Panama plans the construction of commercial buildings for storage, grocery and appliance sales, restaurants and other purposes in the province of Chiriqui.
CentralAmericaData's Commercial section provides an up-to-date list of public and private construction projects that have submitted Environmental Impact Assessments (EIA) to the respective institutions in each country.
In the municipality of Santa Lucia Cotzumalguapa, Guatemala, the Íntegro business group is building a new shopping center that will have a profitable area of 12,600 square meters.
The new shopping center will be located specifically at kilometer 88 of the main highway that connects Santa Lucía Cotzumalguapa with the departmental capital of Escuintla.
From January to June 2020, 57 environmental impact studies were presented for the construction of commercial buildings in Central American countries, and most of them are concentrated in Costa Rica and El Salvador.
The interactive platform "Construction in Central America", of the Trade Intelligence Unit of CentralAmericaData, includes an updated list of public and private construction projects that present environmental impact studies (EIS) to the respective institutions in each country.
After six months of restricted activity, as of September 28th the shopping centers and restaurants reopen their doors to the public.
Due to the outbreak of covid-19, most commercial activities have been suspended since March of this year. Currently, in the context of economic recovery, the government has been relaxing restrictions and more and more sectors are beginning to be reactivated.
After more than four months of closure due to the covid-19 outbreak, shopping malls in Guatemala received the endorsement to start serving their customers and as of July 31 have reactivated their operations.
With the publication of Ministerial Agreement 187-2020, the Health Alert System for the covid-19 epidemic was made official, which includes four alerts: red or maximum, orange or high, yellow or moderate, and green (new normal).
Using technology to measure the flow of visitors, reducing the furniture available in the food courts and implementing product deliveries in the parking area are part of the changes that the region's shopping centers must apply in this new reality.
Because of the threat of the spread of covid-19, since mid-March in Central America, the authorities agreed to close the shopping centers.
At the beginning of the covid-19 outbreak in most of the region's real estate markets, interest in commercial investments decreased, but in recent weeks the decline stopped and in some countries increases are already being reported.
Through a system that monitors changes in consumer interests and preferences in Central American countries in real time, developed by CentralAmericaData, it is possible to project short and long term demand trends for the different products, sectors and markets operating in the region.
Applying cleaning and prevention protocols in workplaces and shops, such as those stipulated by the health authorities, are the proposals of Costa Rican businessmen to resume the commercial activity that has been restricted since mid-March.
Following the spread of covid-19, in Costa Rica and the other Central American countries, governments have decreed mandatory quarantines and have also restricted the movement of consumers at certain times.
Costa Rican businessmen support a bill that seeks to modify or suspend payment methods and other contractual conditions of leases in cases of force majeure, such as the current health emergency.
In the context of the propagation of covid-19, the Costa Rican Chamber of Commerce (CCCR) sees with total positivism the plan of relief in the leases, as much for the families, as for the commercial activity, proposal made by the deputy Pedro Muñoz in the Project, file No. 21.851, reason why we requested to be convoked in extraordinary sessions for its discussion.
The Walmart supermarket chain plans to build a 5,772 square meter store in zone 4 of the municipality of Mixco.
The interactive platform "Construction in Central America" of the Trade Intelligence Unit of CentralAmericaData, details that Operadora de Tiendas, S.A. submitted to the Ministry of Environment and Natural Resources the Environmental Impact Assessment (EIA) to develop the project called, "Walmart Naranjo."
It is estimated that in the municipality of Antiguo Cuscatlán, in El Salvador, about 23% of the commercial establishments correspond to companies in the service sector, which are mostly beauty salons, supermarkets and clothing stores.
An analysis of commercial establishments in El Salvador, prepared by the Trade Intelligence Unit of CentralAmericaData, gives interesting results on the characteristics of companies operating in Antiguo Cuscatlán, a municipality in the department of La Libertad, according to their location and type of activity.
On November 8, the Pradera Vistares shopping center was opened in Zone 12 of the capital, which required a $53 million investment.
Pradera Vistares is part of a mixed-use complex, which includes residential spaces. In October 2017 CentralAmericaData reported that Inmobiliaria Vistares, S.A.
In Zacapa, the Multi-Proyectos shopping center opened its doors. It has 77 stores, movie theaters, food court area and other amenities, in a total area of 14,800 square meters.
Directors of Corporación Multi Inversiones (CMI) explained that the construction of the new shopping center took 11 months and required a $16 million investment.
In Guatemala, Corporación Multi Inversiones will invest over the next few months in the expansion and remodeling of three shopping centers and the construction of two more.
Managers of Corporación Multi Inversiones (CMI) said that the shopping centers of Pradera Chimaltenango and Pradera Xela, will be expanded, while that of Pradera Escuintla will be remodeled. Then they will continue with the opening of Pradera Petapa and Pradera Zacapa.
In the first quarter of the year, 127 environmental impact studies were presented for the construction of commercial buildings in Central American countries, with Costa Rica and Guatemala representing most of the estimated investment.
The interactive platform "Construction in Central America", compiled by the Business Intelligence Unit at CentralAmericaData, includes an up to date list of public and private construction projects for which environmental impact studies (EIA) were submitted to the respective institutions of each country.