What do environmental impact studies cost in Panama?
Environmental impact studies range in price from as little as $750 to $75,000, depending on the size of the project, impact on the environment, and depending on the environmental engineer you hire for the job. For large developments with high environmental impact, we recommend hiring a top quality environmental engineering firm to handle the environmental impact study, as they have the human resources and organization to prepare a study that will get approved under harsh scrutiny and difficult circumstances. For smaller, non-impacting projects, an individual environmental engineer may suffice. However, please note that the environmental impact study is detrimental to the permitting of the project, and it is important to hire qualified engineers to prepare your environmental impact study, otherwise, if the project is rejected by ANAM, you may be forced to wait up to 2 years to re-present the project for approval.
Environmental impact studies could be done with a price range as little as $750 to as high as $75,000, depending on the size of the project, impact on the environment. This also depends on the environmental engineer/engineering company you hire for the job. For large developments with high environmental impact, we recommend hiring a top quality environmental engineering firm to handle the environmental impact study. This will increase the chances of your project being approved even under harshest conditions. For smaller, non-impacting projects, an individual environmental engineer may be enough to carry out the study and get your project approved. it is very important to hire qualified engineers/company to prepare your environmental impact study. In case your project is rejected by ANAM, you may have to wait up to two years to re-present the project for approval.
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- What do environmental impact studies cost in Panama?