Costa Rica is planning to build an industrial park with more than seventy-one thousand square meters of construction, developed in three stages.
CentralAmericaData's "Commercial Feasibility Studies" provides an up-to-date list of public and private construction projects that have submitted Environmental Impact Assessments (EIA) to the respective institutions in each country.
Mobility data analytics are transforming the way commercial strategies are defined in the retail business, and supermarket chains are no exception.
Understanding what consumers think, what they want and what they do is critical for companies in the retail sector. This is where Big Data tools play an important role, as it is possible to measure the affluence at a location and customer behavior, among other aspects.
The process of data monetization, a concept that until recently was present only in conversations between technology experts, is now one of the recurring topics in strategic meetings at the management level in companies.
What is Data Monetization?
The concept of data monetization refers to the process of extracting, cleaning and analyzing the millions of data generated within a company, with the purpose of obtaining a benefit or economic value. This value can range from using the information to create performance indicators of the company's own business and use them to optimize processes and make better strategic decisions, use it as input in the creation of other products or services, market it to third parties, share it with business partners, among others.
Location choice has become a critical point in the success or failure of any industry, as it has a great impact on the company's overall risk, as well as on transportation, logistics, salaries, rents and raw materials costs, among others.
Where to locate industrial facilities is one of the most important strategic decisions that companies must make. Identifying the optimal location is a spatial problem that requires the comparison of attributes of different locations that have the best combination of the desired variables and qualities.
Through geospatial data analysis techniques, CentralAmericaData carried out an analysis of five Walmart distribution centers in Florida, United States, with the aim of identifying patterns in the supply chains of these five centers and their relationships with commercial establishments and other logistics complexes in the State.
Through this analysis, whose objective is to show how geospatial data science techniques can be applied to solve problems in the logistics sector, the existing relationships between Walmart distribution centers and their supply sites were identified and characterized, so that different large commercial chains can evaluate and at the same time improve processes in their respective supply chains.
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.
After in Costa Rica the mayor of Alajuela filed an action of unconstitutionality to revert the authentic interpretation approved by the deputies for the payment of real estate taxes applicable to free zones, the Chamber ruled negatively to the legal recourse filed.
The magistrates determined that the allegations presented on March 16, 2021 by Humberto Soto, mayor of the municipality of Alajuela, were incorrect and the appeal was rejected.
In Costa Rica, of the total number of exporters whose majority of shipments are in the metal-mechanics, electrical and electronics or plastics sectors, 25% meet a profile of potential participation in global value chains.
An analysis prepared by the Foreign Trade Promotion Agency of Costa Rica (Procomer) explains that "... the 3 sectors agree in selling their products to at least 6 main GVCs: construction (25% of companies), agriculture (23%) trade (20%), food (11%), electronic components and telecommunications (10%) and medical industry (9%)."
In Costa Rica, since July 2020 the producer price index for the manufacturing sector started to report increases, a situation that could lead to a rise in sales prices and simultaneously to a fall in the quantity of products traded.
Between December 2019 and June 2020, the producer price index for the manufacturing sector (IPP-MAN) reported negative year-on-year variations.
Bomerics, a company engaged in the manufacture of medical devices, announced that it will invest in the expansion of its operations plant located in Zona Franca Zeta, province of Cartago.
The new facilities will have an area of 10,200 m2, which doubles the 4,600 m2 it currently has. According to a press release from the Costa Rican Coalition of Development Initiatives (Cinde), the investment will allow the company to develop a full-service, vertically integrated business model.
America Free Zone, located in Heredia, Costa Rica, plans to execute an investment plan in the next few years totaling close to $120 million and contemplates the implementation of electro-lane stations and the construction of new infrastructure.
Executives of the business complex informed that up to now they offer their clients 200 thousand m2 of space for business activities, but the medium-term plans are to add another 60 thousand m2.
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.
Between 2020 and 2023 Nevro plans to invest $21 million in the commissioning of an industrial plant of more than 3 thousand square meters in the Coyol Free Zone, in Alajuela.
The company based in California, United States, is dedicated to the manufacture of medical devices that are demanded by patients suffering from debilitating chronic pain, reported the Costa Rican Coalition of Development Initiatives (Cinde).
The U.S. company, which still operates a plant in the country for the production of sandpaper and adhesive tapes, has begun the process of relocating its operations, which includes the closure of the factory operating in Heredia.
According to information released by the company, the closure of the industrial complex located in Santa Rosa de Heredia, follows a business strategy and is not a consequence of the economic crisis that generated the outbreak of covid-19.
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