Through solutions based on the analysis of satellite photos and machine learning models, it is possible to optimize the process of identifying the best land uses and analyze the areas where a construction project will be developed with a high level of detail, in order to find the optimal location and minimize investment risks.
The accelerated growth in the availability of data and the solutions and technologies being developed to take advantage of it is directly impacting all industries, and the real estate and construction industry is no exception.
Using advanced technology applied to the extraction and processing of large volumes of data, it is possible to obtain the necessary information to evaluate whether a new product, service or brand will be accepted when it begins to compete in a specific market.
Companies that intend to compete in a new market always ask themselves the following question: How much acceptance will our new product, service or brand have?
Identifying the best areas to invest in, knowing what type of property is in demand in each area, whether you are looking for more rentals or sales, homes or offices, or in which segments of the population there is more demand for each type of property, is part of what can now be analyzed using modern Big Data techniques.
The real estate market is not alien to the new reality focused on analyzing large volumes of information and making business decisions based on data.
The rail transport system that would cover a 390 km distance and whose construction would last six years, contemplates in the future a possible expansion towards the border with Costa Rica.
China Railway Design Corporation worked with several Panamanian companies that supported the economic, geotechnical, soil, capacity and demand analyses of the Panama-David train feasibility study.
In a new attempt, the authorities of the Regional Electricity Market announced the beginning of the feasibility study for the creation of a market through which electricity can be commercialized between Central America and the North American country.
Currently, Guatemala is the only country in the Northern Triangle that directly commercializes energy with counterparts in the Mexican market.
In the first quarter of the year, countries in the region imported $81 million worth of electrical transformers, registering an increase of 9% compared to the amount reported in the same period in 2017.
Figures from the information system on the Market for Transformers and Electric Converters and Reactor Coils in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]
A contract has been awarded to a French-Spanish consortium to carry out the location study and master plan for the new airport in the Huetar Norte Zone.
From a statement issued by the President of Costa Rica:
February 9, 2018.The studies that will determine the feasibility of a New Airport for the Huetar Norte Zone are already underway, thanks to a contribution from the Central American Corporation of Air Navigation Services (COCESNA), of 228 million colones.
The Latin American Development Bank is calling for expressions of interest to carry out a feasibility study on the public transport system in the center of Panama City.
Public Purchase LAIF 202061471:
"The services which are the object of this invitation consist of carrying out the activities that are necessary to develop a Feasibility Study on the Public Transportation System of Panama City Center, which must contain, as a minimum, the following: proposal of a collective public transport system consisting of a tram as a structuring element and buses (or other modes) that feed and complement the former, for the city center.
A call has been made for expressions of interest to develop a pre-feasibility study for a new network master plan for the Panama Metro system, with emphasis on lines 4 and 5.
From the announcement made by the Panama Metro Secretariat:
The general objective of the consulting services for a pre feasibility study for a New Network Master Plan for the Panama Metro System is to undertake pre feasibility analysis of the New Network Mater Plan for the Panama Metro, with emphasis on lines 4 and 5, starting from demand estimates developed under the TRANUS system, updating the MPSA database in terms of the physical, socioeconomic and urban development variables of the various corridors that make up the network.
Its promoters claim that the resources to build it are there, with no more details, but the announcement of the postponement of the start of the mega work following the huge losses suffered by Wang Jing in the chinese stock market, has only increased the doubts.
Doubts about the feasibility of this project have been present since it was first announced, but they now appear to be increasing given the contradictions arising from the information that the project spokespersons themselves have been giving out.
The tourism minister has ruled out the possibility of building a new airport, arguing that the current one has sufficient capacity and there is a more urgent need for improving and expanding the one in Liberia.
Remodeling the Daniel Oduber Airport in Guanacaste is the option which the tourism minister, Wilhelm von Breymann has proposed, since the construction of a new terminal is not a priority and would involve a long process of preparing feasibility studies.
The Municipality of Upala has approved a five-year moratorium on the granting of permits for construction of hydroelectric dams on territory in the canton in the province of Alajuela.
Covered by declaration of the moratorium, the municipality will be carrying out studies to determine the environmental and social impact of the dams operating in the canton, which are Canalete II, Los Negros I and Cote.
It has been announcement that updates will be made to the study on supply and demand and the trust agreement in order to advance the project to build a tower for critical care facilities at the Children's Hospital in San Jose.
From a statement issued by the Costa Rican Social Security Department (CCSS):
The Costa Rican Social Security Department (CCSS) has been making preparations to make advance progress in the construction of a critical care tower at the National Children's Hospital, better known as the Tower of Hope.
The idea is to take advantage of the growing consumption of french fries in the country, cultivating varieties suitable for industrial use and then processing them and competing with the 18,000 tons which are imported every year.
The Ministry of Agriculture together with the University of Costa Rica (UCR) and the union of potato farmers are aiming to develop and adapt tuber crops for industrial use, because the variety currently produced is designed for table consumption and not industrial use, therefore they plan to start trying different cultures, which are suitable for undergoing the frying process.
The Solis administration has signed a memorandum of understanding with the Chinese government to begin studying the feasibility of setting up a special economic zone in Costa Rica for enterprises from China.
As part of the agreement signed between the two governments, feasibility studies will be started along with defining where the zone will be sited.
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