A 236 units residential complex in Cocle, apartment towers and a 428 units residential complex in Chiriqui, are some of the projects to be developed in Panama in the coming months.
The information system"Construction Projects in Panama" prepared by the Business Intelligence Unit at CentralAmericaData, provides an up to date list of construction projects for which environmental impact assessment (EIA) studies were submitted to the Ministry of Environment of Panama in October 2016.
Office buildings, works on the network of aqueducts, an apartment tower and development works are some of the projects for which environmental impact studies were submitted in September 2016.
The report"Construction projects in Costa Rica - September 2016"prepared by the Business Intelligence unit at CentralAmericaData.com, provides an updated list of major construction projects for which environmental impact studies (EIS) were presented to the National Environmental Technical Secretariat (SETENA).
For the next two years the Municipality of Paraiso, Cartago, Costa Rica, will not issue permits for the construction of housing estates due to the scarcity of water resources.
The decision taken by the municipality to suspend the issuance of new building permits for the next two years is a response to a problem which has nobody has been able to solve for more than two years.Nacion.com explains that in 2014"... a judgment by the Constitutional Court had given a deadline of one year for this council to solve the water shortage, but it's been more than two years and they have not yet resolved the crisis."
High rates of urbanization in the region, though with differences between the various countries in it, present great opportunities for economic development, generating business options.
From a report by the World Bank:
Central America is undergoing an important transition, with urban populations increasing at accelerated speeds, bringing pressing challenges as well as opportunities to boost sustained, inclusive and resilient growth.
A contract has been awarded in Panama to Ingeniería Rec, SA for studies, design and construction of a building project with infrastructure called "Urbanization San Antonio" in the province of Veraguas.
In the tender for the supply of materials, labor, equipment and administration for studies, design and project construction of buildings and infrastructure for the "Urbanización de San Antonio" project located in the village of San Antonio, district of Atalaya, province of Veraguas, the company INGENIERIA REC, S.A. submitted a bid of $65.8 million, which competed with proposals from CONSTRUCTORA MECO, S.A., CONSTRUCCIONES CIVILES GENERALES S.A., ASINCRO PANAMA CORPORATION and that of Constructora San José (Panama Branch) S.A., who bid $66.9 million, $62.3 million, $58.1 million, and $56.2 million respectively.
In Panama a contract has been awarded to the company Ingeniería REC, SA to design and build a social housing complex in the province of Veraguas.
In the tender for the supply of materials, labor, equipment and administration for studies, design and construction of the building project and infrastructure called "Urbanization San Antonio" in the province of Veraguas, the company Ingeniería REC, S.A. submitted a bid of $65.8 million, in which it competed with Constructora MECO SA, Construcciones Generales Civiles SA, Asincro Panama Corporation and Constructora San José (Sucursal Panama), SA, who bid $66.9 million $62.3 million $58.1 million and $56.2 million respectively.
The lack of a development plan for the long term greater metropolitan area of Costa Rica is the main factor affecting the speed with which the spaces with the best conditions for construction are being used up.
Because of the disordered and unplanned manner in which the greater metropolitan area (GAM) has been developed, we are fast running out of the best pieces of land on which to build urban developments, concludes the latest report by the State of the Union.
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