Defining the design of a shopping center, determining the mix of store types and the optimal size of stores to maximize the benefits of commercial areas, are objectives that can be achieved through the proper analysis of large volumes of data.
The volumes of data being generated in the digital environment every second enables business leaders to make well-informed decisions that are based on the analysis of empirical evidence.
A 14-story residential tower with 62 apartments is planned to be built on a 990 square meter lot located in zone 13 of the country's capital city.
According to the interactive platform "Construction in Central America" of CentralAmericaData's Business Intelligence Unit, Bistal S.A. submitted to the Ministry of the Environment the Environmental Impact Study (EIA) to develop the project called "Construction of the Providencia Building."
The Emergency Social Investment Fund of Nicaragua bids the consultancy for the formulation of water and sanitation projects in the rural sector in the departments of Regions I, II, III, IV, IV, V and VI.
In the municipality of Santa Lucia Cotzumalguapa, Guatemala, the Íntegro business group is building a new shopping center that will have a profitable area of 12,600 square meters.
The new shopping center will be located specifically at kilometer 88 of the main highway that connects Santa Lucía Cotzumalguapa with the departmental capital of Escuintla.
During 2020 in all countries of the region, construction activity decreased considerably and Central American cement imports stagnated, this adverse scenario is explained by the economic crisis generated by the pandemic.
The construction industry statistics system, which is part of the interactive platform "Construction in Central America" of CentralAmericaData's Business Intelligence area, compiles the most important industry data for each of the countries in the region.
The Guatemalan Social Security Institute plans to build a hospital in the municipality of Jutiapa, which will have a capacity of 100 beds and a parking lot for 150 vehicles.
According to the interactive platform "Construction in Central America" of CentralAmericaData's Business Intelligence area, the Guatemalan Social Security Institute submitted to the Ministry of Environment the Environmental Impact Study (EIA) to develop the project called "Construction of the IGSS Hospital in Jutiapa, Jutiapa."
Construcciones Integrales Avanzadas S.A., Supervision Construccion y Mantenimiento S.A. and Tecuntrac S.A., were the companies in Guatemala that submitted their proposals in the tender for the improvement of the east and west breakwater port infrastructure of Puerto Quetzal.
According to the opening minutes published in Guatecompras.gob.gt on February 17, 2021, the proposal submitted by Construcciones Integrales Avanzadas S.A. amounts to $61.9 million, that of Supervisión Construcción y Mantenimiento S.A. to $61.7 million and that of Tecuntrac S.A. to $59.5 million.
In Zone 14 of Guatemala City a 13-level tower is planned to be built that will house 70 apartments, will have four basements and will require an investment of approximately $5 million.
According to the interactive platform "Construction in Central America" of CentralAmericaData's Business Intelligence area, Delfines S.A., submitted to the Ministry of Environment the Environmental Impact Study (EIA) to develop the project called "Terra Delfines 2020."
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"]
The National Electrification Institute bids the construction of medium and low voltage distribution networks and power lines, works that will be carried out in different areas of the country.
The government and businessmen agree that 2021 will be a good year for construction, as the Bank of Guatemala projects that the sector will grow by 7.5%, while the builders' guild estimates that activity will increase by 3%.
According to official forecasts made by the central bank, it is estimated that during 2020, economic activity in the construction sector fell by 7.4% due to the crisis caused by the outbreak of covid-19.
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.
In Zone 10 of the capital of the country, a 14-story tower is planned to be built, which will house 50 apartments, will have five basements and will require an investment of approximately $6 million.
According to the interactive platform "Construction in Central America" of CentralAmericaData's Business Intelligence area, Torre Diez S.A., submitted to the Ministry of Environment the Environmental Impact Study (EIA) to develop the project called "Edificio Bonadiez".
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).
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