Canadian Constructors Look for Partners in Costa Rica

A mission of companies from the construction sector is in the country in search of commercial partnership opportunities.

Monday, September 13, 2010

The Canadian companies making up the commercial team are Armorroof, Bionest, Menova, Viceroy Homes, S.A. Armstrong, Nexcon and Energy Savings Products.

The products offered by these businesses include, "efficient air conditioning and refrigeration systems, construction approaches, sewage treatment plants, shingle roofing, solar panels and water pumps," reports La Prensa Libre.

The meetings are being held in the El Pilón room of the Costa Rica Country Club in Escazú.

More on this topic

The Arrest of Odebrecht's President

June 2015

In Panama questions have arisen about the impact that will be felt from the arrest in Brazil of Marcelo Odebrecht on the many projects awarded to his company in the country.

The arrest of Marcelo Odebrecht has generated uncertainty in important projects awarded to the Brazilian company, some of which are under implementation or have recently been awarded such as the Metro Line 2.

The Paradox of the Construction Sector in Costa Rica

October 2014

In a country with serious public infrastructure problems, world class construction companies have to look for projects in other markets.

Added to the slow pace of defining and implementing public works is the small amount of construction projects being developed in the country, compared, for example, with the Panamanian economy.

Honduras Pays Construction Debts With Cement

September 2013

Plagued by serious liquidity problems, the government of Honduras is using cement as currency to pay off its debts.

Latribuna.hn reported that the president of the Honduran Chamber and Construction Industries (Chico), Alejandro Alvarez, revealed that "The government is using cement destined for social works to pay off debts held with some contractors and construction companies."

Tax Differences Between Builders and Developers

August 2012

The direct connection between the specific activities of construction companies and real estate developers can lead to serious errors in income tax statements in Panama.

Construction companies have three options for determining the yearly income on which they will be taxed, while development companies which own real estate projects, and which do not qualify for the special rate of item a) of Article 701, are subject to declaring income according the date of registration of deeds in the Public Registry of Panama, which recorded the transfer of the real estate property.

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