The government of the Dominican Republic opens business opportunity to build several projects that will allow the development of the country.
Dominican Republic Government Purchase PROVINCIAL DEVELOPMENT-CCC-LPN-2021-0004:
"The works that the Presidential Commission for the Support of Provincial Development places in bidding to be executed in a period of six to one year, are the following:
At the end of 2020, Honduras, Nicaragua, Guatemala and El Salvador remained at the bottom of the Human Development Index ranking, while Costa Rica and Panama were better evaluated.
The report entitled The Next Frontier, Human Development and the Anthropocene, which was published on December 15, 2020 at the global level, updates the Human Development Index (HDI) that is calculated by the United Nations Development Program (UNDP).
After 5 years of managing the admission to the Organization for Economic Cooperation and Development, the Council of the organization agreed to formally extend the invitation to the Central American country to become the 38th member.
The incorporation will allow the country to participate in more than 300 committees and groups to decide on equal terms in the development of innovative solutions to common challenges, such as the emergency in the face of COVID-19, issues associated with climate change and the fourth industrial revolution, among others, reported the Costa Rican presidency.
After the country has completed the 22 required assessments called for in the roadmap, in the coming months the organization's Council should take the decision to invite the country to formally become a member.
The Organization for Economic Cooperation and Development (OECD) issued its formal opinion favorable to the work that the country has been doing to address the recommendations provided by this committee since 2016, in areas such as macroeconomic and fiscal stability, inclusive economic growth, increased productivity and promotion of competition, among others.
The Guatemalan Congress voted against the bill that granted a private company the concession to rehabilitate and operate the Escuintla-Puerto Quetzal Highway, which will require the presentation of a new bill to revive the road project.
Reducing trade barriers and procedures, increasing legal security and improving productive infrastructure are part of the changes required by the business sector for the region's economic development.
In Guatemala, the 12th Ibero-American Business Meeting is held, in which the private sector presents proposals to face the current challenges and generate opportunities for the countries of the region.
Informality in the labor sector, low levels of taxation and little investment in innovation and development are some of the obstacles the country is facing in terms of competitiveness.
The Ministry of Economy presented the "First National Competitiveness Report", which analyzes more than 200 indicators obtained from indices prepared by international organizations such as Doing Business, Competitiveness Index, Trade Facilitation, Global Innovation, Connectivity and Index of Performance of Energetic Structure.
The company Sylvania has inaugurated a lighting product development laboratory in Costa Rica, from where it will provide support to the company's research and development teams.
The lighting company invested $1 million in its new laboratory that has a space of 350 m2for the development of high specification products for different industries, and also has more than 20 state-of-the-art pieces of equipment, which streamline the quality control processes for the products designed in the country, as well as the verification of imported products.
The updated plan to develop the Amador Causeway proposes taking advantage of the stretch between the Biomuseo and Naos Island, and building recreational areas on platforms on piles there.
The Administrative Unit of Reverted Property (Uabr) reported that the study of the master plan updated by the firm Tourism, Business & Planning (C4T), recommends the installation of six platforms that will house recreational areas, which would be built on piles overlooking the entrance to the Panama Canal. "...They would be a kind of piers or platforms on piles, where various businesses would be operating. "
In the first projects that are planned to be developed as part of the plan, around $116 million will be invested in construction works, vehicle purchases and other things.
The first investments will be made in seven departments, and the province to which the most resources have been allocated is Quiché, which will receive an investment of $46 million.In this region, 43 projects will be implemented, including the construction of a service center and the acquisition of garbage trucks.
Businessmen in the sector assert that the country reports one of the lowest levels of cement consumption in the Latin American region.
The current level of cement production in Guatemala reflects the low levels of public investment in recent years in the country. Lack of investment by the State in roads and other public infrastructure works is compounded by instability generated by foreign investment in the legal conflicts that have arisen in recent years, such as closure of mining projects and political and economic problems related to corruption."..."Conflict is an additional factor that slows development and investment, and therefore the consumption of cement," said Oscar Sequeira, coordinator of the Statistics Commission of the Guatemalan Chamber of Construction. "
The country needs to double the 4,000 kilometers of existing roads in order to improve land connectivity among the 153 municipalities, mainly in the Caribbean.
Although public investment in road infrastructure has increased in recent years, in order to exploit the full potential of economic development, the existing road network needs to be doubled in order to achieve an "acceptable land connection".
Lack of water is stopping productive development, and at the same time the very same disorderly development is causing shortages in several areas of the country.
EDITORIAL
Lack of water is stopping productive development, and at the same time the very same disorderly development is causing shortages in several areas of the country. The Central Valley is one of the areas already feeling the effects of the lack of infrastructure, as well as well defined plans, - a difficulty in Costa Rica- well executed by public institutions.
The drama over the bulk of exports being primary products without added value is unfolding not only in Nicaragua.
The new president of the Association of Producers and Exporters of Nicaragua (APEN), Guillermo Jacoby, has carried out a lucid analysis of the difficulties faced by Nicaraguan exporters in increasing both the volume and the value of its sales abroad, and especially how to make this productive effort sustainable.
Work is being carried out on the definition of a new plan so that the Amador Causeway can generate new business opportunities and jobs, mainly for the tourism sector.
From a statement issued by the Ministry of Economy and Finance (MEF):
Amador new master plan to boost the economy and tourism
-Development strategy area to be updated-
The Administrative Unit of Reverted Properties at the Ministry of Economy and Finance (MEF) has made advances in the development of a new Strategic Plan for Tourism and Urban Development of the Amador Causeway, which seeks to update the existing master plan with the aim of boosting the area.
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