News out of Panama is that the Red Frog Beach Resort has settled the dispute with its workers unions and will begin building the resort again.
It is my understanding that the development has made zero progress over the past 18 months or so. Of course zero progress in Panama can actually mean negative progress, as the jungle takes back what has already been cleared.
Below is a letter that was received by one of the Red Frog owners:
Dear Client/Owners:
A successful culmination to the protracted strike at RF has occurred. Pillar is at this time putting into place events required to restart construction within Phase 1. They submitted the following announcement:
Red Frog Clients
We are very pleased to report that we have finally come to a complete agreement with the Labor Union and the labor strike was officially settled today!!!
Now that we have been able to make this huge step forward, please understand that there are several processes that we need to work through before we can actually get back to work. These processes will take some time as we continue to work with the Labor Ministry and all past Pillar Construction employees. During that process, we will also start to slowly mobilize our operations team as well as work to complete the conversion process for those few remaining clients.
Again, we wish to express our great appreciation to you all once again for your tremendous patience! We will be able to provide more details on our next Conference Call on Tuesday October 28 at 3:00 pm CST. We will be sure to send another reminder for that call the week before with all of the call in numbers. So thanks again and we look forward to getting back to work and making this beautiful project a long term success!
Thank you from the Entire Red Frog Team!
I am unsure of what to make of this. It was my understanding that the locals were not treated very fairly by the Red Frog group. Perhaps Red Frog has changed and made amends. I will continue to watch this situation with interest.
*image source: bocas-del-toro.org
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