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Wednesday, August 27 2014 @ 09:08 AM EDT

$270 Million In Contracts Signed During Expo Habitat

Real EstateThe International Fair of Construction and Housing "CAPAC Expo Habitat", which was held for five days in Panama City, closed with transactions for $270 million, said sources of the organizing group. The organizing committee chairman, Gabriel Diez, said the transactions made during these five days for $270 million, will materialize during the year through the contacts signed in business conferences, attended by entrepreneurs from twelve countries. Diez said in a statement that the fair, which took place between 12 and 16 September, was visited by over 40,000 people. Around 400 companies from Colombia, Canada, Spain, United States, Uruguay, Italy, Argentina, Mexico, Costa Rica, Japan, South Korea and Panama participated as exhibitors. (Panama America)

Editor's Comment: Fun with numbers. If they did a total of $270 million dollars in sales contracts at this fair, and it was attended by 40,000 people, that's an average of $6,750 spent by every person who went through the door. Or, if you divide the $270 million among the 400 participating companies, that's $675,000 each. Not bad. Worth the price of the booth, anyway...

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