In Costa Rica, some toy businesses have decided not to raise prices during 2019, ally with banks and make special offers in order to increase sales in a context of economic slowdown.
The Costa Rican Social Security Fund has received five offers for the design, construction and equipment of the Víctor Sanabria Hospital, which will be located in Puntarenas.
Representatives from the CCSS reported that the companies that pre-qualified and presented their offers were Constructora Gonzalo Delgado, Consorcio San José-BTD, Van der laat and Jiménez-Ingelectra, Estructuras-Edificar and Edica.
In Costa Rica the consortium formed by ICE, Racsa and PC Central, offered three zones for a total amount of $70.8 million, Coopeguanacaste offered to connect zone # 2 for $20 million and Telecable offered to service zone # 3, for $15.5 million.
The Superintendency of Telecommunications stated that the program Connected Public Spaces of the National Telecommunications Fund (FONATEL), received offers from two companies and a consortium interested in developing the Public Connected Spaces program to bring free Wi-Fi to 515 zones throughout the country; including parks, squares, libraries, train stations, Civic Centers and the campuses of the 5 public universities.
Four consortiums made up of companies from China, Spain, Italy and South Korea have presented their proposals to design and build a fourth bridge over the Panama Canal.
The timeframe for building the work has been estimated at 42 months, and the estimated investment is over $1 billion.This project aims to connect the areas of Arraiján and La Chorrera, to the west, with Panama City, near the Canal Pacific sector.
Four consortia have submitted proposals ranging between $16 million and $25 million to build a bridge, which will be 285 meters long and will have three lanes, over the River Virilla on Route 32.
The consortia MECO-Puentes y Calzadas, CODOCSA-FREYSSINET-IDINSA, OAS-Orosí and Constructora HSolís submitted bids in the tender to build a new three lane bridge on Route 32 over the Virilla Bridge in the cantonal boundary between Tibás and Santo Domingo de Heredia.
When sales start to slow, promotions and special offers look like a great lifesaver.However, these measures do not always improve business performance.
After several failed attempts, it has been announced that eleven construction companies have now pre-qualified and it is expected that work the work, valued at $30 million, will start in the second half of the year.
The companies which have expressed interest and will have to submit their bids no later than June 24 are: Estructuras S.A, ICA S.A, Constructora Gonzalo Delgado S.A, Constructora Navarro y Avilés, Edica Ltd., Constructora Van Deer Lat y Jiménez, Copisa-Setecoop, FCC Centro Nacional de Convenciones, Consorcio Sogeosa-Constructora Eliseo Vargas and Edificar S.A.
Of the fourteen companies that showed interest in taking part, only nine presented and explained their proposals to the Executive Unit of Loan with the Inter-American Development Bank.
The names of the participating companies were not disclosed and presentations were held behind closed doors, with the justification that "... the session should be closed to the public in order to avoid objections from interested companies." Representatives from the Inter-American Development Bank (IDB) noted that they will only announce the names of the six companies that are selected.
The National Roads Authority will be receiving proposals from private and public banks to administer the trust for the construction of the road from San Jose to San Ramon.
The banks involved have a week to present their proposals, later the National Highway Council (CONAVI) will evaluate the experience of the entities in the administration of trusts and a assessment will be made of the commission for recovery.
The Costa Rican Institute of Railways has announced that it is analyzing the purchase of machinery from abroad in order to set up an electric railway system in the capital.
Although an amount for investment in the purchase of electric trains has not yet been established, nor are there any feasibility studies to justify it, the Instituto Costarricense de Ferrocarriles (Incofer) is looking for offers from abroad, especially in Europe and China.
The International Coffee Organization estimates that global demand will reach 175 million sacks of 60 kilos in 2020, driven by the markets of China, South Korea and Russia.
The sophistication of consumers and a growing preference for coffee in markets such as South Korea, China and Russia will be part of the main factors driving the increase in demand for the grain in the coming years.
In the tender for road safety equipment to cover for 15 kilometers of road three companies submitted offers between $2.8 and $3.2 million.
The proposals in the tender for protective barriers on a 15 kilometer stretch of road on the Florencio del Castillo Highway were submitted by: Codocsa, with an offer of $3.6 million, Hernan Solis, with $1.05 million and Horizontes de Vías y Señales, with a proposal of $2.3 million.
In Costa Rica changes have been made to the specifications of tenders for road maintenance works, which now include an option for small businesses to bid for works that do not require specialized equipment.
Until October 31st draft documents will be available for public consultation so that interested companies can send comments and suggestions to the Road Safety Council.
The Department of Agriculture of the United States has authorized the entry of pineapples and other fresh fruits from Malaysia.
Costa Rica will have to face competition from pineapplesexported from Malaysia to the U.S. market. Although initially it is expected that there will be a low volume in the market, affects could be felt in the medium and long term.
The rapid increase in the range of food in Costa Rica in recent years has surpassed demand and one in three restaurants are now selling less.
According to the results of a survey entitled "Prospects for the tourism sector" by Expo Hotels and Restaurants (Exphore) and the research firm API, 27% of restaurants had a sales decrease of 27% because of the new supply.
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