The Panama Canal Authority is negotiating the purchase of 42 acres for the construction of a new port.
The future terminal will be located in the area of Corazal and will be the third on the Pacific coast.
The ACP has 70 acres adjacent to the 42 over which it is holding negotiations with the Administrative Unit of Reverted Properties (UABR), the manager of the land.
The area related to the Port of Limon now has its own Promotion Agency, with private and public operators, and an investment guide to promote its development.
The Agency for the Development of Limon is presented as "a nonprofit joint entity of public utility made up of entrepreneurs, chambers, universities, government agencies and civil society to develop the potential of the economy of Limon and improve the competitiveness of enterprises ", which has as its mission" to promote socio-economic development, through joint planning, coordination, training and dissemination across sectors involved in the development of Limon. "
The development of the Greater Metropolitan Area in Costa Rica has been halted awaiting a new proposal to combine the interests of over 50 offices and organizations.
Nacion.com reports that approval of the most recent proposal for a land use plan has stalled, "while the executive branch tries to reconcile the clash of interests between the various sectors involved in the matter."
Opposition to the expansion of the boundary for urban development in the greater metropolitan area is preventing the necessary renewal of the rules for land use.
Led by the Ministry of Housing, the Territorial Ordering Plan for the Greater Metropolitan Area created by the Institute of Housing and Urban Development, is in a period of consultation.
"The issue is controversial because it determines the type of use land may be given.
The construction of an airport capable of receiving aircraft carrying up to 42 passengers is the basis of a development plan by the Nicaraguan Institute of Tourism.
The 1,500 meter long and 30 meter wide airstrip is being built by Meco and is a few months away from being completed, which will allow a qualitative advance in the development of tourism in the unique island of Ometepe, which is formed from two volcanoes in the middle of lake Nicaragua.
The government has launched an aggressive plan to promote investments in two areas of most interest to tourism: the former U.S. base in Sherman, in the Caribbean, and Amador, on the banks of the Canal on the Pacific side.
Authorities in Panama have set in motion an ambitious plan to attract investment in two areas of most interest to tourism: the old Sherman U.S.
Construction has been growing like wildfire, so far this year more than $13 million has been invested.
The housing shortage experienced by the province of Chiriqui may slowly disappear, if the rapid pace of construction continues.
In just five months, residential and commercial buildings costing $13.8 million have been developed, and it is projected that the figure could exceed $49 million by the end of the year.
A document contains summarized development proposals for 541 major projects with a total investment budget of over $2,500 million.
The overall objective of the plan is to formulate a tool for territorial planning in the medium and long term (projected to the year 2024), which integrates proposed land development - rural and urban- at a local and sub-regional level, with the opportunities and challenges of each of the municipalities that are part of the Sub Region 1, in order to achieve feasible and viable proposals that will contribute to improving the economic, social, and environmental conditions and the quality of life of its inhabitants, providing the social agents with an instrument that will allow them to manage local development efficiently .
The loans will finance the national budget and development projects.
In an interview on Channel 12, the representative of Indo-American Development Bank in Managua, Mirna Lievano, said "We expect the final figure around to be around 170 million dollars for Nicaragua in 2011, for projects in the electricity sector, transportation, comprehensive care to children and budget support."
The entity will invest in several projects, fostering human and productive development and road infrastructure.
$105 million are earmarked for the Northern Longitudinal Highway (known as CLN in Spanish), $22 million for community development and $13 million for training and education.
"The Fomilenio Project foresees the creation of 13.000 jobs in its 5 years (2007-2012).
The project includes basic services, roads, areas for residences and commercial and recreational developments.
It is located in La Chorrera district and investment in infrastructure is estimated at $120 million.
To date, 20% of its total available area has been sold, said Ramón Arias, Project Director, who added that "this can't be seen as an urbanization, as it really is a city".
Panamanian president Ricardo Martinelli proposed a new alternative for a highway linking the Americas, through Kuna Yala.
At the Tuxtla Summit, hosted by Costa Rica, the proposal of a highway linking Colombia with Panama was discussed again. This road would travel through the so called "Darién Gap".
"This proposal has been rejected by environmentalist groups, arguing that a road through Darién will affect the ecosystem.
Uribe insists on building the road through the Darien Gap, meeting with old reluctance from Panama.
It is only 108 kilometers of road that are missing so that the Americas can be traveled by land from Alaska to Tierra del Fuego, but there are two arguments for refusing construction. One is that this is one of the few quasi-virgin regions left in the world, and it is feared that the inevitable progress that the road would bring would harm the environment and biodiversity, in addition to threatening aboriginal cultures.
Development Poles. This is how the Roble Group describes the housing projects it is carrying out in El Salvador.
The Miramar and La Hacienda housing complexes, both located 20 kilometers from the road to the La Libertad port, have brought development to the area and some inhabitants from the surroundings have had the opportunity to obtain direct employment, said Ruth Hasbun, Marketing Manager at the Roble Group.