Due to the health emergency, the Ministry of Health of Panama decided to extend for the second time and now for 15 days, the temporary suspension of the construction activity, in the same terms expressed in Decree 506 of March 24.
CABEI granted a loan to Guatemala to finance the construction and equipping of buildings to be used by the Ministry of the Interior, National Police stations, prisons and other projects.
The $300 million will support the "Investment and Modernization Program for the Justice Sector", which will be implemented by the Guatemalan Ministry of Government, reported the Central American Bank for Economic Integration (CABEI).
During 2019, 124 environmental impact studies were presented to develop street rehabilitation, construction and road expansion projects in Central American countries.
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.
The Walmart supermarket chain plans to expand and remodel its distribution center located in the municipality of Villa Nueva, department of Guatemala.
According to the interactive platform "Construction in Central America" of the Trade Intelligence Unit of CentralAmericaData, Operadora de Tiendas S.A., submitted to the Ministry of Environment the Environmental Impact Assessment (EIA) to develop the project called, "Distribution Center of Guatemala."
During 2019, 56 environmental impact studies for the construction of industrial plants were presented in Central American countries, and Costa Rica represented 58% of the estimated investment.
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.
In 2019, 426 environmental impact studies were submitted to develop condominiums, apartment buildings and other housing projects in Central American countries.
The interactive platform "Construction in Central America", of the Trade Intelligence Unit of CentralAmericaData, includes an up-to-date list of public and private construction projects that present environmental impact studies (EIS) to the respective institutions in each country.
In Costa Rica, Puentes y Calzadas Grupo de Empresas was awarded the contract to build the new overpass at the La Bandera roundabout in the country's capital.
The construction of this work in La Bandera, which will involve 1100 meters in length, is scheduled to begin this year, if no appeals are filed, reported the Ministry of Public Works.
Due to the health emergency, the Ministry of Health of Panama decided to extend the temporary suspension of the construction activity for a 30-day period, under the same terms expressed in Decree 506 of March 24.
The Costa Rican government assures that the road infrastructure projects are being executed according to the established schedule and that the announced plans for the next few months remain in place.
Directors of the Ministry of Public Works and Transport (MOPT), reported that in the context of the health crisis and with the aim of reviving the economy, it is essential that the planned road works are carried out.
Some of the effects of the health emergency and the restrictions decreed by the government on the real estate sector in Guatemala are the cancellation of appointments with clients and the suspension of projects and contracts.
In the case of residential construction, businessmen anticipate that a considerable drop could be reported later, since the drop in remittances combined with the increase in unemployment, will affect the willingness to build or buy a house.
The Costa Rican Institute of Aqueducts and Seweragetenders the construction of the integrated system of the aqueduct of Ciudad Neily, Canoas, Laurel and Vereh, Phase II.
Hardware store sales in Central America are projected to register a considerable drop, which would be mainly due to the expected decline in retail sales of paints.
The "Information System for the Impact Analysis of covid-19 on Business", prepared by the Trade Intelligence Unit of CentralAmericaData, measures the impact that the crisis will have on companies according to their sector or economic activity, considering different scenarios for the coming months.
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