquest of the empire.Most of the gold and silver that Spain took from the Americas was passed through it during the Nombre de Dios and Portobelo fairs.
The original city was destroyed by fire when Henry Morgan set it ablaze.The city was reestablished two years later on a peninsula located 8 km from the original settlement.The site of the previously devastated city is still in ruins and is a popular tourist attraction.
Pedro Arias de vila founded the city on August 15, 1519.Within a few years of its founding, the city became a launching point for the exploration and conquest of Peru and a transit point of gold and silver headed back to Spain through the Isthmus.The Republic of Genoa was granted a concession by the Spaniards in 1520 that allowed Genoese merchants to control the port and commerce of the region.The city was destroyed by fire after Henry Morgan and a group of 1400 men attacked it.The ruins of the old city are a popular tourist attraction.The new location for the city was approximately 5 miles southwest of the original city.The location is now known as the Old Quarter.Panama City is one of the earliest capital cities in the Americas.There is a citation needed.
The Panama Railroad Company was formed a year before the start of the California Gold Rush.The year the first transcontinental railroad was completed in the United States, about 375,000 people crossed the isthmus from the Atlantic to the Pacific.The prosperity of the city was greatly increased by this traffic.
The construction of the Panama Canal helped the economy and infrastructure.The American presence in the Canal Zone has brought about improvements in health and Sanitation.The chief sanitary officer for the canal construction had a large impact.He thought that diseases were spread by the abundance of mosquitos in the area, so he ordered the chlorination of the water.Malaria rates fell dramatically as a result of this.The construction of the canal resulted in unprecedented racial and social tensions in the city.
The prosperity of the city was brought about by the construction of military bases during World War II.Many areas in the Canal Zone were not accessible to Panamanians.The military bases in these areas were only accessible to US personnel.There were disagreements between the people of Panama and the U.S. citizens.The 9 January 1964 events were known as Martyrs' Day.
Panama became an international banking center in the late 1970s and early 1980s, bringing a lot of undesirable attention to the area.After a year of tension between the United States and Panama, President George H. W. Bush ordered the invasion of the country.A portion of the El Chorrillo neighborhood, which was built in the 1900s, was destroyed by fire.The United States officially transferred control of the Panama Canal Zone to Panama in 1999.[8]
There are controls on the flow of cash in the city of Panama.The Hutchison Whampoa Company of Hong Kong operates several ports on the Caribbean side of the isthmus.The administration of the former Panama Canal Zone was based in Balboa, which is located within the greater Panama metropolitan area.
There is a tropical rain forest in the northern part of Panama.The Parque Natural Metropolitano (Metropolitan Nature Park), stretching from Panama City along the Panama Canal, has unique bird species and other animals.The Centro de Exhibiciones Marinas is a research center for those interested in tropical marine life and ecology.
The water needed for the Panama Canal's operation is provided by the tropical forests around Panama.The canal's importance to the Panamanian economy made it a rare example of an engineering project in the middle of a forest that helped to preserve that forest.The Summit botanical gardens and a zoo can be found along the western side of the canal.The most popular trail in the national park is Pipeline Road.[9]
Panama has nearly 500 rivers.Many originate as swift highland streams, meander in valleys, and form coastal deltas.The Ro Chagres, which are within the city's boundaries, are sources of hydroelectric power.
The Ro Chagres is one of the most important rivers in the Caribbean.Gatun Lake is a major part of the transit route between the locks near the canal and the river.Both Gatun Lake and Madden Lake are filled with water from the Ro Chagres.One of the major sources of hydroelectric power is the Ro Chepo.
Panama City has a tropical savanna climate, which is a little less humid than a monsoon climate.It sees 1,900mm of precipitation annually.The wet season starts in May and ends in December.The average temperature throughout the year is around 27 C.Even during the dry season, there is a constant cloud formation in Panama because it is in the Intertropical Convergence Zone.
Spanish colonial buildings, French and Antillean townhouses, and other architectural styles can be found in Panama's old quarter.The dense skyline of the city is formed by many high-rise buildings.There are more than 100 high-rise projects under construction.The city is the 45th place in the world by high-rise buildings count.There are no comments at this time.
The American Segmental Bridge Institute gave a prize of excellence to the bridge that crosses the Panama Canal.[15]
The metropolitan area includes some populated areas on the opposite side of the Panama Canal.The city is divided into corregimientos, in which there are many smaller boroughs.The old quarter is located in the corregimiento of San Felipe.San Felipe is one of twelve corregimientos that make up the urban center of the city.
Panama City's economy is heavily weighted toward banking, commerce, and tourism as it is the economic and financial center of the country.The Panama Canal and port facilities located in Balboa are important to the economy.Due to its position as a convergence zone for capital from around the world, Panama has become a prime location for offshore banking and tax planning.Accountants and lawyers help global corporations navigate the regulatory landscape.The city has experienced significant economic growth in recent years due to the expansion of the Panama Canal, an increase in real estate investment, and a relatively stable banking sector.At least fifteen of the eighty banks in the city are local.
Half of the country's GDP is produced in Panama City.Most Panamanian businesses and premises are located in the metro area.It is a stop for other destinations in the country, as well as a transit point and tourist destination in itself.
In terms of revenue generation, tourism is one of the most important economic activities.The economy has seen a lot of growth since the Panama Canal Zone was transferred at the end of the twentieth century.The number of hotel rooms increased by more than ten-fold, from 1,400 in 1997 to over 15,000 in 2013.The city's hotelOccupancy Rate has always been relatively high, reaching the second highest for any city outside the United States in 2008, after Perth, Australia.The opening of many new luxury hotels is thought to be the reason for the drop in hotel occupancy rates.Several international hotel chains, such as Le Méridien, Radisson, and RIU, have opened or plan to open new hotels in the city.The Trump Ocean Club is the tallest building in the city and was built in 2006 by the Trump Organization.The Trump name's declining brand value caused it to be renamed The Bahia Grand Panama.The Hilton Garden Inn was opened in El Cangrejo and The Panamera was built in Latin America.[26]
The city has almost one million inhabitants.The inhabitants of Panama City are often referred to as capitalinos and include large numbers of Afro-Panamanians, mestizos and mulattos.German, Portuguese, French, Arabic, Chinese, Hebrew and English are some of the many languages commonly spoken in the city.[20]
The first Spanish city to be founded on the Pacific coast of the Americas was called "Old Panama".The city was the starting point for the conquest of the Inca Empire in 1532.Most of the gold and silver that Spain took from the Americas passed through it, leading to the famous fairs of Nombre de Dios and Portobelo.[29]
The historic district of Panama City was built after Panama Viejo was destroyed by Henry Morgan to protect its settlers against future pirate attacks.In 2003 it was designated a World Heritage site by UNESCO.30
The site of Casco Antiguo has a mix of architectural styles that reflect the country's cultural diversity: Caribbean, Republican, art Deco, French, and colonial architecture.The National Theater is one of the main monuments in Panama City.The Metropolitan Cathedral is one of the Catholic buildings.The golden altar at St. Joseph Church was one of the few items saved during the pirate siege.During the siege, it was buried in mud and secretly transported to its current location.
The old quarter is one of the city's main tourist attractions, second only to the Panama Canal.The private and government sectors are working on it.An extension to the Cinta Costera maritime highway was built by President Martinelli around the Casco Antiguo.[32]
There were protests before the project was built.There was a lot of controversy surrounding the possibility that Casco Viejo would lose its World Heritage status.The List of World Heritage Sites in Danger was decided on June 28, 2012 by UNESCO.There is a citation needed.
The Historia General y Natural de Las Indias was published in 1535 and contains the first story about Panama.There are poets and novelists who were born in the city.[33]
Alfredo Sinclair is one of the most important Panamanian artists.One of the most important artistic collections in the country has been produced by him.His daughter has become a force in Panamanian art.One of the most well-known Panamanian artists is Guillermo Trujillo.Brooke Alfaro is an artist from Panama.Mario Calvit was one of the great painters in the country between the decades of 1950 and 1970.
There are many historic sites in Panama City related to the Panama Canal.Some of the sites are listed.
In addition to these tourist attractions, Panama City offers many different options when it comes to hotel accommodations, including the first Waldorf Astoria hotel to open in Latin America, and many small boutique style hotels that have smaller numbers of guest rooms and offer a more intimate vacation.The nightlife in the city is centered in two neighborhoods.Tourists visiting the city can find a variety of bars and nightclubs in these neighborhoods.[34]
The Amador Causeway is one of the newer tourist areas in the city.The area is being developed as a nightlife destination.There is a station and museum open to the public at Culebra Point on the island of Naos.There is a new museum on the causeway.The Guggenheim Museum Bilbao and the Disney Concert Hall in Los Angeles were designed by Frank Gehry.The Parque Municipal Summit is outside the city limits.The Amador Convention Center is being built in a joint venture with a Panamanian company.The Panamanian ministry of Tourism wants the convention center to host 100 international events a year.There were plans to build a campus for the embassy of the People's Republic of China in Panama, however the plans were dropped due to criticism from the general public and fears that tourists could easily assume that Panama was.Varela said that Amador must have more value.
The United States State Department notes that there are some violent crimes in the city.The United States State Department warns tourists that they may be in violation of local Panamanian laws if they purchase counterfeit goods.Same sex marriage is not recognized by the government in the city, but there are laws in place to prevent discrimination against the LGBT community.36
Panama City has excelled in many sports throughout the 20th century.These sports have produced famous athletes such as Roberto Durn and Rod Carew.These sports are managed by clubs and associations in the city.The baseball team is called Panama Metro.There are many boxing training centers in the city.There are many football clubs.
There are four professional teams in the city.
There are two main stadiums in Panama City, the National Baseball Stadium and the Rommel Fernndez Stadium.The Roberto Durn Arena has a capacity of 18,000.
There are both public and private schools in the city.The majority of private schools are bilingual.The University of Panama is one of the major public universities.There are private universities in Panama, such as the Catlica Santa Mara La Antigua.The main campus of the Nova Southeastern University is in Ft. Lauderdale, Florida, as well as the University of Oklahoma, the Central Texas University, and the Florida State University.
There are at least 14 hospitals and an extensive network of public and private clinics in Panama City.
The Tocumen International Airport is located on the eastern outskirts of the city.The Howard Air Force Base and Marcos A. Gelabert are the other airports that serve Panama City.The main hub for AirPanama is Marcos A. Gelabert Airport.The majority of flights are served by Tocumen.
There are frequent traffic jams in Panama City due to the high levels of private transport ownership.The Panama Metro, initially 14 km long and funded by an increase in taxes, began operation in 2004.40 and 41
There are buses in and out of the city at the bus terminal in Ancon.Bus service is used a lot in Panama.The terminal gets a lot of passengers from places like David and Chiriqui.International passengers from Central America can use the terminal.
Yellow taxis are available for transportation in Panama City.Taxis do not use a meter to measure fares, instead using a zone system that is published by the Autoridad de Transito y Transporte Terrestre, Panama's transit authority.Taxis used to be red.Taxi drivers charge more than usual.InDriver and Cabify are also used by many.Many taxi drivers in Panama City demanded the cessation of operations for the company.
The plaza is named after the workers and French engineers who worked on the Panama Canal.