Water and sanitation works in Panama, improvements to a seaport and improvements to a bridge are part of the investments planned for the coming months in the region.
The interactive system "Construction in Central America", compiled by the Business Intelligence Unit at CentralAmericaData, includes an up to date list of public and private construction projects that are planned to be built in the coming months.
The 70% growth in cargo movement through the port of Corinto in the last five years reflects the imperative need for Nicaragua to invest more in port infrastructure.
Even though container movements through Nicaraguan ports are still significantly less than that through other ports in the region, the increase in sea freight traffic and its growth potential compel the government and the sectors involved to think about options for increasing port capacity.
The construction of the new container terminal in Moin has rekindled business hotels, corporate machinery, transportation and others, in an area deprived of development factors.
Renting working machinery, hiring companies for events and renting hotel rooms are just some of the new business deals being generated in Limon, since construction of mega-port project at Moin started.
A call for expressions of interest has been made for the project "Reactivate, modernize and develop the port terminal of Punta Castilla, Trujillo, Colón" project.
From a statement issued by the Commission for the Promotion of Private Public Partnership in Honduras (Coalianza):
The Commission for the Promotion of Public-Private Partnership (COALIANZA), in exercise of the powers vested in the Legislative Decree No.
While the epic speeches on a regional maritime traffic sound crazy, Puerto Cortes is rationally emerging as the hub port in the North Central Triangle .
The port terminal, announcing an increase in productivity of 90% through the modernization of the container and general cargo terminal, aims to be the hub for cargo coming from North America and cargo destined for Guatemala, El Salvador and Nicaragua.
The threat of paralyzing the work of the third set of locks of the Panama Canal is keeping maritime and port operators around the world on tenterhooks.
The conflict between the construction consortium (GUPC) headed by the Spanish Sacyr and the Panama Canal Authority (ACP), which originated over the demand for the first payment of $1.6 billion in cost overruns and the ACP's rejection of that claim, threatens to extend the opening of the expanded waterway, through which 5% of the world's maritime cargo passes, to beyond 2015.
Most cruise ships arriving in Central America have to operate at docks designed for cargo handling, and as such are not fit for passenger traffic.
Richard Sasso, president and CEO of MSC Cruises USA, noted that one of the main issues is having suitable docks so that cruise ships can dock directly, instead of using small boats to unload passengers in groups, as this causes many delays.
It is not only the ports on the South and East Coast of the U S that have to make provisions for the expansion of the Panama Canal.
Ports in the Caribbean and Latin America will also have a before and after the expansion of the Canal.
Post-Panamax ships require more depth in the access channels to ports and their docks, and this means adjustments to infrastructure need to be made early enough in order to stay in the market as shipping destination, after the inauguration of the new Canal in 2014.