Banco Centroamericano de Integración Económica signed a loan contract with the FCC Consortium to finance the six-lane extension of the beach corridor in Panama, Section I: La Chorrera-Santa Cruz.
The project "Expansion to six lanes, Las Playas Corridor, Section 1: La Chorrera-Santa Cruz, which has an approximate length of 36.3 kilometers, and begins at the end of the Arraiján - La Chorrera highway and ends at the entrance to Santa Cruz (before the crossing over the Lagarto River)," was awarded in November 2017.
The CABEI has approved a $425 million loan to finance a water supply project in three cantons in Guanacaste, Costa Rica.
The Central American Bank for Economic Integration (BCIE) reported that the funds will be used to finance construction of hydraulic, civil and mechanical structures to achieve the multiple purpose of providing water for irrigation, water for human consumption and future generation of energy.
A drinking water distribution network measuring more than 125 kilometers will carry drinking water to the Miskito indigenous communities in the northern plain of Sising, Kuakuil, Boom Sirpi and Yulu Tingni.
From a statement issued by the EU Delegation in Nicaragua and Panama:
First stage completed to ensure drinking water for more than 160 thousand inhabitants of Bilwi
In El Salvador legislative approval has been given to two loans for water treatment plants and their respective distribution networks.
An article on Elmundo.sv reports that "... A $16,982,500 loan from the Central American Bank for Economic Integration (BCIE) aims to 'strengthen drinking water' through the 'technical and physical renovation and automation of the water treatment plant in Las Pavas'. "
The Central American Bank for Economic Integration has announced that this month it will deliver 55% of the funds required to implement the customs union between the two countries.
The funds pending for the implementation of the Customs Union between Guatemala and Honduras are being managed by the Central American Bank for Economic Integration (BCIE) for a total of $1.5 million for delivery in February.
The Central American Bank for Economic Integration has approved a loan for technical and physical renovation of the Water Treatment Plant in Las Pavas, in the department of Cuscatlan.
From a statement issued by the Central American Bank for Economic Integration (BCIE):
The Central American Bank for Economic Integration (BCIE) has approved a loan the to Republic of El Salvador in the amount of $64.4 million to finance the renovation project on Works for the Collection, Purification and Treatment of the Electromechanical Water Plant Las Pavas, the most important source of drinking water El Salvador.
The construction guild is proposing that in tenders for construction of public works a clause on price adjustments always be included, to reflect changes in prices of raw materials.
The Nicaraguan Chamber of Construction (CNC) argues that with the drop in fuel prices, some public works projects are being tendered with prices which were established in relation to this situation, but fear that within one or two years these costs may rise once again and that would impact the construction.
The National Assembly has approved a loan from the CABEI to build water and sanitation systems, storage tanks, septic tanks, sewers and household connections.
From a statement issued by the National Assembly of Nicaragua:
Following the adoption of a decree for a $30 million loan signed between the Republic of Nicaragua and the Central American Bank for Economic Integration (CABEI ), 121 rural municipalities will benefit from the implementation of the "Project for Sustainability Rural of Water and Sanitation"
The government has announced that it will be obtaining a loan from the Central American Bank for Economic Integration to rebuild 97 miles of roads and trails that connect with the Caribbean.
In order to improve links with the Caribbean, roads will be paved with reinforced concrete, stretching 44.6 kilometers from the town of Mulukukú to Siuna and 52.5 kilometers between the towns of Rama, Kukra Hill and the Junction of Laguna de Perlas.
Between October 28th and 30th, Guatemala City will host a meeting between businessmen from various productive sectors in Spain and representatives from Central American companies.
This multilateral meeting aims to find business opportunities in the energy industry, transport, water and real estate development, among others.
CABEI has provided a partial credit guarantee of $669,000 to Financiera de Occidente to hedge financing of the mini hydropower project being developed by Ingenio Magdalena in Guatemala.
The Central American Bank for Economic Integration (BCIE) through the project "Accelerating Investments in Renewable Energy in Central America and Panama (ARECA)", has provided a partial credit guarantee to Financiera de Occidente SA (Fidosa), for an amount of U.S.
The Central American Bank for Economic Integration has announced that it has resources available to finance in Nicaragua part of the project by a consortium of Brazilian companies.
Days after the Hydro consortium of Nicaragua (CHN) requested compensation for the risk of a drought possibly affecting the financial performance of the project, the Central American Bank for Economic Integration (BCIE) stated its willingness to finance part of the hydroelectric dam.
With $300 million in funding from the BCIE payments will be made on domestic debt which is currently concentrated in the welfare institutes which will be able to invest in productive projects.
Welfare institutes of the public pensions administrators are creditors of 64% of domestic debt issued by the State and as the average term to maturity of this debt is 2.7 years, the government will seek to refinance at longer terms and with more favorable interest rates.
More projects for water and sanitation, roads and electricity distribution will receive funding from the Central American Bank for Economic Integration.
Among the projects to be funded is the rehabilitation of the Juan Pablo II runway, which will be run by the mayor of Managua and the purchase of new transformers and electrical connecting units for the National Electricity Transmission Company (ENATREL).
Congress has approved an international loan to rehabilitate and extend 108 kms of the route from Escuintla to Ciudad Pedro Alvarado.
The funds will be used to finance the implementation of the rehabilitation of the two existing lanes and the construction of two more lanes on the CA-2 East Highway.
The project is to improve the existing two lanes, and expand them by adding two additional lanes on Highway CA-2 East, which involves the construction of three traffic distributors and expansion of 25 bridges along the route from Escuintla to Ciudad Pedro de Alvarado, located in Jutiapa, a department on the border with El Salvador.