Costa Rica is planning to build an industrial park with more than seventy-one thousand square meters of construction, developed in three stages.
CentralAmericaData's "Commercial Feasibility Studies" provides an up-to-date list of public and private construction projects that have submitted Environmental Impact Assessments (EIA) to the respective institutions in each country.
Between the first quarter of 2020 and the same period of 2021, the total leasable area in Panama City increased by 4.79%.
Commercial real estate consulting firm Newmark Central America reported that the industrial and logistics real estate market inventory in the Panamanian capital totaled 1,420,480 square meters (m2) of total leasable area, a figure that exceeds the estimate of a year ago.
In the coming weeks, a 1,750 square meter industrial plant will be inaugurated, a complex in which 50,000 bamboo poles will be treated and processed per year.
The Bamboo Industrialization Project in Guatemala is located at kilometer 21.5 of the highway to the Pacific, in the municipality of Villa Nueva. The plans of the businessmen executing this investment are to supply the local market and export part of the production to Mexico, El Salvador and Honduras.
Calidad Inmobiliaria announced that it will build in Condado Naranjo, municipality of Mixco, a logistic center of 72 warehouses distributed in a four level tower.
According to information provided by the project's directors, the new industrial complex will be called "Districentro" and is currently in the launching stage.
In a 30-hectare lot located five kilometers from the Container Terminal in Moin, Costa Rica, construction will begin in the first half of 2021, a logistics complex that will focus on the management of local or imported cargo.
The project, called "Plataforma Logística Caribe" (PLACA), will be placed near Route 32, the road section from Limón to San José.
The Walmart supermarket chain plans to expand and remodel its distribution center located in the municipality of Villa Nueva, department of Guatemala.
According to the interactive platform "Construction in Central America" of the Trade Intelligence Unit of CentralAmericaData, Operadora de Tiendas S.A., submitted to the Ministry of Environment the Environmental Impact Assessment (EIA) to develop the project called, "Distribution Center of Guatemala."
An industrial plant for the processing of vegetables, fruits, grains, dairy products, roots and tubers will be built in the canton of Coto Brus, province of Puntarenas.
The Costa Rican government awarded the contract for the construction of this industrial complex to the company Vidalco Empresa Constructora. It is estimated that the overall investment will be approximately $3 million.
Code Development Group announced that it plans to build a new free zone in Grecia de Alajuela, Costa Rica, which would house companies in the high technology sector.
Directors of Code Development Group, who are also part of the group of partners of the Free Zone of Coyol, reported that the new business park would be named "Code" and that the project already has the endorsement of the municipality of Greece.
In Panama developers are being more cautious when making decisions regarding the construction of industrial projects, as they prefer to build buildings based on the needs and demands of customers.
In the current situation of the country, where investment in new construction, additions and repairs, reports a 9% contraction until October 2019, developers in the industrial real estate market have chosen to migrate to the "Built to Suit" (BTS) leasing model.
In an area of 39 thousand square meters located in the village of Pacora, the plans are to build an industrial building that will be used by a company manufacturing metal structures.
Industria Correagua, S.A. presented to the Ministry of Environment the Environmental Impact Study (EIA) called "Construction of Gallery No. 2".
Although in Costa Rica the level of unemployment of buildings in industrial parks is 8%, some precincts are facing threats, since companies could leave them because of the traffic congestion in the area where they are located and the travel time of employees.
For Colliers, other threats faced by industrial parks in the country to have their facilities unoccupied are that companies have several sites for the separation of their processes and competition for human resources.
A logistics park consisting of 11 warehouses is planned to be built on a 144,000 square meter plot of land located in the municipality of Villa Nueva, Guatemala.
According to the interactive information system "Construction in Central America" from CentralAmericaData, Bienes Inmobiliarios, S.A.
Ofibodegas California logistics park, consisting of 15 industrial buildings and located at kilometer 63 of the Puerto Quetzal highway, will begin operations in November.
The company which developed the new industrial complex of 19 thousand square meters was Construcciones Modernas, S.A. (Comosa), investing about $10 million in the project.
In the first semester of the year, 33 environmental impact studies were submitted in countries in the region for the construction of different types of industrial plants and improvements in existing ones.
The interactive platform "Construction in Central America", compiled by the Business Intelligence Unit at CentralAmericaData, includes an up to date list of public and private construction projects for which environmental impact studies (EIA) were submitted to the respective institutions of each country.
Plans are underway to build an industrial park on a 124-hectare plot in the province of Limón, Costa Rica, which will operate under the free zones regime.
At the end of January 2018 the company Zona Franca La Francia S.A. submitted an Environmental Impact Study (EIA) to build an industrial park. The project is called "Zona Franca La Francia", and will be located in the canton of Siquirres, province of Limón.
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