Brazilian constructor sets up in business in Nicaragua

Brazilian construction company Queiroz Galvao has gone into business in Nicaragua.

Tuesday, May 20, 2008

From offices in Managua, Queiroz Galvao is seeking strategic alliances to develop a number of projects.
As well as construction, Queiroz Galvao is involved in food processing and oil exploration. The 55-year-old company has a workforce of more than 20,000 throughout Latin America.

More on this topic

President Funes Announces Projects Worth $2.5 billion

May 2013

They include the modernization and expansion of the International Airport of El Salvador, the concession for Port of La Union, and the generation of 350 MW of energy, among other things.

From a press release issued by the Presidency of El Salvador:

The President, Mauricio Funes, called today for the creation of a solid alliance involving all of the country's sectors in order to achieve acceptable goals of economic growth, employment generation and equitable distribution of wealth.

El Salvador: Brazilian Builders Awarded Hydroelectric Plant Expansion

January 2013

The Brazilian consortium UPD, composed of Queiroz Galvao and Andritz Hydro Inepar, has been awarded the contract for $189 million.

The Executive Hydroelectric Commission of the Lempa River (CEL) awarded the expansion of the power plant called "5 de Noviembre", for which it will pay $189.3 million to the Brazilian consortium UPD, composed of the construction companies Queiroz Galvao and Andritz Hydro Inepar.

Nicaragua: Gold, Energy, Wood, BPO

April 2012

The mining company Hemco is diversifying its activities and investing $138 million in hydropower, forestry and call centers in Bonanza on the Nicaraguan Atlantic.

Hemco Nicaragua SA is a good example of how private initiatives can contribute to the social and economic development of a country with its increase in investment following a strategy of diversification.

Nicaragua: Investors interested in western tourism

April 2008

The hospitality, security and the range of tourist attractions in the west of the country has piqued the interest of more than 20 investors from Europe, the United States and Central America who participated in the Tourism Forum called "Invest in Nicaragua: Explore New Horizons!"

The event, sponsored by Nicaragua's Official Agency of Investment Promotion, ProNicaragua, and the Cuenta Reto del Milenio, aims to highlight the potential of tourism of León and Chinadega. The goal is not only to develop new tourism projects but also to create strategic alliances with projects that are already in place.

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