The Costa Rican companies MECO and Productos de Concreto have formed an alliance with the Nicaraguan Lacayo Fiallos to create the construction company Concrenic, which has already started operations in Nicaragua.
With a joint investment of $5 million, the company Concrenic has announced the start of operations in Nicaragua, where it will specialize in the construction of pipes, pavers, blocks, poles and tiles, among other products.
While in the US the number of man hours needed to build a house is 9.4 hours per square meter, in Costa Rica it takes between 40 and 60.
Low labor productivity, on top of the cost of building materials, social charges and high costs of other materials such as energy, are preventing firms from being more competitive in an industry where both end house prices for completed works and gray works, exceed those in neighboring countries.
For a period of 20 years Corpus Christy Mineral Development could extract nonmetallic minerals in the village of Las Margaritas, district of Chepo.
The company could "... exploit 256.33 hectares in Las Margaritas and if the comply with the obligations satisfactorily, could have the permit extended for 20 years as stipulated in the contract ...", reported Prensa.com.
The construction of the hydroelectric station Tumarín, and the eventual realization of the Grand Canal project, have created great expectations for business deals in the sector.
Holcim is waiting for clear signals about the canal project, a project that could represent a great opportunity for the company.
On the other side is the hydroelectric station Tumarín, over which they have had been making approaches for several years, even though it has not yet fully started. "While the company has had to reorganize, expand its staff and equipment, and increase its investments in order to keep pace with the growth of the sector, the construction of the canal (a Pharaonic project) will force the two cement companies to work flat out to meet the requirements for the work," noted an article in Confidencial.com.ni.
With growth in infrastructure projects and general construction, companies in the sector are investing in improvements and expansion of their production capacities.
The companies Cementera Mexicana (Cemex) and Productos Industriales de Concreto (Proinco, SA) with investments of $5.8 million and $3.2 million respectively, are counting on increasing their operating capacities. Meanwhile the company Cementos and Derivatives is making an investment of $600,000 in expansion works.
The Guatemalan PreCon Group has opened its production plant at km 17.5 on the road to Leon.
Investment in new plant was $2 million, and the production area is 1,400 square meters.
An article in Trincheraonline.com reports that "The products that will be marketed in Nicaragua are building materials such as blocks, ‘Blocón’ system, paving stones, curb stones and slabs or beam with with LK moldsh."
We manufacture Eco-Bloques and Eco-Pavers. Eco-Bloques are made from native soil with less than 10% cement. 3 times harder and 3 times better insulating than a cement block wall.
Operates in Costa Rica and Panama
Phone: (506) 8814-0651 - (506) 8314-4499
Manufacturer representative of Construction Chemicals products for Central America, Caribbean and Panama
Operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama
Phone: (507) 217-2711 - (507) 6616-6778