Large construction companies in the Asian country are interested in the mega projects that are to be developed in the region, especially in Panama and Costa Rica.
At the last Capac Expo Hábitat fair in Panama, more than 20 companies from China showcased their progress and took the opportunity to establish contacts with local public and private investors.
Seventeen Chinese companies who are operating in the region in sectors such as infrastructure, petrochemicals, telecommunications and high technology form part of the new association.
The purpose of the Association of Chinese Enterprises in Central America (Assecca), which will be based in Costa Rica, is to improve the promotion of their work in the region, create alliances and provide support in the different activities carried out in Central America.
China Harbour Engineering Company, one of the bidders in the tender for Line 2 of the Panama Metro and a contractor for road works in Costa Rica, is ineligible to participate in projects financed by the World Bank.
Given the criticisms over its main involvement (60%) in one of the consortia which submitted bids for the construction of the Panama Metro Line 2, a spokesperson for China Harbour Engineering Company (CHEC) Latin America argued that "..