In Zone 14 of Guatemala City a 13-level tower is planned to be built that will house 70 apartments, will have four basements and will require an investment of approximately $5 million.
According to the interactive platform "Construction in Central America" of CentralAmericaData's Business Intelligence area, Delfines S.A., submitted to the Ministry of Environment the Environmental Impact Study (EIA) to develop the project called "Terra Delfines 2020."
During the first six months of 2020, $138 million in ceramic products were imported in the region, and almost 51% were purchased by companies in Costa Rica and Guatemala.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
The National Electrification Institute bids the construction of medium and low voltage distribution networks and power lines, works that will be carried out in different areas of the country.
Guatemala Government Purchase 14005360:
"The scope of the contracting has a two-year term, during which time it is estimated to require around 1,176 works in the same number of communities.
The government and businessmen agree that 2021 will be a good year for construction, as the Bank of Guatemala projects that the sector will grow by 7.5%, while the builders' guild estimates that activity will increase by 3%.
According to official forecasts made by the central bank, it is estimated that during 2020, economic activity in the construction sector fell by 7.4% due to the crisis caused by the outbreak of covid-19.
During 2020, it is estimated that the average price of a ton of steel increased 19%, a rise that impacts the construction industry and is explained by the increase in logistics costs and the suspension of the extraction of the material due to the outbreak of covid-19.
Central American businessmen report that during last year, which was marked by the sanitary and economic crisis, the average price per ton of steel increased by $130, going from $670 to $800.
In Zone 10 of the capital of the country, a 14-story tower is planned to be built, which will house 50 apartments, will have five basements and will require an investment of approximately $6 million.
According to the interactive platform "Construction in Central America" of CentralAmericaData's Business Intelligence area, Torre Diez S.A., submitted to the Ministry of Environment the Environmental Impact Study (EIA) to develop the project called "Edificio Bonadiez".
The competitive advantage of low costs of Central American companies and the possibility of making strategic alliances in Mexico and the U.S., are some of the opportunities that architectural services companies could take advantage of.
For the internationalization of this type of service, companies in the sector recognize some challenges and barriers such as the lack of information on internationalization of services, lack of knowledge on how to reach international clients, differences in design codes and applicable laws, and regulatory difficulties to internationalize plans, highlights an analysis prepared by the Costa Rican Foreign Trade Promoter (Procomer).
In Honduras, the expansion of 27 educational centers located in Lempira, Ocotepeque, Santa Barbara, Intibuca and Copan has been put out to tender.
Honduras Government Purchase AEPAS-H-4449-LPI-002-2021:
"The Strategic Agency for Productive, Environmental and Social Projects of Honduras (AEPAS-H), invites eligible construction companies to submit sealed bids for the Construction of 27 Basic Education Centers (BECs) located in the Departments of Lempira (9), Ocotepeque (5) and Santa Barbara (5), Intibucá (4) and Copan (4).
In Zone 16 of Guatemala City they plan to build a residential complex composed of ten apartment towers, which will house 225 housing units of different types.
According to the interactive platform "Construction in Central America" of the Trade Intelligence area of CentralAmericaData, Inmobiliaria Las Lomas S.A., presented before the Ministry of Environment the Environmental Impact Study (EIS) to develop the project called "El Socorro Fase I".
Because projects that were planned prior to the pandemic are expected to be developed in Guatemala in 2021 and 2022, developers will need to assess whether they need to rethink them, as some market conditions have changed in this new reality.
Because of the pandemic resulting from the covid-19 outbreak in the country, several projects were delayed or not implemented during 2020.
In Guatemala, Chevron S.A. plans to invest in the expansion of the capacity of its hydrocarbon storage plant, which is located in the municipality of Puerto Barrios, Izabal.
According to the interactive platform "Construction in Central America" of CentralAmericaData's Trade Intelligence area, Chevron Guatemala S.A., submitted to the Ministry of Environment the Environmental Impact Assessment (EIA) to develop the project called "Expansion of fuel terminal storage capacity of Puerto Barrios."
El Salvador, Guatemala and Nicaragua were the Central American markets that increased their hydraulic cement imports in the first half of 2020 in year-on-year terms.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"]
The Walmart chain plans to renovate a store in the Guatemalan capital located on Roosevelt Road, a project in which it will invest close to $3 million.
According to the interactive platform "Construction in Central America" of the Trade Intelligence Unit of CentralAmericaData, Operadora de Tiendas S.A., submitted to the Ministry of Environment the Environmental Impact Study (EIS) to develop the project called "Remodeling Walmart Roosevelt."
The Municipality of Mixco, department of Guatemala, is bidding for the construction of a higher education center to be located in the sector of Monserrat II.
Guatemala Government Purchase 13488821:
"The contractor must define the exact location of the works, on the land assigned for that purpose, according to the indications of the resident supervisor, and plans, all the replacements will be made by the contractor, according to the methods proposed by him and approved by the resident supervisor.