The Panamanian government will most likely award contracts to Odebrecht,Meco-Transcaribe Trading, and Meco-MCM to improve the water supply in Panama and San Miguelito.
If there are no complaints, the $157.8 million contract to Odebrecht will be confirmed, along with one of $33.9 million for the consortium-Meco Transcaribe Trading and a third worth $96.5 million for the M2 consortium formed by Meco and MCM.
Approval has been given to exemption of import tax for a first contingent of egg cartons.
With this duty free import a solution is underway to the problem of local shortages caused by a fire in the only factory producing such packaging in the country.Panamaamerica.com.pa reports that "...Moldeados Panameños, S.A. estimated they will be able to restore operations in about 10 months. "
The government contract comprises administering, producing and supplying ‘super pave’ asphaltic concrete for 5 years.
For this purchase, the Public Works Ministry (MOP) had established a reference price of $105 per metric ton. Two of the companies, “CCE-IBT” and “Transcaribe Trading” bid $110 per ton, while “Constructora MECO” bid $114.
With this acquisition, the ministry intends to optimize its asphalt production plants, located in Algarrobos (province of Chiriquí), Roble de Aguadulce (Coclé) and Centenario and Pacora (province of Panama).
Oil and natural gas production companies on the island are potential customers for the Costa Rican metal industry.
Elfinancierocr.com reports that "Next Tuesday Costa Rican Trade Promotion Office (PROCOMER) will send a trade mission made up of businessmen from the metalworking sector to Trinidad and Tobago, with the objective of making the first links for possible future exports. "
5,932 tons of finished products will be awarded as well as raw materials to supply to the domestic industry during the first six months of 2014.
The auction, organized by the National Commission of Commodity (Conabolpro), will be held on Friday November 29 at the Bolsa Nacional de Productos S.A. (Baisa). Those wishing to participate have until November 21 to register.
The Pavana Solar photovoltaic park will be one of the first to start trading, supplying 25 MW to the national grid starting March 2015.
In March the Congress of Honduras approved a contract which enables the company Energía Básica del Grupo Lufussa, to connect its 25 MW photovoltaic plant, located in the south of the country, to the network of the National Electricity Company (Empresa Nacional de Energía Eléctrica or ENEE).
According to Jian Jun Kang, the company's marketing manager, the intention is to invest in three stages. The first step is to sell their products ranging from high-voltage cables and transformers, to solar panels, the second is to participate in electricity generation, either hydro or solar projects, and the third is set up a manufacturing plant in the country for their products to be exported to the U.S.
In Costa Rica the regulatory body has agreed to the commitment made by Essilor Internacional not to distort the market by blocking raw materials or price discrimination, as a condition for the purchase of Grupo Vision.
From a statement issued by the Commission to Promote Competition (COPROCOM):
The supply of ready made meals in supermarkets and convenience stores is growing at the same rate as consumer demand.
"Current labor demands, stress, the global crisis, security and the limited time available are some of the causes of these changes," said Christian Morales, commercial manager of Grupo Gessa (a conglomerate operating the supermarkets , Perimercados, Jumbo, Super Compro, Turribásicos and Saretto).
Live at the beach in the exclusive Punta Leona Resort, a dream with shaded white sand beach, pools, restaurants, wild life. New affordable, energy efficient home. The house - possibly the only energy efficient green...
Generates business opportunities by linking supply and demand of goods and services between Central America and the rest of the world.
Operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama
Phone: (506) 225 4786