US$100 billion to be invested in region's real estate
Some US$100 billion will be invested this year in real estate in Central America, according to the specialist magazine Summa.
Wednesday, May 14, 2008
Office buildings, industrial parks and luxury apartments are springing up everywhere from Guatemala to Panama, the Costa Rica-based magazine said. But corporate investment is spearheading the boom as companies increasingly see the region as a strategic springboard for business in the Americas.
A Special Report by Revista Summa, containing a comprehensive overview of the construction industry in the region.
Exotic Mayan archeology, stunning white-sand beaches, lush rainforests, unparalleled diving, dynamic culture, and charming colonial architecture.
The San Carlos region of Costa Rica, long a favorite of tourists, is fast becoming a top location for companies, especially those in the food and services sector, and construction is booming as a result.
The financial crisis in the US is creating an atmosphere of uncertainty in Central America and the magnitude of the impact it will have in the region still cannot be determined.
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