With a loan from the IDB, the Dominican government plans to implement Phase II of the Integrated Tourism and Urban Development Program of the Colonial City of Santo Domingo.
The execution of the loan will be in a 6-year term, with a repayment period of 24 years, with an interest rate of Libor 3 months plus a margin, currently estimated at 3.78%, informed the government.
It is expected that in the following months will be built in Bahia Ballena, Puntarenas, a terminal with 93 spaces for berthing boats of different sizes in Costa Rica.
According to the interactive information system "Construction in Central America" of CentralAmericaData, Deep Trench Developes CR Adventures S.A. presented the Environmental Impact Study (EIA) to build a terminal with 93 spaces available for berthing boats of different sizes.
$200 million is the figure by which investment in real estate development is estimated to increase between this year and next in the nicaraguan tourist city.
Estimates by the municipality of San Juan del Sur are based on the growth that real estate investment has experienced in this area since 2014. According to Deputy Mayor Randall Granja Fajardo, there are several projects underway and another five are awaiting approval.
A tourism development, a medical center and a wastewater treatment plant are some of the projects that are planned for development in the country in the coming months.
Data from the interactive platform "Construction in Central America", compiled by the Business Intelligence Unit at CentralAmericaData:
An environmental impact study has been submitted for construction of a treatment and curative care center in a hot springs area in La Fortuna, Alajuela.
Data from the interactive platform "Construction in Central America" compiled by the Business Intelligence Unit at CentralAmericaData indicates that Ganadera Manoa de la Fortuna S.A. submitted an Environmental Impact Study (EIA) in August to the Setena to develop, in the district of La Fortuna, province of Alajuela, a medical tourism project.
In 20 thousand square meter plot of land in San Juan del Sur, Nicaragua, construction works have started on a luxury residential complex composed of villas, apartments, commercial area and other amenities.
The project will require a total investment of $40 million and will be developed in two stages, said Horacio Argüello Lacayo, president of the Santa Maria group, at the launch event.The first stage to be developed includes the construction of eight residential villas, three apartment buildings, a shopping area and a club house.Works are expected to be completed by 2020.
Local businessmen have announced that there are already studies on a plot of land measuring 2,500 m2 to build an international terminal in the northern Honduran Caribbean.
The private organization known as Oficina de Proyecto e Inversiones (IPO) plans to build an international airport in the city of Trujillo, capital of Colón, in the northern Honduran Caribbean.
An Environmental Impact Study has been presented for the construction in Guanacaste, Costa Rica, of a residential, touristic and commercial resort called Cabo Velas which is estimated at $746 million.
The Environmental Impact Assessment (EIA) submitted to the National Environmental Technical Secretariat in November 2015 by Amanda Tierra SA, indicates that development called "project for residential, tourist and commercial development, Cabo Velas", and will be located in the Tempate district in Santa Cruz, Province of Guanacaste.
An environmental impact study has been submitted in Costa Rica for a 14,000 square meter hotel development in the touristic region of the Gulf of Papagayo, Guanacaste.
In the environmental impact assessment (EIA) for the "DP6 Papagayo Project", filed with the National Environmental Technical Secretariat in July 2015 by Hoteleras Playa Pochote S.A., it is indicated that the hotel tourism development will have a maximum of 318 rooms.
A commercial and residential building and five apartment towers is what two companies plan to build in the form of a tourist resort in Punta Leona, on the Central Pacific coast.
Leumi Group has announced plans to build five apartment towers, both for holiday rentals and for sales. Meanwhile, Nisa de lPacifico is running a tourist, commercial and residential development, both investments are in one of the areas of greatest tourist development in the district of Tarcoles, Garabito, Puntarenas.
Just days after it was announced that due to lack of water no more permits would be issued for building in one of the most in demand tourist areas, the Mayoral office has backtracked and said that "it is not necessary to stop construction."
Downplaying the problem of overexploitation of the aquifer in Santa Cruz, the City Council has overturned the decision made days ago to prohibit the issuance of building permits in Tamarindo, Tempate and Cabo Velas, saying now that it is not necessary to stop building as solutions are being sought to the problem of water shortage affecting the area, as revealed by a report by the National Service for Groundwater, Irrigation and Drainage (Senara).
A hotel in Estelí is part of the projects that will benefit from the tourism incentives approved by the Nicaraguan Institute of Tourism so far this year.
From a statement issued by the Nicaraguan Institute of Tourism (INTUR):
TOURIST BOARD APPROVES OVER 10 MILLION DOLLAR INVESTMENT FOR TOURISM
INCENTIVES
Over 10 million dollars has been approved by the Board of Tourism Incentives in the third ordinary session held by the Nicaraguan Institute of Tourism (INTUR).
An announcement has been made that this year will see the start of construction of a hotel and condos on the Pacific coast in the municipality of Tola, Rivas department.
The project which will be developed in an area of 55 blocks in Sardinas Beach already has an environmental permit and was ready to continue with the process when the indigenous community of the area began a process against it.
Between January and November 30th tax breaks for private investment projects were approved as well as 9 public ones, estimated at $95.7 million, up 125% compared to the same period in 2013.
Added to the approval for incentives for investments worth $95.7 million are more supplies for tourism, including 12 hotels, adding 283 new rooms. It is expected that by the end of 2014 incentives for investment in tourism will reach $100 million.
The government announced that it will construct the stations at 80 kilometer intervals along the Pan American Highway and they will feature restaurants, parking and small stores.
From a statement issued by the Tourism Authority of Panama (ATP):
PANAMA September 25 (ATP) - The Tourism Authority of Panama (ATP) has developed a series of initiatives such as tourist resorts along the Pan American Highway, informed the Administrator of the institution, Jesus Sierra Victoria during the XIV International Tourism Forum PANAMCHAM, which took place at the Sheraton hotel.