Portafolio Inmobiliario announced that it will begin the development of the Green Valley Free Trade Zone project, which in its first stage contemplates the construction of a Free Trade Zone located in the municipality of Grecia, province of Alajuela.
The total land on which the project will be located amounts to more than one million square meters, however, its construction will be carried out in stages.
Code Development Group announced that it plans to build a new free zone in Grecia de Alajuela, Costa Rica, which would house companies in the high technology sector.
Directors of Code Development Group, who are also part of the group of partners of the Free Zone of Coyol, reported that the new business park would be named "Code" and that the project already has the endorsement of the municipality of Greece.
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.
Plans are underway to build an industrial park on a 124-hectare plot in the province of Limón, Costa Rica, which will operate under the free zones regime.
At the end of January 2018 the company Zona Franca La Francia S.A. submitted an Environmental Impact Study (EIA) to build an industrial park. The project is called "Zona Franca La Francia", and will be located in the canton of Siquirres, province of Limón.
While one candidate is willing to review the limits on private electricity cogeneration, and raise them from 15% to 30%, the other rejects the possibility of extracting natural gas due to its environmental implications.
In a meeting with companies in the Chamber of Industries of Costa Rica (ICRC), the two candidates who will go head to head in a second round of voting on April 1, shared their proposals to deal with issues of great importance to the industrial sector, such as electricity rates and the opening up of the electricity market, as well as the management of procedures in State institutions.
An electrical transmission line in Panama, the expansion of an aqueduct in Costa Rica and a medical center in Guatemala are some of the projects 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 region.
In the Greater Metropolitan Area 46% of the inventory of industrial real estate developments, such as warehouses and industrial buildings, are located in Heredia and Alajuela.
From a statement by Newmark Grubb Central America:
The provinces of Alajuela and Heredia, with 24% and 22% of the total inventory of industrial real estate developments in the Greater Metropolitan Area respectively, maintain the lead as suitable for complexes such as warehouses, mini-warehouses, industrial buildings and logistic works.
The project Parque Industrial del Caribe in Costa Rica, includes the construction of an industrial free zone measuring 41,000 m2, an 8,300 m2 office center and an 11 000 m2 shopping center, as well as Ofibodegas and a hotel.
The companies behind the project announced plans to begin construction of the Caribbean Industrial Park (PIC by its initials in Spanish) in the first quarter of 2016.
Bridgestone has announced the creation of a new division called Mexico and Central America, which involves the merger of operations in Costa Rica and Mexico, which together produce 11 million tires a year.
From next year the new division will be responsible for the markets of South America, Central America, Ecuador and the Caribbean. With this measure the aim is to "...
The Chamber of Industry states that the causes are: high fuel prices, electricity and raw materials, the exchange system, bureaucracy, taxes and social security, and access to financing.
After the global crisis started in 2008, there was a hint of recovery in the sector in 2010, which was not confirmed in 2011, when growth was only 2%.
A statement from the Chamber of Industries of Costa Rica (ICRC) reads:
"The country has entered a new and more dangerous phase, a clear erosion of some of the most precious historical advantages of human development."
Synopsis of the Seventeenth Report of the Nation on Sustainable Human Development:
When examined closely, 2010, a year without dramatic events, seemingly calm, reveals the seriousness of the problems experienced by human development in Costa Rica.
The 15th State of the Nation Report warns on rising crime, larger income disparity and misuse of natural resources.
From the report's abstract, we highlighted the following titles:
¿What is the magnitude of the crisis, and how does it affect the country?
Less access to dignifying income
Social investment levels are maintained despite GDP drop
Important deterioration in stability
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