News Release - January 24, 2001
$13 MILLION IN DEALS ON TRADE MISSION
Saskatchewan's trade mission to Chile and Panama is returning home with more
contracts for Saskatchewan businesses.
In Panama this week, Saskatchewan companies and educational institutions
announced seven agreements and projects worth more than $13 million.
"We have been working hard over the past few years to gain access to the
significant opportunities for Saskatchewan companies in Panama," Economic and
Co-operative Development Minister Janice MacKinnon said. "Our efforts are now
beginning to pay off. These agreements provide new markets, opportunities and
jobs for Saskatchewan companies. And they showcase our reputation for
excellence and innovation in the global marketplace."
Saskatchewan knowledge and technology will be put to work in several sectors
including agriculture, environment, mining, education and project management.
Deals include a $2.2 million soil and land conservation project in Panama, a
$760,000 system to monitor air and water quality in Panama and a further
$760,000 deal to study how efficient Panama's pork and cattle industries are.
The University of Regina is also negotiating with Panamanian officials on an
$8.9 million study to improve elementary education in the South American
Last week MacKinnon also signed an expanded agriculture agreement while in
"Saskatchewan companies have a wide range of skills and expertise to offer
Panama and Chile, and these agreements highlight that diversity," MacKinnon
said. "In pursuing business opportunities in these two countries, we are
strengthening the Saskatchewan economy and creating jobs and opportunities for
Eight Saskatchewan companies and educational institutions are on the mission,
led by MacKinnon and co-coordinated by the Saskatchewan Trade and Export
For more information, contact:
Bob Ellis/Carey Millar Gerry Adamson
Economic and Co-operative Development STEP
Phone (306) 787-1691 Phone (306) 787-9210