$45 million Logistics ParkFriday, June 23, 2017 In a 13-hectare site in the province of Colón, Panama, a logistics park consisting of 5 buildings measuring 5,000 square meters each will be built. According to the interactive platform "Construction in Central America" complied by the business Intelligence Unit at CentralAmericaData, Colon Container Terminal, S.A. Parker Electronic sets up in PanamaThursday, November 13, 2008 Parker Electronic, an Indian company based in Hong Kong, will sell its line of audio, video and household products in the country. Myron Isaacs, sales managers for Parker, said that the sale of products such as fans, refrigerators, washing machines, air conditioners, and televisions has already begun in Panama City at Rodelag. Meanwhile their exclusive store will sell "car audio" products. Colon Terminal in Panama seeks to double copacityWednesday, October 22, 2008 The Taiwanese Container Terminal in Colon has asked the Panamanian government to expand the concession for its container yard. According to the proposal, the company would get 12 additional acres in concession to convert them into a container yard, thereby increasing current capacity of 700,00 to 1.5 million containers. Colon Container Terminal expandsTuesday, February 3, 2009 The company paid the Panama Maritime Authority $11.3 million in advance for the right to use 12.3 hectares at Coco Solo. Wilfredo Jordan reports in a note published on Prensa.com that "On the new plot of land, the company will carry out investments worth $200 million." China's Coscon launches new multimodal service in PanamaTuesday, July 8, 2008 Cosco Container Lines (Coscon) launched a new multimodal service in the Panamanian port of Balboa that links Asian markets with Mexico, Panama and the Caribbean. The new service, known as the China Central America Express, was launched by the Cosco Sidney vessel that unloaded about 1,000 containers in Balboa for transport by rail to Colón. More Industrial Parks Planned in Costa RicaMonday, August 19, 2013 Four developments are in process of obtaining official and environmental permits, and could begin construction in mid-2014 or early 2015. Elfinancierocr.com reports: "One will be called Green Park and will be located in San Jose, Alajuela, another will be named Tech Park and will be in the district of Ulloa de Heredia, a third will operate as Life Free Zone & Business Park in El Coyol in Alejuela, and a fourth, called Lindora Park business park, will be located in Pozos de Santa Ana ". Panama: Expansion of Port Terminal in ColonThursday, January 19, 2017 The proposal is to extend by 20 years the concession of the container terminal at Puerto Coco Solo to Colon Container Company, which plans to invest $90 million in its expansion. From a statement issued by the Presidency of Panama: Hyatt signs agreement with Aldesa from Costa RicaFriday, December 12, 2008 Affiliates of Global Hyatt Corporation and Aldesa Inmobiliaria have announced the signing of a management agreement for Park Hyatt Monte del Barco in Guanacaste, Costa Rica, due to open in 2012. The 140-room resort will be located in the bay of Culebra, within the province of Guanacaste on the Pacific coast of Costa Rica, where Aldesa together with US-based resort designing company Winding Road, are developing Monte del Barco, a premier luxury lifestyle estate. Hyatt signs agreement with Aldesa from Costa RicaFriday, December 12, 2008 Affiliates of Global Hyatt Corporation and Aldesa Inmobiliaria have announced the signing of a management agreement for Park Hyatt Monte del Barco in Guanacaste, Costa Rica, due to open in 2012. The 140-room resort will be located in the bay of Culebra, within the province of Guanacaste on the Pacific coast of Costa Rica, where Aldesa together with US-based resort designing company Winding Road, are developing Monte del Barco, a premier luxury lifestyle estate. $594 million Port in ColonWednesday, November 16, 2016 Panama Colon Container Port has submitted an Environmental Impact Study to build a port terminal in Isla Margarita, Cristobal, province of Colon. Panama Colon Container Port Inc. presented the Environmental Impact Assessment (EIA) for the construction of a container port in the area comprising the sector Margarita Bay in the village of Cristobal, district and province of Colon. The project is called "Panama Colon Container Port" and requires an estimated investment of nearly $600 million. Contract Signed for Modernization of Puerto CortésFriday, March 22, 2013 The contract for the construction, equipment, financing, maintenance and operation of the Honduran port terminal, was signed yesterday by COALIANZA, Banco Ficohsa and the Philippino company International Container Services. The president of COALIANZA, Carlos Pineda, said that the signing of this contract with International Container Services (ICTSI) exceeded 25% of the estimated investment in the tender process, which initially was $500 million, with a final bid of $624 million . Panama: Port Works in Isla MargaritaFriday, May 13, 2016 It has been announced that construction will soon start on the next container port concessioned to Panama Colon Container Port, a work which will need an investment of $900 million. An article on Nacion.com reports that "... According to the company, the facilities will include a container yard with a capacity to handle up to 2.5 million TEUs per year, with 4 docks that will take up 1,200 meters of water front and it will be the first with the ability to accommodate Neo Panamax vessels." Panamanian Ports Reject Comparison LawWednesday, July 29, 2009 The ports argue that the new law, dubbed "equiparación" in Spanish, will make the port system less competitive. According to spokespersons from the ports of Balboa, Manzanillo International Terminal, Colón Container Terminal and Cristóbal, further dialogue is needed for a solution that benefits both sides. 4.8% Drop in Cargo Movement in Panamanian PortsTuesday, October 22, 2013 Between January and August, 4.40379 million TEUs were moved whereas the same period in 2012 the amount was 4,624,124 TEUs. "The decline in port activity is attributed to the global crisis, but particularly to the decrease in sales from the Colon Free Zone to Venezuela and Colombia, the main customers of this zone," reports Prensa.com. Honduras: Corporate Building Planned for $10 millionTuesday, November 25, 2014 An environmental impact study has been presented for the construction in Tegucigalpa of the Altia Technology Park complex, estimated at $10 million. An environmental impact study has been presented for the development of an office building called Altia Technology Park, which will be part of the Altia Smart City complex in Tegucigalpa and will be developed by Grupo Karims. |
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