Costa Rica to host a new real estate projectTuesday, August 19, 2008 Punta Leona will have a new real estate project, a condo-hotel type that is being developed by the Gordienko Family. The construction of phase one, made up of 60 units, will begin in October at a cost of $5 million. Tender: Feasibility Study and Design for SewersWednesday, August 26, 2015 A tender is being launched for a feasibility study and final design for the project to improve and expand potable water and sewerage in the department of Leon, Nicaragua. Nicaragua Government Purchase 6/2015: Guatemala Expects Larger Corn HarvestFriday, April 16, 2010 The Agriculture Ministry expects the upcoming white corn harvest to be 5.5% larger than its predecessor. According to preliminary estimates by the ministry, 28 million quintals would be produced in the 2010 season. Costa Rica: New Wind Energy ProjectsTuesday, May 3, 2011 Using an investment of over $240 million, five companies are preparing to start up wind farms. Italians, Costa Ricans and a power supply company in the province of Heredia are some of those interested in generating power using the wind currents of Guanacaste. Panama: $60 million Housing ProjectFriday, September 2, 2016 An Environmental Impact Study has been submitted to build a residential complex consisting of 3,222 social housing units in La Chorrera, in Panama West. The Environmental Impact Assessment (EIA) submitted to the Ministry of Environment in June 2016 by the developer Mac Instruments Industry Inc., indicated that the project is called "Altos de La Pradera" and will be located in the village of Playa Leone, district of La Chorrera, Panama West province. Nicaragua: $16 million Shopping CenterWednesday, February 24, 2016 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. Tax on Remittances in PanamaThursday, September 14, 2017 A bill that will be discussed in the Assembly proposes that a 5% tax be imposed on remittances sent from Panama to other countries. The initiative presented by Deputy Ruben De Leon also includes an article that regulates operations of money remittance houses. National Bank of Panama will Finance Hydroelectric ProjectsWednesday, July 8, 2009 Financing hydroelectric energy generation projects is among the new policies the Bank will adopt. Darío Berbey, General Manager of BNP, stated that this change in policies will help lower the cost of life in Panama. Costa Rican Refinery Moves ForwardMonday, February 8, 2010 The project to expand the oil refinery in Moín, valued at $1 billion, could begin in 18 months. The announcement was made by José Desanti, president of the state-owned “Refinadora Costarricense de Petróleo”, who explained they are finishing engineering studies with the Chinese National Petroleum Corporation. Job Creation to Improve in Panamanian ConstructionMonday, January 11, 2010 In 2010, the Panamanian construction industry is expected to generate more jobs than in 2009. Several large construction projects will begin this year, the most notable being the third set of locks of the Panama Canal, the extension of the highway known as the "Coastal Belt", and the construction of a sewer tunnel and a water treatment plan for the bay of the City of Panama. New Tourism Investments in NicaraguaThursday, October 27, 2011 With an investment of about $20 million the Institute of Tourism has announced the construction of two marinas in the Caribbean and a hotel in Leon. The investments are of Italian and Spanish origin, explained the head of the Nicaraguan Institute of Tourism (Intur), Mario Salinas. Guatemala: Seminar on Environmental RegulationMonday, April 20, 2015 On April 24 in Guatemala City an event will be held on the implications of environmental legislation in manufacturing. From a statement issued by the Guatemalan Exporters Association (AGEXPORT): Costa Rican Refinery Faces DelaysTuesday, March 16, 2010 The project has been set back because the joint entity created between Recope and Chinese petrol company CNPC has not conformed its board of directors. José León Desanti, executive president of Costa Rica’s Recope, explained they expect the joint company to start operations this week. Recope will Invest in Own Refinery with or without ChinaFriday, July 24, 2009 Costa Rica's state-owned petroleum company, Recope, will upgrade its Moín refinery whether or not the project with China is approved. With cooperation from the Government of Canada, Canadian companies will diagnose the state of Moín Refinery, to define which upgrades should be done, and how much should be invested. Costa Rica: More Tourist Projects in Central PacificMonday, June 15, 2015 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. |
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