In order to house companies that are about to start operations or for companies that need to expand their operations in Coyol Free Zone, the Costa Rican industrial complex is building new infrastructure for an area equivalent to 67,347 square meters.
According to information disseminated by the industrial park located in Alajuela, Costa Rica, 17,725 square meters are currently being built, corresponding to new expansion processes of companies already installed and requiring more physical space to operate.
Private investors are planning to build a four-lane highway, 31 kilometers long, which would serve as a beltway for vehicles passing through the municipalities of San Bernardino, Mazatenango and Cuyotenango, department of Suchitepéquez.
This new investment would be executed in a format similar to that of the Via Alterna del Sur (VAS), which is private and operates on a toll basis, and crosses the southern municipalities of the metropolitan area between these Villa Nueva and Villa Canales, in the department of Guatemala.
Fomilenio II will finance feasibility studies for four treatment plant projects and a one technical assistance project, all submitted by private companies, estimated at $32 million.
These five studies will have a cost of approximately $570,000, provided by FOMILENIO II, and will be used to determine the feasibility of public investments.Collectively, investors plan to invest $31.7 million.
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.
Infrastructure such as roads, ports and airports and utilities can now receive private investment.
The law was prepared by the Executive in conjunction with the private sector, represented by the Superior Council of Private Enterprise (COSEP).
Elnuevodiario.com.ni reports that "...The deputy in the Sandinista party Jose Figueroa, a member of the Commission of Economy and Budget, said that this law will allow private investors to be able to receive compensation for their investments, which can be kind of tax incentive."
This year multinational plans to invest that amount in remodeling, maintenance, new units, electronic commerce, and logistics and distribution.
From a statement issued by Walmart of Mexico and Central America:
Mexico City, 10 March 2016.- In 2016 Walmart de Mexico and Central America will invest an estimated $14.700 million pesos ($866 million), 17% higher than the total amount invested last year.
The construction of the 13,000 square meters building in the department of León started in November 2015 and will be ready in October 2016.
The Paseo Real Mall in Leon, 93 kilometers from Managua, is being built on an area of 19 blocks at the site of the former Gurdián on Avenida Debayle. The project required an investment of $16 million and its opening is scheduled for October 15, announced Lytton Cano, general manager of Inversiones Plaza León S.A. to El Nuevo Diario.
In the third quarter private construction projects grew at an annual rate of 5%, driven by residential projects, which grew by 21%, while non-residential fell by 14%.
From the report "Construction with Private Destination" by the Central Bank of Costa Rica:
The quarterly index of construction activity which is for private consumption continues to show positive annual growth rates.
Supermercados La Colonia has announced it will invest $27 million in opening five new stores in the second half of the year, totaling 12 thousand square meters of sales floor.
The company founded on Honduran capital has announced that with the five new stores the total stores it will have nationwide will rise to 35.
A sustained growth of private investment will not be enough to offset the decline in the amount of investment in public infrastructure over the next four years.
On top of the projection of less public infrastructure is an expectation of poor tax collection for the period in question, according to analysis by the firm Indesa. Company projections indicate that "...
The project Parque Industrial del Caribe in Costa Rica, includes the construction of an industrial free zone measuring 41,000 m2, an 8,300 m2 office center and an 11 000 m2 shopping center, as well as Ofibodegas and a hotel.
The companies behind the project announced plans to begin construction of the Caribbean Industrial Park (PIC by its initials in Spanish) in the first quarter of 2016.
Port of Singapore Authority plans to invest $400 million in its container terminal in Rodman, to increase capacity by two million TEU's and accommodate vessels carrying up to 24 rows of containers.
The construction of two additional docks and installation of eight gantry cranes is expected to allow for "... accommodating vessels with up to 24 rows of containers." With this project the aim is to expand port capacity at the Pacific entrance to the Canal.
Annual growth registered in the last quarter of 2014 reflected an increase of in completed construction areas, mainly industrial, commercial, residential and service works buildings.
From a report issued by the Central Bank of Nicaragua "Performance of private construction":
Overall results of activity in completed construction areas
In the fourth quarter, completed construction areas recorded 38.5% growth (- 16.1% in 2013.
It has been announced that in October a 11 thousand square meter mall will open in the east of the capital containing 30 shops and 26 other spaces for medical offices.
The new shopping center called Cronos Plaza is being constructed in Pinares in Curridabat and is expected to be opened to the public in April 2016. Company representatives said they have already negotiated 70% of retail and medical spaces available.
An announcement has been made for the construction of a 66 thousand square meter mall containing 190 stores, called Alta Plaza in Panama City.
The Alta Plaza shopping center will be located at the intersection of the Northern Corridor and Via Centenario, and is expected to open its doors in September 2015.
Gabriel Diez P, a member of the board of Alta Plaza, told Anpanama.com that "...