The Hopsa company has signed an alliance with Schuff, the giant steel producer looking to expand in the region.
In order to take advantage of growth in the demand for steel in Latin America, resulting from the economic boom being experienced by the region, the largest steel producer in the United States will enter the market in partnership with Panama's Empresas Hopsa, S.A.
An award has been given in Panama to the company Agro Constructores Civiles, S.A. for a contract to design and build 587 sanitation units in the district of Santiago, Veraguas province.
For this project, to be carried out in the village of Ponuga, district of Santiago, five companies submitted bids, of which only two met the requirements stated in the tender documents. In the end the contract for execution of the work was awarded to the company Agro Constructores Civiles, S.A.
The construction of the Dubai Center, with an investment of $20 million by Inversiones Sazitasa, will begin in Guatemala in May.
With 16 apartments, 2 for commercial use and 14 for office space, plus 6 basements for 600 cars, the Dubai Center will be built in Area 10. Inspired by the 7-star Burj Al Arab hotel in Dubai, the front of the Dubai Center will resemble a candle and "there will be palm trees constructed from stainless steel on the sides to give it a 'Persian Gulf’ style."
Materials and other inputs saw rises of 25 percent in 2011, with a quintal of iron having the highest price increase.
Construction materials experienced a 25.6 percent increase last year, compared to prices in 2010. A quintal of iron was the item with the most notable rise, going from Q337.7 ($ 43) in 2010 to Q423.58 ($ 54) in 2011, reported PrensaLibre.com.
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