BUSINESS OPPORTUNIT
Tender for $10 Million in Road Works in the Dominican Rep.Wednesday, May 19, 2021 The Ministry of Public Works and Communications tenders the construction, reconstruction, resurfacing and asphalting of several sectors and streets in the province of Santo Domingo and the National District. Dominican Republic Government Purchase MOPC-CCC-LPN-2021-0010: Retail, Opportunities and PreferencesMonday, February 22, 2021 Typical frozen foods, traditional beverages from the countries of origin and vacuum-packed fresh vegetables are some of the products that have sales growth potential in U.S. supermarket chains. There are many opportunities for companies in the region, since it is estimated that two out of every three products placed on the shelves of U.S. supermarkets are of Latin American origin. Office Market, Telecommuting and the Post-Pandemic EraTuesday, January 19, 2021 Since it is expected that when the pandemic is overcome, 4 out of 5 companies will opt for hybrid working modalities, which contemplate face-to-face and distance activities, the offer of offices will have to be adjusted to the new market conditions. Before the pandemic, it was estimated that only 30% of companies were betting on modalities that included face-to-face and telecommuting activities.
GEOMARKETING SOLUTIONS
Fast Food: What is the Best Location?Friday, October 9, 2020 Taco Bell, located on 6th Avenue in zone 9 of Guatemala City, has a potential market of 315,000 consumers 15 minutes away by car. Of this group of people, 26% are interested in fast food and 15% in Mexican food. Using the Geomarketing solutions we have developed for our clients, CentralAmericaData's Trade Intelligence team analyzed the environment of some of the main locations of fast food restaurants operating in Central American countries. Below is an extract of the study's findings. Biogas Plant: International Tender AnnouncedFriday, October 2, 2020 In El Salvador, the terms of reference were announced to be published in November 2020, with details of the tender to design a biogas plant in the country. According to directors of the Executive Hydroelectric Commission of the Lempa River (Cel), an ambitious investment plan is being worked on which, in addition to the new biogas plant, includes the development of new geothermal plants. Price Control Declared in GuatemalaFriday, March 27, 2020 The Ministry of Economy will be in charge of setting the average price list of the products of the basic basket that will be in force in the country. Article 3 of the decree approved by the Congress of the Republic explains that "... the Ministry of the Economy will set the average price list as of March 15, 2020, for each of the 34 products that make up the Basic Food Basket in its different forms of presentation, unit, pound, quintal, etc." Energy: Investment in Biogas Plant AnnouncedWednesday, March 4, 2020 In El Salvador, the competition rules are being prepared to design and build a plant that will generate energy from solid waste and wastewater, which will be located on the Acelhuate River. The project of the new plant, which will have an installed capacity of 5.2 MW and whose investment will amount to $32 million, was announced by the presidency of the Executive Hydroelectric Commission of the Lempa River (CEL). Costa Rica: 5% Tax on CementTuesday, February 18, 2020 The Assembly approved in first debate a bill that seeks to tax the sale and self-consumption of cement that is imported or locally produced. The initiative establishes that the tax will be on cement imported and produced nationally, in bags or in bulk, for sale or self-consumption, of any kind, whose destination is the consumption and marketing of the product at the national level, reported the Legislative Assembly. Plan to Speed Up Customs ProceduresFriday, January 31, 2020 In Guatemala, the public and private sectors signed an agreement to implement the National Plan for the Reduction of Time in Definitive Imports, which contains specific measures to reduce costs in customs. The action plan is the tool that defines recommendations to advance in the facilitation and modernization of customs that will result in improving the country's competitiveness and business climate, reported AGEXPORT. Exporters and Opportunities for 2020Wednesday, January 22, 2020 The marketing of organic shrimp, vegetable meat, Monk Fruit and carob are some of the innovative market opportunities that Guatemalan exporters have identified for this year. For the "Best Markets, Products & Services 2020 Study", prepared by the Market Development and Trade Promotion Department of AGEXPORT, 27 high potential markets for Guatemalan products and services exports were selected, identifying 18 countries and 9 states of the United States, which together with the 351 tariff items generate more than 900 commercial opportunities for the Guatemalan exportable supply and international markets, informed the sector's union. Costa Rica: Closer to Expanding Route 27Wednesday, January 22, 2020 The government and the concessionaire Globalvia signed a letter of understanding for the negotiation process of the studies for the expansion of the road from San Jose to Caldera. It is estimated that the work will cost about $600 million, a cost that would imply an extension of the concession contract for another 15 years, starting from the expiration of the current concession. Travel Agencies: Evolving to SurviveThursday, January 16, 2020 The rise of the Internet as a means of organizing and booking travel is generating headaches for companies in the sector, which agree that the strategy should be to focus on marketing complete packages in very specific market niches. The difficult financial situation that the agency Viajes Colon is going through in Costa Rica is just one example of the problems that have affected travel agencies for several years. Tender for 20 MW Solar Plant AnnouncedTuesday, November 5, 2019 The Salvadoran government is preparing to begin the tender process in 2020 to build a new photovoltaic plant in Usulután, which will have a capacity of 20 MW and will require an investment of approximately $19 million. The project of the new solar power plant is contemplated in the General Budget of the Nation of 2020, therefore, if approved by the Legislative Assembly, the Executive Hydroelectric Commission of the Lempa River (CEL) will initiate the public tender next year. Costa Rica: $42 Million Industrial InvestmentWednesday, September 4, 2019 Kimberly-Clark announced that it will invest in its personal care manufacturing plant, distribution complex and global service center. The investment will bring state-of-the-art technology to the factory in Cartago to support the increased production of its baby and child care and women's care businesses, according to the Costa Rican Coalition of Development Initiatives (Cinde). Bottled Water: A Promising MarketThursday, August 22, 2019 Last year, bottled water sales in Costa Rica were estimated at $89 million and they are expected to increase up to $106 million in 2023, a behavior explained by the downward trend in the consumption of carbonated beverages. Although companies such as Florida Ice & Farm Co (Fifco) and Coca Cola Femsa have the opportunity to grow in the Costa Rican market, they will also face competition from new entrants such as Premium Brands. |
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