The construction is planned to start in the municipality of Santa Tecla, El Salvador, a residential complex of 39 houses of two floors each, which will have three rooms and two parking lots.
The project called "Residencial Vía del Carmen", whose reserve in plans is 30%, will begin to be built from the first quarter of 2020 and will be developed by the real estate company "3 Torres".
From January to September 2019, the country received $671 million in foreign direct investment, 6% more than in the same period in 2018.
Figures from the Bank of Guatemala show that between the first nine months of 2018 and the same period in 2019, foreign direct investment (FDI) that reached the country increased by $39 million, from $671 million to $632 million.
The Pollo Campero chain announced that it plans to invest close to $14 million in the remodeling and installation of new restaurants in Guatemala, El Salvador and Mexico.
Company executives said that investments in Guatemala and El Salvador will reach $13 million, and in the case of Mexico, approximately $700,000 will be disbursed.
Pizza Hut, KFC and Subway are some of the fast food chains that plan to invest in opening new restaurants during 2020.
The Pizza Hut chain plans to invest close to $1.8 million in the opening of six new stores this year. The points of sale could be located in the areas of Aserrí, Paraíso de Cartago and San Ramón de Alajuela.
The Municipality of Guatemala announced that this year it plans to build eight overpasses in different parts of the capital, which will require a joint investment of some $13 million.
The new overpasses will be in Zones 2, 6, 15 and 16, according to detailed information provided by Guatemala City Mayor Ricardo Quiñonez.
Honduran businessmen agree that the constant increases in electricity rates are making the country less attractive for investment.
The Honduran Electricity Regulatory Commission (Cree) announced a few days ago that by the beginning of 2020 there will be an average increase of 2.9% in the price of electricity.
Bayer announced that it plans to expand the operation of its medical device plant and shared service center in Costa Rica in the coming years.
The increase in its presence in Costa Rica is part of the plan to adjust the operation in Central America, the Caribbean and the Andean countries, which the company will implement over the next two years.
Stryker, a medical technology company, opened a new financial services center to be located in the province of Heredia, from where it will support all its financial activities in the Americas.
The operation is in San Antonio Business Park, in Heredia, where the company opened its offices since last April, according to official information.
Because of the tension between the productive sector and the government, coupled with the lack of official statistics from the Central Bank, some companies in Nicaragua have chosen to stop providing information to the authorities.
In an attempt to hide the complicated economic situation, the country is going through, local authorities have not published information on the Monthly Economic Activity Index since February 2019, when the year-on-year drop was 7.5%. This prevents businessmen from making decisions based on the real situation of the economy.
The Trump administration plan will be aimed at 30 countries of the continent and is called "America Crece", and consists mainly of the development of private investments, granting loans and sale of natural gas surpluses.
By approving the changes to the Special Law for Exploration and Exploitation of Hydrocarbons, the country's oil sector contractors are exonerated from all taxes.
The amendments stipulate that transfers of agreed contracts shall not pay taxes during the exploration period, and the direct or indirect assignment or transfer of all or part of the rights derived under any modality for the activity of exploration and exploitation of hydrocarbons shall be exempt from any capital gains tax.
Super Repuestos, a company dedicated to the marketing of vehicle parts, announced that next year will invest in the opening of two branches, one in El Salvador and another in Honduras.
The sales point of El Salvador will be located in the municipality of Nejapa and the establishment that will operate in Honduras, will be in the city of La Ceiba. Both buildings are currently under construction.
As part of the non-reimbursable cooperation programs that China will implement in El Salvador, $85 million was announced for the construction of water treatment plants in Ilopango and La Libertad.
After investing $3 million, the Super Selectos chain opened a new 2,000-square-meter point of sale in the El Encuentro shopping center in the municipality of San Miguel.
Directors of Grupo Callejas, a business conglomerate that owns the supermarket chain, reported that the new sales point has 35,000 available products, a bakery with fresh products, meats, fruits and vegetables.
Improvements to Liberia's international airport in Guanacaste, with a $95 million investment, is the most important project the Costa Rican government plans to carry out in the next four years.
The Ministry of Public Works (Mopt) informed that the Daniel Oduber Quirós International Airport will receive a $95 million investment for the 2020-2024 period, in work to improve the taxiway, the reconstruction of the entire runway of almost 3 km in length, the reconstruction of the electrical system and expansions, which will involve more expropriations. This is one of the main investments, of the $160 million invested, in execution or to be allocated to local airports and aerodromes.
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