During 2020, 32 environmental impact studies were presented in Central American countries to build and expand industrial plants, with Costa Rica accounting for 69% of the estimated investment.
The interactive platform "Construction in Central America", from CentralAmericaData's Business Intelligence Area, provides an updated list of public and private construction projects that have submitted environmental impact studies (EIA) to the respective institutions in each country.
Because in this context of new commercial reality the sales of alcohol, fertilizers, soaps, detergents and chemical and pharmaceutical products have increased, the productive activity of the Central American industrial sector has been dynamized.
According to figures from the Bank of Guatemala, during the III Quarter of 2020 the Guatemalan Gross Domestic Product reported -2% year-on-year variation, a behavior that contrasts with the evolution of the manufacturing industry, which for the period in question registered a 3% increase in its production.
During 2019, 56 environmental impact studies for the construction of industrial plants were presented in Central American countries, and Costa Rica represented 58% of the estimated investment.
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.
The American Aalfs Uno, which operated in the municipality of Sébaco, in Matagalpa, closed its operations in the country due to a reduction in the number of contracts.
The closure of the company was made official by directors of the Nicaraguan Association of Textiles and Apparel Industry (Anitec), who say it is the first company in the U.S. capital sector to close in the country.
From January to June 2019, 35 environmental impact studies were presented in the countries of the region to build industrial plants, and Costa Rica concentrated 74% 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.
Retention of raw materials by the authorities of Customs and charges to businessmen by the mayors, are some of the problems that are affecting industrial companies in Nicaragua, in addition to the crisis and the rise in taxes.
Directors of the Chamber of Industries of Nicaragua (Cadin) reported that companies in the packaging, beverage and dairy industries are the most affected by the withholding of inputs made by the General Directorate of Customs (DGA).
Nicaraguan companies in the industrial sector pay between $0.20 and $0.22 per kWh, while in other Central American countries the price ranges between $0.11 and $0.18 per kWh.
Data from a regional energy study by the Federation of Chambers of Commerce of the Central American Isthmus (Fecamco) reveal that for the industrial sector in Guatemala it pays the least for electricity and that of Nicaragua it assumes the highest costs in the region.
Last year, 62 environmental impact studies for the construction of industrial plants were presented in the countries of the region, and Costa Rica represented 73% of the estimated investment.
The interactive platform "Construction in Central America", compiled by the Trade 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.
In the first semester of the year, 33 environmental impact studies were submitted in countries in the region for the construction of different types of industrial plants and improvements in existing ones.
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.
The event that will take place in San Salvador on October 24 and 25, will address issues such as trade, access to raw materials and current obstacles to business development and growth.
The event is a meeting place for entrepreneurs from the Central American region of different sectors, representatives of private sector associations; with the purpose of providing information and knowledge about the trends in business generation taking advantage of technology and innovation.
Improving performance using new sources of renewable energy and the manufacturing, food and agroindustry sectors is one of the objectives of the strategic plan put forward by industrial entrepreneurs in the region.
The Board of Directors of the Federation of Chambers and Industrial Associations of Central America and the Dominican Republic (Fecaica), presented its strategic plan for the 2018-2023 quinquennium, which considers the issues which the region should focus on in order for the industrial sector to grow.
On October 18, businessmen from the region will be gathering together in Guatemala City to participate in business meetings and conferences on topics related to industry, innovation and business.
From a statement issued by the Chamber of Industry in Guatemala:
Guatemala, July 18, 2017.The Chamber of Industry of Guatemala -IG- and the Federation ofChambers and Industrial Associations of Central America and the Dominican Republic -FECAICA- presented this morning theFirst Regional Regional Summit 2017, to be held on October 18 at the Westin Camino Real Hotel in the city of Guatemala.
Aluminum containers for transporting milk and bakery machines are some of the goods added to the list of products which may be imported without tariffs.
From a statement issued by the Ministry of Commerce, Industry and Tourism:
Bogotá, DC, January 26, 2017.-A total of 636 new tariff items, including capital goods and machinery, were introduced to the assets that can benefit from the advantages offered by the Vallejo Plan.
A strategy focused on increasing competitiveness by reducing production costs and facilitating the creation of added value is what industrial enterprises have asked for.
Improving training in the use of new tools and technology and giving more value to final production are two of the main challenges faced by companies in the industrial sector.The union that brings them together is aware that the potential of the country in this sector can not be maximized if aspects affecting global competitiveness are not improved.
The union has projected growth of 4.4% in 2017 and is counting on attract more foreign investors to partner up with local entrepreneurs to promote the development of industrial activity.
More foreign investment, better use of chains that already exist, such as in the food industry, and reducing the cost of energy are elements that will enhance the development of the Nicaraguan industrial sector, which expects to close 2016 with growth of 3.8%.
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