Representatives from the US restaurant chain will be visiting Costa Rica in the next few days to meet with potential investors interested in developing the franchise in the country.The objective of the brand, already present in Panama, is to open at least ten premises.
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.
From March 28th to 30th potential international investors will learn about public and private projects in infrastructure, tourism, energy and industrial development.
From a statement issued by Proesa El Salvador:
The country will open the first International Investment Forum El Salvador 2017 and present the Country Brand for El Salvador on March 28, reported officials this morning from the Agency for Promoting Export and Investment in El Salvador (PROESA), during a press conference.
The business sector is questioning the decision made by the Constitutional Court to suspend the operation of two hydroelectric stations and is asking for decisions to be made based on legal criteria, giving priority to the national interest.
In the first auction only large investors may take part and from the second semester issues will be made for short terms and low amounts, aimed at small investors.
Using the online platform State debt securities can be bought by local investors, through brokers approved by the stock exchange.The regulations published in the official newspaper La Gaceta establish how the auctions will be conducted, and the settlement and interest payments.
The bureaucratic procedures and permits required by the Cuban government and some restrictions on the establishment of companies could represent obstacles for foreign businessmen interested in investing on the island.
Although in Cuba there exists sectors such as telecommunications and construction, which have high growth potential due to a backlog in investment, those who are knowledgeable about the real situation in Cuban say that it will be difficult to take advantage of these opportunities, at least for now.That is the perception of the former ambassador of Costa Rica in Cuba, Rodrigo Carreras, who in an interview with the newspaper Nacion.com, detailed the conditions of the economy of the island and the difficulties that could be faced by entrepreneurs interested in doing business there.
From January 16 to 21st, 2017 entrepreneurs and investors in the sector will be visiting plantations and taking part in business meetings as part of the International Festival Puro Sabor.
The Nicaraguan Chamber of Tobacco Growers is awaiting the arrival of investors and entrepreneurs from more than 30 countries involved in the sector.Juan Ignacio Martinez, president of the union, told Laprensa.com.ni that"...So far people from 23 countries in Latin America, Europe, Africa and Asia, Oceania have confirmed".
Of the $100 million in debt that the government intended to place on the local market, offers were received for only $1 million.
The government was not able to place all of the debt securities it intended to, only managing to capture the interest of one bank, which bought $1 million in debt at a one year term and with an interest rate of 6.5%.
In Panama investors to whom the company owes $4.8 million in debt bonds will have to wait for the bank to be sold before recouping their investment.
Balboa Bank and Balboa Securities, which are under intervention of the Superintendency of Securities Market since they were included in the Clinton list, do not have sufficient funds to honor the $4.8 million owed in respect of securities.
Before the end of the year a government agreement could be ready which would unify the various departments for promoting investment as well as the creation of the Guatemala Trade and Investment entity.
Prensalibre.com reports that "...Rubén Morales, economy minister, said the goal is to manage this body through an executive committee made up of representatives from the public and private sectors, and which would be chaired by the Minister of Economy."
Once the new law comes into effect minority investors will have access to information on transactions that represent at least 10% of a company's assets.
A statement issued by the Ministry of Economy, Trade and Industry explains that"...The initiative proposes specific reforms to Articles 26, 189 and adding Article 32 to the Code of Commerce, as well as amending Article 426 of the Civil Procedure Code.
The Chamber of Industry and the government have organized for November 9 and 10 an international investment forum which will include a business matchmaking service between companies and also conferences.
From a statement issued by Guatemala Investment Summit:
I have six building lots in the Punta Leona Resort ready for construction. I am looking for a partner to provide financing and or construction. Wanted partner for financing and/ or construction in the...
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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.
Operates in Nicaragua
Phone: (505) 2270 6400
Generates business opportunities by linking supply and demand of goods and services between Central America and the rest of the world.
Operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama
Phone: (506) 225 4786