President Martinelli has announced that Herrenknecht AG will manufacture boring machines in Panama for export to American countries.
A press release by the Presidency of Panama reads:
“After his return to Panama from Germany, where he received the two boring machines which are to be used for the construction of the Panama Metro, the president, Ricardo Martinelli, announced that the company Herrenknecht AG-Germanic, manufacturer of this type of machinery, will expand its operations Panama.
Infinity Energy Resources, owner of oil and gas concession in Nicaraguan waters, acquired seismic data for them.
Infinity Energy Resources, Inc. , an independent oil and gas exploration and development company, today announced that it has entered into a licensing agreement with Fugro Data Services AG that will allow the Company to acquire 2-D seismic data covering its approximately 1.4 million-acre oil and gas concessions offshore Nicaragua.
Vehicles made by Daimler AG can only be distributed and marketed in Guatemala by Comercial Omni, officials from this company say.
At a press conference, Omni warned the people of Guatemala to avoid buying these vehicles from Grupo Automotriz Q, because they would risk losing their vehicles, depending on judicial prohibitions.
Rodrigo Enrique Franco López said the contract with DaimlerChrysler AG, which provides the vehicles to Grupo Omni, is still in force under court orders and no other company in Guatemala can market them or use their symbols.
Lower electricity rates and skilled labor are the main factors attracting international companies to the east of the greater metropolitan area.
The cost of electricity is one of the differentiating factors in choosing to invest in the province of Cartago, since at this time, "... electricity rates or consumption of medium voltage are up to 60% lower compared to the Costa Rica Electricity (ICE), according to current rates published by the Regulatory Authority for Public Services (Aresep) in July 2015. "
According to the Italian Impreglio construction company, the contract for the Panama Canal expansion could be worth $3.7 billion.
Impregilo belongs to one of three consortiums pre-selected to expand the PanamaCanal. Its other partners are the Spanish Company Sacyr Vallehermoso SA, the Portuguese Company Somague, the Belgian Company Jan de Nul and the Panamanian Company Cusa. The Italians have a 37% participation.
An extension has been given, until April 20, to the deadline to prequalify for construction in a PPP model, for the Administrative Center of the State of Guatemala, a project which is estimated at $200 million.
The use of wood as a renewable fuel grew by 25% in the last 20 years.
In Europe and the United States, the demand for timber to be used as fuel is growing. Companies such as Vattenfall AB of Sweden, RWE AG of Germany and American Electric Power of Ohio Inc., which is the biggest consumer of coal in the U.S., are increasingly adapting their central power generation to wood consumption.
PRONicaragua, is the Nicaraguan Investment Promotion Agency, established in 2002. We are a non-profit, public-private institution whose mission is to generate economic growth and job creation in Nicaragua by attracting high-quality foreign direct investment. The Agency provides complimentary support services to qualified investors seeking investment opportunities in our country.
Operates in Nicaragua
Phone: (505) 2270 6400
San Miguel Industrial Park is the only park that owns a construction and consulting company. We offer the Free Zone location with the perfect building to suit your manufacturing needs. Our flexible layouts allow an easy future growth. Because of this fact we can offer exactly what our clients need at a very competitive price. Clients can own a building or they can enter a lease agreement. Because of this flexibility many world known companies have chosen to work with us. We are licensed to build in Honduras providing the best free zone laws in the industry maximizing profitability.
Operates in Honduras and Honduras
Phone: (504) 2556-7373 - (504) 94510322
As a Holding Company we are interested in helping other companies to succeed. We do that by investing in other companies with capital and or professional help to allow them to grow in exchange for ownership.
Operates in Panama and Panama
Phone: (507) 7202158
We service our customers by helping them in all aspects of the process of establishing businesses in CA also we provide them with business opportunities in the Financial, Comercial and Real estate sectors.
Operates in Costa Rica
Phone: (506) 2272 9650 - (506) 8845 5439