The Swedish chain of stores Hennes and Mauritz announced that among its expansion plans is the opening of a sales point in Panama, which would be the first in Central America.
According to an official statement that was released in mid-January, the plan of the company Hennes and Mauritz (H&M) is that its first store in the region will be open to the public by the end of the year.
To ensure financing for its future functions, the Costa Rican government will seek loans from the World Bank, IDB, CABEI and CAF during 2020, and plans to insist on the approval of $4.5 billion in Eurobonds.
For this year, the Costa Rican government plans to continue negotiating loans for budget support with the World Bank, the Inter-American Development Bank (IDB), the Central American Bank for Economic Integration (CABEI) and the Andean Development Corporation - Latin American Development Bank (CAF).
The Panamanian government has authorized Forever Oceans Panama, S.A. to invest $50 million in a fish farming project in Charco Azul Bay, Puerto Armuelles.
Aquatic Resources Authority (ARAP) administrator Flor Torrijos handed over the resolution authorizing the fish farming operation in an area of more than 58,000 hectares to company representatives, the Presidency reported.
From January to September 2019, the country received $671 million in foreign direct investment, 6% more than in the same period in 2018.
Figures from the Bank of Guatemala show that between the first nine months of 2018 and the same period in 2019, foreign direct investment (FDI) that reached the country increased by $39 million, from $671 million to $632 million.
The Pollo Campero chain announced that it plans to invest close to $14 million in the remodeling and installation of new restaurants in Guatemala, El Salvador and Mexico.
Company executives said that investments in Guatemala and El Salvador will reach $13 million, and in the case of Mexico, approximately $700,000 will be disbursed.
Pizza Hut, KFC and Subway are some of the fast food chains that plan to invest in opening new restaurants during 2020.
The Pizza Hut chain plans to invest close to $1.8 million in the opening of six new stores this year. The points of sale could be located in the areas of Aserrí, Paraíso de Cartago and San Ramón de Alajuela.
The Municipality of Guatemala announced that this year it plans to build eight overpasses in different parts of the capital, which will require a joint investment of some $13 million.
The new overpasses will be in Zones 2, 6, 15 and 16, according to detailed information provided by Guatemala City Mayor Ricardo Quiñonez.
Honduran businessmen agree that the constant increases in electricity rates are making the country less attractive for investment.
The Honduran Electricity Regulatory Commission (Cree) announced a few days ago that by the beginning of 2020 there will be an average increase of 2.9% in the price of electricity.
Bayer announced that it plans to expand the operation of its medical device plant and shared service center in Costa Rica in the coming years.
The increase in its presence in Costa Rica is part of the plan to adjust the operation in Central America, the Caribbean and the Andean countries, which the company will implement over the next two years.
Stryker, a medical technology company, opened a new financial services center to be located in the province of Heredia, from where it will support all its financial activities in the Americas.
The operation is in San Antonio Business Park, in Heredia, where the company opened its offices since last April, according to official information.
Because of the tension between the productive sector and the government, coupled with the lack of official statistics from the Central Bank, some companies in Nicaragua have chosen to stop providing information to the authorities.
In an attempt to hide the complicated economic situation, the country is going through, local authorities have not published information on the Monthly Economic Activity Index since February 2019, when the year-on-year drop was 7.5%. This prevents businessmen from making decisions based on the real situation of the economy.
The Trump administration plan will be aimed at 30 countries of the continent and is called "America Crece", and consists mainly of the development of private investments, granting loans and sale of natural gas surpluses.
Super Repuestos, a company dedicated to the marketing of vehicle parts, announced that next year will invest in the opening of two branches, one in El Salvador and another in Honduras.
The sales point of El Salvador will be located in the municipality of Nejapa and the establishment that will operate in Honduras, will be in the city of La Ceiba. Both buildings are currently under construction.
As part of the non-reimbursable cooperation programs that China will implement in El Salvador, $85 million was announced for the construction of water treatment plants in Ilopango and La Libertad.
After investing $3 million, the Super Selectos chain opened a new 2,000-square-meter point of sale in the El Encuentro shopping center in the municipality of San Miguel.
Directors of Grupo Callejas, a business conglomerate that owns the supermarket chain, reported that the new sales point has 35,000 available products, a bakery with fresh products, meats, fruits and vegetables.
Recognized Brazilian company of backhoe loaders, telescopic, articulated and other types of cranes looking for companies interested in representing the brand and distributing their machinery in Central America and Mexico. The company manufactures and sells telescopic,...
Operating Company dedicated to the manufacture of gluten-free and sugar-free products, OHNE brand. The OHNE brand has 8 product lines: square bread, sweet...
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