Social Housing: A $588 Million BusinessWednesday, July 26, 2017 Since 2015 to date, contracts have been awarded in Panama for $588 million to build 30,550 social interest homes, at an average price of $19,260 per housing unit. During the years 2015, 2016 and so far in 2017, the government of Panama has awarded $588 million in contracts for the construction of 30,550 social interest homes, paying an average price per housing unit of $19,260. Chinese Construction Company Accused of FraudWednesday, March 4, 2015 China Harbour Engineering Company, one of the bidders in the tender for Line 2 of the Panama Metro and a contractor for road works in Costa Rica, is ineligible to participate in projects financed by the World Bank. Given the criticisms over its main involvement (60%) in one of the consortia which submitted bids for the construction of the Panama Metro Line 2, a spokesperson for China Harbour Engineering Company (CHEC) Latin America argued that ".. New Hotel Franchise in Nicaragua and GuatemalaMonday, August 25, 2014 The American chain La Quinta Inn has announced that in 2015 it will begin construction of three hotels in Managua, Guatemala City and Quetzaltenango. From a statement issued by La Quinta Inn and Suites: Spanish Company to Build $124 Million Wind FarmThursday, November 3, 2011 Acciona Energía will construct and operate the 49.5 MW wind power plant in Chiripa, north west Costa Rica. The energy company was awarded the contract as a result of an invitation to tender held by Costa Rica's state-owned electricity and telecommunications provider (ICE). Nicaragua: 12 MW Biomass PlantWednesday, April 15, 2015 The clean energy company VIASPACE has announced that it will be designing and building, together with the Nicaraguan company Agricorp, a plant which generates energy from waste. From a statement issued by VIASPACE: Construction Starts at Bahía de TelaFriday, January 22, 2010 The touristic endeavor started with the construction of the first of two hotels, after the government completed basic infrastructure works. Juan Canahuati, president of the board of project Los Micos Beach & Resort, explained that one of the hotels belongs to Westin Hotel Resorts, and the other to Conrad Hotel and Resorts. Golf Course Underway at Bahía de TelaTuesday, September 21, 2010 $5 million will be invested in developing a golf course in the Honduran touristic project known as “Los Micos Beach and Golf Resort”. The 18-hole course will be designed by Gary Player, a renowned designer with over 300 golf courses around the globe, and will be funded with resources from the investors behind the group called “Desarrollo Turístico Bahía de Tela”. Honduras Lands $298 million For DamThursday, July 11, 2013 The Industrial and Commercial Bank of China will provide the funds to carry out the Patuca III hydroelectricity project. The plant is planned to be built in the eastern region of Honduras, and will have capacity to generate up to 524 megawatts of clean energy with a total price of $1.2 billion. Increases in Area Involved in Panama Bay CleanupThursday, June 25, 2015 Due to the rapid growth experienced by the city, it is estimated that it will take $1,321 millions more to complete the sewerage project in Panama city and Panama Bay. The plan which started in 2006 will require additional investment, needed to include in the initial design areas that have now been urbanized, mainly in Panama East and Panama West. The new estimates were made by the consulting firm Hazen and Sawyer. Panama: Bids for Park for $17 millionFriday, January 29, 2016 Global Service and Equipment Panama, Constructora Pirenaica, Constructora Meco and INGEPA submitted proposals to build the Municipal Park North, in Chilibre. The Mayoral Office of Panama received four proposals in the tender for preliminary studies, completion and adoption of the project, development and approval of construction plans, technical specifications and procurement and construction of Municipal Park North Phase 1 (community of San Vicente, in Chilibre subdivision district of Panama). Financing Sought for Technology ParkTuesday, April 30, 2013 Green Valley Business and Tecnology Park will be built on 230 hectares of land in Costa Rica, designed to accommodate high-tech companies. It is expected that the technology park to be built in Argentina de Grecia, will attract high-tech companies in areas such as manufacturing, health sciences and services. "Green Valley Business and Tecnology Park" will be built on 230 hectares of land which is currently farmland or disused land, said Francisco Bogantes, coordinator of the project, promoted by the Municipality of the town. Costa Rica: Tourist Resort for $12 millionMonday, October 17, 2016 An Environmental Impact Study has been submitted for construction in Perez Zeledon of a tourism development comprising of a hotel with ten villas and 50 rooms, plus a residential area. The Environmental Impact Assessment (EIA) study was submitted by Haciendas de El General S.A. in July 2016 to the National Environmental Technical Secretariat. The document states that the project includes "construction of a development for residential tourist use, which will include in general the following activities: Hotel Villas and Guestrooms, Hotel Arrival and F & B, Wellness Center, Education and Meeting Room, Heart of the house, Employee accommodation, organic farm, Villas Rise and development for sale: Community residences, brand residences. $43 Million in Second Phase of “Bahía de Tela”Wednesday, May 12, 2010 $43 million will be invested in developing the second stage of this Honduran tourism project, between July 2010 and October 2012. The new stage comprises a 120-room, 5-star hotel and an 18-hole golf course, plus a golf club, commercial spaces, a beach club and complementary infrastructure. El Salvador: $165 million for Residential ProjectWednesday, May 2, 2018 It has been announced that during the third quarter of 2018 work will start on construction of a residential compound consisting of 5,500 homes, and its first stage will begin in the municipality of Usulután. The companies that will be participating in the project, which will run for three years and will be developed at the national level, are Investment and Development El Salvador (Nami), Asinesa El Salvador and UyD Constructora. In the first stage 800 houses will be built, which will have three bedrooms, and a bathroom, kitchen, living and dining room, in a total area of 50 square meters. Awards: Hospital for $178 millionMonday, June 20, 2016 In Panama a contract has been awarded to Constructora Nova S.A. for the design, building and equipping of the new Hospital of North Panama. Also taking part in the tender called by the Social Security Department of Panama to build the hospital in Panama North were the companies International Business and Trade LLC. and Consultores Profesionales de Ingeniería S.A., whose bids totaled $163,271,332 and $187.500.00, respectively. |
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