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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 country. Last week MacKinnon also signed an expanded agriculture agreement while in Chile. "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 Saskatchewan people." Eight Saskatchewan companies and educational institutions are on the mission, led by MacKinnon and co-coordinated by the Saskatchewan Trade and Export Partnership (STEP). -30- For more information, contact: Bob Ellis/Carey Millar Gerry Adamson Economic and Co-operative Development STEP Regina Regina Phone (306) 787-1691 Phone (306) 787-9210 |
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