During 2020, 32 environmental impact studies were presented in Central American countries to build and expand industrial plants, with Costa Rica accounting for 69% of the estimated investment.
The interactive platform "Construction in Central America", from CentralAmericaData's Business Intelligence Area, provides an updated list of public and private constructionprojects that have submitted environmental impact studies (EIA) to the respective institutions in each country.
In Guatemala, Cemex S.A. plans to invest close to $16 million in the expansion of its production plant located in the municipality of Puerto de San José, department of Escuintla.
According to the interactive platform "Construction in Central America" of CentralAmericaData's Business Intelligence Unit, CemexGuatemala S.A., submitted to the Ministry of Environment the Environmental Impact Study (EIA) to develop the project called "Arizona Plant Capacity Expansion".
In order to increase its production capacity in El Salvador by 58%, Holcim will invest $20 million in the reactivation of the Maya Plant and in improvements to the El Ronco Plant.
The company currently has a production capacity of 1.2 million tons of cement per year, but with the reactivation of the plant located in Metapan and the improvements of the other industrial complex, they intend to increase its capacity to 1.9 million tons.
Bomerics, a company engaged in the manufacture of medical devices, announced that it will invest in the expansion of its operations plant located in Zona Franca Zeta, province of Cartago.
The new facilities will have an area of 10,200 m2, which doubles the 4,600 m2 it currently has. According to a press release from the Costa Rican Coalition of Development Initiatives (Cinde), the investment will allow the company to develop a full-service, vertically integrated business model.
In Guatemala, the Embotelladora Los Volcanes, which produces and distributes Coca-Cola brand beverages, is executing expansion works at its industrial plant located in the department of Retalhuleu, a project that required an investment of $60 million and is expected to be completed in April 2021.
The project began in March 2019; however, due to the covid-19 outbreak, work was suspended and it was only in the second half of 2020 that work was reactivated.
The Panamanian government issued a favorable concept for the establishment and operation of five free trade zones in the country, which together project an investment of $22 million.
The free trade zones, which will develop diverse economic activities such as agribusiness, scientific research centers, storage of goods, international trade, fruit processing and agricultural production, among others, will be located in the provinces of Panama, Chiriqui and Herrera, informed the Presidency of Panama.
Kimberly-Clark is investing in the purchase of machinery with new technology and the refurbishment of its toilet paper and napkin production plant, which operates in the municipality of San Juan Opico, El Salvador.
The investment will focus on renovating the 13,164-square-meter operating facility. With this investment, the company expects to increase the production capacity of its Scott and Kleenex lines by 30%.
America Free Zone, located in Heredia, Costa Rica, plans to execute an investment plan in the next few years totaling close to $120 million and contemplates the implementation of electro-lane stations and the construction of new infrastructure.
Executives of the business complex informed that up to now they offer their clients 200 thousand m2 of space for business activities, but the medium-term plans are to add another 60 thousand m2.
After nearly seven decades of operating in the Central American country, the company dedicated to the manufacture of batteries and lighting decided to close its production plant and moved its operations to Brazil.
The restructuring of its operations comes two years after Energizer Holdings Inc agreed to buy the battery and lighting business of Spectrum Brands Holdings Inc. With this acquisition, Energizer absorbed the Varta and Rayovac brands.
In Guatemala, the Miel Verde project, Special Public Economic Zone, was approved. In its first phase of development, it will require an investment of close to $4 million and will be located in the municipality of Río Hondo, department of Zacapa.
The new special zone will have a total area of 23,544 square meters, however, in the first phase only an area of approximately 5,173 square meters will be developed.
The industrial complex that began operating in October 2020 in the municipality of Villa Nueva, department of Guatemala, has an area of 43,500 square meters, an installed capacity of 12,000 pallets and required an investment of approximately $27 million.
The new logistics center has 29 dispatch doors and a system of product selection through automated voice command, informed the company dedicated to the commercialization of carbonated beverages and snacks.
Condor Gold, a British company that for 14 years has carried out exploration work in the province of León, in Nicaragua, announced that in 2021 it will invest in the construction of a metal processing plant.
According to company executives, the new industrial plant to be located in the municipality of Santa Rosa del Penon, will have the capacity to process 1,500 tons per day and the company is expected to start exporting by 2022.
The company announced that over the next three years it plans to invest $350 million in the start-up of chip assembly and testing operations.
The facilities will be at the company's campus in San Antonio de Belen, and are expected to start operations in the second half of 2021, once the necessary certifications are approved, informed the Costa Rican Coalition of Development Initiatives (Cinde).
Arguing that there is greater potential for sustainable and profitable expansion in Nicaragua and Guatemala, the Mexican business group dedicated to dairy production decided to close the operations of its production plant in Costa Rica.
Between 2020 and 2023 Nevro plans to invest $21 million in the commissioning of an industrial plant of more than 3 thousand square meters in the Coyol Free Zone, in Alajuela.
The company based in California, United States, is dedicated to the manufacture of medical devices that are demanded by patients suffering from debilitating chronic pain, reported the Costa Rican Coalition of Development Initiatives (Cinde).
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