The procedures required for making investments of over $500,000 outside of Managua can now be made through a single window that includes all entities.
The Superior Council of Private Enterprise (COSEP) has announced that the window is already operating in Managua, and will allow companies to make investments in the departments in the interior of the country, centralizing all of their paperwork in one place, without having to manage multiple processes in different institutions.
In the next five years the government expects to attract new private investment to add to the 1300 MW of renewable energy projects in the energy matrix.
Currently, 80% of power generation plants operating in the country are privately owned, and the Ortega administration has announced that it will continue to offer attractive terms to encourage the arrival of new private investment into the energy sector.The 2017-2030 plan envisages the incorporation of 1300 MW into the energy matrix,"... '(projects) that are open to all national and foreign investors who are participating.'"
A portfolio of 105 infrastructure projects worth $1.6 billion, to be developed using public-private partnerships is being promoted among foreign companies.
During the Guatemala Investment Summit the government of Guatemala presented its portfolio of projects to local and foreign investors, in search of options to finance and develop them using public-private partnerships.
Construction plans for the province include 150 thousand square meters in construction of commercial and residential centers in the coming months.
Of the eight planned projects, four are mixed-use complexes combining residential, commercial and entertainment buildings, and another two are the mega project called Oxigeno and San Francisco square.In the residential segment, the other two projects, Las Flores, and Bambu, amount to 40 thousand m2 and 17,600 m2, respectively.
An environmental impact study has been presented for the construction of an industrial complex composed of multiple warehouses and office spaces in the province of Cartago.
In the Environmental Impact Assessment (EIA) submitted by Espirit International SA to the National Environmental Technical Secretariat in January 2016, it indicates that the development will be called "Parque Industrial Múltiple" (Multiple Industrial Park) and will be located in the district of San Nicolas, Province of Cartago.
The value of residential construction in Panama grew by 21.6% in 2015, going from $1,028 million in 2014 to $1,251 million in 2015.
Areas in Colon (77.5%), Arraiján (38.5%) and Panama (30.5%) were the ones that had the highest annual increases in residential construction, according to the National Institute of Statistics and Census (INEC). Non-residential buildings, however, fell by 8.6% in the same period, and recorded a value of $820.2 million.
The Varela administration has presented plans to develop projects this year, announcing that after negotiating with contractors, work will resume on 'Health City 'and 'Sports City' in Chiriqui.
Among the new projects that President Varela announced for this year, are the first 'Higher Bilingual Technical Institute ", with capacity for 5000 students, the fourth bridge over the Canal, Metro line 3, the expansion of the roads Panama -Arraiján (eight lanes) and Chorrera-San Carlos (six), the new water treatment plants in Santiago, Gatun and Sandy, and expansion of those in Chilibre and Sabanitas, sewerage networks and treatment plants in Santiago and David, the extension of the 'hydraulic ring' in the capital, and the construction of sewerage systems in district capitals.
Plans are being made to develop a large-scale supermarket measuring 9,000 square meters in Santa Ana, west of San José.
The promoter of the project, PRISMAR de Costa Rica SA, stated in the Environmental Impact Assessment (EIA) submitted to the National Environmental Technical Secretariat, that the development will be called "Pricesmart Santa Ana", and will be built in the Santa Ana district of Uruca province of San José.
Registration has been opened in El Salvador for investment projects that require complementary public infrastructure works to be financed with funds from the Program Apuesta por Inversiones´ Fomilenio II.
There will be about $75 million available for the API Investment Program, part of the $277 million donated by the US government through the Millennium Challenge Corporation (MCC), supplemented with $88 million contributed by the Salvadoran government, making a total of $365 million for investing in a period of 5 years.
Construction of roads, renovation and expansion of airports, an industrial park in Zacatecoluca and works at the border crossings in La Hachadura and Anguiatú are the top five proposals to be developed using funding from the U.S. aid program.
The proposals presented to the Millennium Challenge Corporation (MCC) will be developed through public-private partnerships, and will receive technical and financial support for the creation of the partnerships. Wiliam Pleites, executive director of the board of FOMILENIO II, presented the first five projects and said that three new proposals will be presented to be analysed and approved by the MCC.
Roads and electrical works, residential projects and gas stations are some of the projects for which environmental impact studies were presented in May in Guatemala.
The report "Construction Projects in Guatemala - May 2015", prepared by the Business Intelligence Unit at CentralAmericaData.com, provides a list of the key construction projects for which environmental impact assessment studies (EIA) were presented in May to the Ministry of Environment and Natural Resources (MARN).
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PRONicaragua, is the Nicaraguan Investment Promotion Agency, established in 2002. We are a non-profit, public-private institution whose mission is to generate economic growth and job creation in Nicaragua by attracting high-quality foreign direct investment. The Agency provides complimentary support services to qualified investors seeking investment opportunities in our country.
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As a Holding Company we are interested in helping other companies to succeed. We do that by investing in other companies with capital and or professional help to allow them to grow in exchange for ownership.
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