$30 million for Commercial and Financial Center in Guatemala

The work, Interamericas World Financial Center, is currently in the excavation phase and will be completed by the middle of 2011.

Monday, January 19, 2009

Prensalibre.com reports: "The investment for this building is estimated to exceed $30 million (Q234 million), said Jose Sanchez Gongora, the project designer and coordinator, to the Prensa Libre daily.

The office and commercial building will have two towers with 18 floors and 7 basements.

It is expected to generate some 3000 jobs when construction begins.

More on this topic

$918 million in Approved Building Permits

September 2012

In the first seven months of the year the value of approved construction projects amounted to $918 million, 45.3% more than in the same period last year.

This July alone, the total approved exceeded $151 million, representing a 140% increase compared to July 2011.

Of the total number of permits approved $705 million worth was for projects to be developed in the capital, being mostly non-residential.

Costa Rica: New Investments in Heredia

October 2010

In the next two years the province will receive new urban, industrial and commercial investments.

County mayor, José Manuel Ulate, referred to construction permits in the last year, which would start in the next two years. The Ulloa district and around new Hospital San Vicente de Paul have received the most request for permits.

Applications to Build in Panama Increase

April 2009

The Department of Planning and Permits received 407 applications in January and February, 52 more than during the same period last year.

Of the 407 applications received, 121 were approved in January and 99 in February.

Panamá América reported on its website: "The statistics of the municipal Department of Planning and Permits detailed that there were 121 approvals in January and 99 that were completed in February.

Costa Rica raid finds scant regard for environment in tourist zone

May 2008

Three construction projects were halted and more than 50 land-strips illegally divided into building plots were uncovered when Costa Rican environmental inspectors launched a second raid in the popular tourist zone of Guanacaste.

Inspectors found that land was being moved and trees burned down to make way for hotels and golf courses.

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