Central America request support for microtourism

Central America has asked international credit organizations and related entities for a loan of one billion dollars to facilitate the development of micro businesses in the tourism sector.

Thursday, October 16, 2008

The proposal was made at the First Central American Forum on Financing for the Tourism Sector that was inaugurated yesterday in Honduras.
The region is currently one of those areas with the greatest potential for tourism growth on the global scale, hence the support of the projects by micro businesses has been set as the main pillar for consolidating the isthmus as a competitive destination, said Ricardo Martinez, Honduran Minister of Tourism.

More on this topic

Honduras: $8 million for Banco de Occidente

December 2008

The funds will be used to finance agriculture, the environment, housing construction and for the municipalities in the country.

The loan, grated by the Central America Bank for Economic Integration (BCIE), was approved from the beginning of this year by Western Bank in order to facilitate the development of the sectors, indicated company president, Jorge Bueso.

Costa Rica to expand San José international airport with IDB assistance

December 2009

Terminal's operator will use $45 million loan to refinance debt, carry out key infrastructure and service improvements

The Inter-American Development Bank approved a $45 million long-term loan to help finance the expansion of the Juan Santamaría International Airport in San José, Costa Rica, and support its new operator's plans to refinance debt.

A Single Tender for Projects in Amador

July 2011

The Government is looking at unifying into a single tender the building of a new convention center and cruise ship dock in Amador.

According to the manager of the Tourism Authority, Solomon Shamah, it would speed up the projects and lower costs.

"This entity (Tourism Authority of Panama) supports the construction of the convention center and also estimates that the cruise port would be an asset to the causeway, so it is requesting the Panama Maritime Authority (AMP) to execute the projects together.

IDB to help Nicaragua restore credit flow to the productive sector

October 2009

A $20 million credit line will channel funds to the financial system for onlending to micro-, small-, and mid-sized productive enterprises

The Inter-American Development Bank approved a $20 million credit line to help the continuity of the flow of credit to Nicaraguan enterprises that have been affected by the international financial crisis.

 close (x)

Receive more news about Tourism

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


Promote the sustainable development of the tourism sector in Central America and the strengthening of the touristic business businesses in Central America.
Operates in Costa Rica, Guatemala, Honduras, Nicaragua and Panama
Phone: (504) 2232 6425

Company Profile

Stock Indexes

(Oct 26)
Dow Jones
S&P 500


(Oct 26)
Brent Crude Oil
Coffee "C"