BUSINESS OPPORTUNITY
$14 Million in Airport Cleaning Services in PanamaTuesday, September 14, 2021 Panama requires specialized cleaning and sanitation services for Terminal 1, 2 and Cargo Terminal, annex buildings and surrounding areas of Tocumen International Airport for a 36-month period. Panama Government Purchase 2021-2-02-0-08-LV-010013:
CONSTRUCTION PLATFORM
Logistics Park: $27 Million InvestmentThursday, July 1, 2021 In Panama, the Colón Logistics Park North project will have 04 warehouses of different types ranging from 7 thousand m2 to 35 thousand m2, including loading docks, electrical rooms, among other features, to be developed on a 19 HA site. The interactive platform "Construction in Central America", from CentralAmericaData's Business Intelligence Area, includes an updated list of public and private construction projects that have submitted environmental impact studies (EIA) to the respective institutions in each country. Agroclimatic Data: New System in PanamaMonday, June 28, 2021 MIDA and ETESA signed an agreement for the creation of a National Agroclimatic Data and Statistics System, which will be fed with data from agro-meteorological, meteorological and hydrological stations. This agreement, which was signed by the rector of the agricultural sector, Augusto Valderrama, and the general manager of Empresa de Transmision Electrica, S.A. Rice: $15 Million Investment in Industrial PlantFriday, June 25, 2021 In Panama, the company Agrosilos S.A., invests in the expansion of its facilities located in the district of Chepo, the works include the construction of three new silos that will be used to store rice. With the execution of this investment, this plant will now have nine silos, with capacity for 693 thousand quintals of rice storage, according to a press release from the Ministry of Agricultural Development (MIDA). Panama Ports Company Contract ExtendedThursday, June 24, 2021 The Panama Maritime Authority extended for a 25-year term and in favor of the Panama Ports Company, the contract for the development, construction, operation, administration and management of container terminals. The Board of Directors of the Panama Maritime Authority declared itself in permanent session as of May 27, 2021, for the purpose of analyzing compliance with Contract Law No. Corruption Case = Risk Rating DowngradeMonday, June 21, 2021 As a result of the corruption case in Costa Rica involving a shareholder of Constructora MECO, Fitch Ratings downgraded the company's long-term national rating to "A-(pan)" from "AA-(pan)", and at the same time placed it on Negative Watch. On the morning of June 14, 2021, some 700 agents of the Judicial Investigation Agency (OIJ) and the Public Prosecutor's Office (prosecutors) raided 21 homes, Casa Presidencial, Ministry of Public Works and Transportation (MOPT), National Viability Council (Conavi) and Public Transportation Council (CTP). Pharmaceutical Company Gets $14 Million LoanFriday, June 18, 2021 BID Invest granted Calox de Costa Rica S.A. a loan that will help the company invest in substantial improvements in its production capacity and seek international certifications to validate the quality of its products. The project has two main objectives. The first is to acquire the existing plant to make improvements in infrastructure and energy efficiency in order to become certified and expand its production capacity in the medium term.
BUSINESS OPPORTUNITY
Tender for $29 Million in Spare Parts for BusesFriday, June 18, 2021 Transporte Masivo de Panama S.A. tenders the supply of original spare parts and tools for Volvo chassis for Gran Viale B7R and Torino B290R buses that make up the company's fleet. Panama Government Purchase 2021-2-81-01-08-LP-003129: Uncertainty Due to Wave of ArrestsWednesday, June 16, 2021 In Nicaragua, following the arrests of political and business leaders, uncertainty has increased after local authorities arrested Luis Alberto Rivas Anduray, Executive President of Banpro. In the last weeks Cristiana Chamorro, Arturo Cruz, Felix Maradiaga Blandon and Juan Sebastian Chamorro have been arrested, these people were presidential pre-candidates and are accused of multiple crimes.
BUSINESS OPPORTUNITY
Tender for Special Risks Insurance in PanamaFriday, June 11, 2021 Transporte Masivo de Panama S.A. is bidding for the insurance of special risks, whose policy term must be of 24 months and the total insured amount is $75 million at first risk. Panama Government Purchase 2021-2-81-01-08-LP-003116: Telematic Control: $32 Million Contract AwardedMonday, June 7, 2021 The Ministry of the Interior of Guatemala awarded Innova Outsourcing S.A., the contract to provide leasing services for the implementation of telematic control. The companies Soluciones de Centroamerica S.A. and Tactical Group S.A. also submitted bids for this tender; however, the bidding board decided to reject both bids. Telefonica de Costa Rica's Purchase is ApprovedMonday, May 31, 2021 The Superintendence of Telecommunications, as Sectorial Competition Authority, approved the purchase by Cabletica of 100% of the operations of Telefonica de Costa Rica, which offers telephony and mobile Internet services nationwide. In July 2020, Telefonica announced an agreement with Liberty Latin America for the sale of the entire share capital of its Costa Rican operation, a transaction that amounted to $500 million. Initially it was reported that Liberty Latin America would make the purchase, however, plans changed and the transaction was made through Cabletica, a subsidiary of the business group. Panama: Plan to Reactivate TourismThursday, May 27, 2021 The Cabinet Council approved several impact measures for the reactivation of the tourism sector and the economy, including the Master Plan for Sustainable Tourism 2020-2025. The Master Plan for Sustainable Tourism (PMTS) 2020-2025 will focus on strengthening the institutional capacity of the ATP, investing in the country's tourism promotion, improving the tourism products offered by Panama and in infrastructure, maintenance and basic services. Avocado, Exports and OpportunitiesMonday, May 17, 2021 Due to the potential that Guatemala has and the commercial opportunities that are envisioned for the future, local authorities will begin to take steps so that the fruit harvested in the country is accepted in the U.S., the main importing market for the product. In order to start with the procedures to approve the phytosanitary controls imposed by U.S. authorities, Guatemala is making an inventory of pests in the crop.
CONSTRUCTION PLATFORM
$101 Million Investment Planned in Wind EnergyFriday, May 7, 2021 In the department of Jutiapa, Guatemala, a wind farm is to be built with an installed capacity of 67.5 MW through 13 positions with wind turbines with a diameter of 150 meters each. According to the interactive platform "Construction in Central America" of CentralAmericaData's Business Intelligence area, Eolica San Cristobal S.A., submitted to the Ministry of Environment the Environmental Impact Study (EIA) to develop the project called "Comapa Wind Project". |
|