The Costa Rican Institute of Aqueducts and Sewerage is bidding the design and construction of the Monasterio tank with a capacity of 3,000 cubic meters, a work that is part of the improvements to the supply of the western sector of the metropolitan area of San Jose.
After barely 1,000 houses were built in Nicaragua in 2020 in the context of the economic crisis generated by the covid-19 outbreak, the goal of local companies for this year is to build between 3,000 and 4,000 houses.
According to representatives of the Chamber of Developers of Nicaragua (Cadur), the prices of the houses to be built this year will range between $18,000 and $400,000.
During the first six months of 2020, $138 million in ceramic products were imported in the region, and almost 51% were purchased by companies in Costa Rica and Guatemala.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
In Nicaragua, the company New Fortress Energy announced that it has already started with the construction works of a natural gas plant, which will have an energy generation capacity of 300 MW and will be located near Puerto Sandino, department of León.
Executives of the North American company stated that the project has begun its decisive phase and according to the schedule, it is expected that between May and June the generating plant will begin operations.
During 2020, it is estimated that the average price of a ton of steel increased 19%, a rise that impacts the construction industry and is explained by the increase in logistics costs and the suspension of the extraction of the material due to the outbreak of covid-19.
Central American businessmen report that during last year, which was marked by the sanitary and economic crisis, the average price per ton of steel increased by $130, going from $670 to $800.
Since different electrical works will be carried out in transmission networks in Central America, the Network Owner Company invites companies interested in providing their services to be part of the Suppliers Registry to be taken into account in the pre-qualification phase.
The competitive advantage of low costs of Central American companies and the possibility of making strategic alliances in Mexico and the U.S., are some of the opportunities that architectural services companies could take advantage of.
For the internationalization of this type of service, companies in the sector recognize some challenges and barriers such as the lack of information on internationalization of services, lack of knowledge on how to reach international clients, differences in design codes and applicable laws, and regulatory difficulties to internationalize plans, highlights an analysis prepared by the Costa Rican Foreign Trade Promoter (Procomer).
El Salvador, Guatemala and Nicaragua were the Central American markets that increased their hydraulic cement imports in the first half of 2020 in year-on-year terms.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"]
The Central American Bank for Economic Integration approved a loan for the Nicaraguan government to continue financing the National Program for Sustainable Electrification and Renewable Energy.
The resources will be used to carry out works of "Rural Electrification by Extension of Networks" and "Normalization of Service in Settlements", which guarantees that through the expansion of electricity coverage by connecting to the electricity distribution network, 35,000 homes in 1,278 rural communities will benefit nationwide, and the normalization of electricity supply to 79,050 homes in 402 urban settlements, reported the Central American Bank for Economic Integration (CABEI).
Since the beginning of the political crisis in 2018, the activity began to decline, the trend continued in 2019 and by 2020 the expectation is that the fall in investments in the sector will be more acute, mainly private ones.
Official data indicates that between 2017 and 2018 investment in private construction projects decreased by 17%, from $1,106 million to $914 million.
Empresa Nacional de Energía Eléctrica de Honduras tenders for the supervision and management of projects to expand electrical substations and build new ones.
The Empresa Nacional de Energia Electrica de Honduras tenders the supply and installation of the structures in a 69 kv line section of the L-424 circuit, between the Danlí and Chichicaste substations, and a 34.5kv line section of the L358 circuit, located in San Nicolas Copan.
From January to June 2020, 57 environmental impact studies were presented for the construction of commercial buildings in Central American countries, and most of them are concentrated in Costa Rica and El Salvador.
The interactive platform "Construction in Central America", of the Trade Intelligence Unit of CentralAmericaData, includes an updated list of public and private constructionprojects that present environmental impact studies (EIS) to the respective institutions in each country.
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