A distribution center for refrigerated and frozen food products is planned to be built on an 8,780 square meter site in Zone 12 of the country's capital.
According to the interactive platform "Construction in Central America" of CentralAmericaData's Trade Intelligence Unit, Innovafoods, S.A. submitted to the Ministry of Environment and Natural Resources the Environmental Impact Assessment (EIA) to develop the project called, "Bajo Cero."
During the first quarter of 2019, Central American companies imported $96 million in fridges and freezers, and purchases from companies in China were up 20% compared to the same period in 2018.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAPHIC caption="Click to interact with graphic"]
Villa Nueva, Villa Canales and San Miguel Petapa, are the municipalities in Guatemala that have a high commercial opportunity for new developments of warehouses and industrial parks.
Although the greatest potential for developing new warehouse-office parks in the country is located in the southern municipalities of the metropolitan area, there are also growth opportunities in the El Naranjo sector, in Mixco, and also in the Atlantic exit.
Local producers in partnership with Nestlé are working on the installation of seven new grade C milk cooling centers, to be in the central provinces and Chiriqui.
The first of the centers, which plans to collect 2,500 liters of milk per day, was installed in El Cañafístulo, in Los Santos.
In the first six months of the year, Central American countries imported $190 million worth of refrigerators and freezers, and 43% was purchased by companies in Guatemala and Honduras.
Figures from the information system on the Refrigeration, Freezing and Other Refrigeration Machinery Market in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
In Panama, the Santo Tomas Hospital tenders the supply and installation of the new refrigerated storage system with a capacity to store 44 corpses in 11 columns.
The Peruvian group Ransa built in the municipality of Amatitlán, Guatemala, a logistics center dedicated to the distribution of perishable products.
Company representatives detailed that the new industrial complex, which is located at kilometer 29.5 of the road to the Pacific, has a frozen and refrigerated area of 1,500 m2, which is equipped with state-of-the-art technology.
Between January and June the average rental price per square meter requested from warehouses in Panama City dropped from $8.95 to $8.40, due to a slight increase in the supply of available spaces.
In the first three months of the year, Central American countries imported $92 million worth of refrigerators and freezers, and 45% was purchased by companies in Guatemala and Costa Rica.
Figures from the information system on the Refrigeration, Freezing and Other Refrigeration Machinery Market in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]
XAGRO has been appointed the authorized distributor of DeltaTrak's temperature recorders for Central America.
With new regulations for exports of refrigerated and frozen products it is critical and required that you monitor and record temperatures throughout the cold chain.
Guatemalan businessmen say that the boom in vertical housing is changing the demand for storage services in mini warehouses, which are increasingly sought out by families.
In the first semester of 2017, countries in the region bought $67 million worth of refrigerators and freezers from Mexico, and 56% was imported from Guatemala and Costa Rica.
Figures from the Information System on Refrigerators, Freezers and Other Cold Production Machinery in Central America compiled by CentralAmericaData's Business Intelligence Unit: [GRAFICA caption = "Click to interact with graph"]
In the last year 69 environmental impact studies were submitted in countries in the region to build industrial warehouses and logistics parks.
The interactive platform "Construction in Central America", compiled by the Business Intelligence Unit at CentralAmericaData, includes an up to date list of public and private constructionprojects for which environmental impact studies (EIA) were submitted to the respective institutions in each country.
The sectors that demand rental and installation services of refrigeration systems are the food industry, hotels, supermarkets, restaurants, and pharmaceuticals.
Some of the companies that dominate the market are the Leaho plant, which reported a growth of 300% over the past five years, Refritec, pointing to annual sales growth of 18%, Frionet Corporation SA has increased its capacity by 400 % and Cenada National Refrigeration Network which is the only public institution specialized in the sector.
In the last four years $80 million has been invested in the installation or expansion of Micro-storage centers, together with recent growth in demand.
Prensa.com reports that "migration of pensioners, both in North America and Europe, and the arrival of more investors to Panama and the small sized apartments and offices, have created the need to build warehouses or Micro-storage centers for goods that are not in use or that people want to keep. "
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