Has benefited from the Panama Canal, being the economic and financial center of the country. There has also been an increase in real estate investment and the opening of luxury hotels.
Panama City and Bay, seen from Casco Viejo.
Built and settled in 1671 after the destruction of Panama Viejo by the privateer Henry Morgan, the historic district of Panama City (known as Casco Viejo, Casco Antiguo, or San Felipe) was conceived as a walled city to protect its settlers against future pirate attacks. It was designated a World Heritage Site by UNESCO in 2003
Puente de Las Américas seen from Casco Viejo