In Panama, a bill was approved that will grant tax exemptions until 2025 to those who make investments in hotels and recreational activities.
On December 31st, President Cortizo sanctioned the bill that provides tax incentives to the tourism sector by modifying some of Law 80 of November 8th, 2012.
Through a strategy that will be implemented in the coming years, the authorities seek to position the country as a gastronomic destination by 2026.
According to the National Gastronomic Tourism Strategy for the period from 2019 to 2025, to be implemented by the Guatemalan Institute of Tourism (INGUAT), the country will work in four axes.
The Salvadoran Corporation of Tourism tenders the works of supervision and improvements of the physical facilities of the tourist complex of the Port La Libertad.
For the end of 2019, is scheduled the inauguration of Oceana Resort, a hotel complex that will offer 200 rooms and is located on the beach of Iztapa, department of Escuintla.
Oceana Resort + Conventions will be a hotel that will have a total of 22 thousand square meters of construction and will operate under the format of "all-inclusive". The building is located at kilometer 6 of the road from Iztapa to Monterrico.
The Canyon Group plans to invest more than $200 million in the construction of its first resort in Central America, which will be on the Papagayo Peninsula in Guanacaste, Costa Rica.
Without specifying the start date of construction of the new resort, which will be part of the brand of hotels "Six Senses", the developers of the project reported that the hotel is expected to be ready in mid 2021.
The reported drop in investment in the tourism sector explains part of the 22% drop recorded in Foreign Direct Investment between 2017 and 2018 in Costa Rica.
Figures from the Central Bank of Costa Rica (BCCR) detail that between 2017 and 2018 the flow that reached the country fell by $608 million, from $2,742 million to $2,134 million, equivalent to a decrease of 22%.
Because of the delay of the Costa Rican authorities to solve the problem of water supply in the Gulf of Papagayo, developers request that the terms of the concessions granted to them to develop tourism projects in the area be extended.
The Instituto Costarricense de Turismo (ICT) has already received requests for concessions to be extended, because some of the projects that have not been completed have already consumed half of the time they were granted.
On a 21-hectare site in Sardinal, Guanacaste, a tourist complex consisting of a hotel and private residences is planned.
ML CR Continental LLC presented the Environmental Impact Study (EIA) to develop the project called "Hotel and Villas Cala del Sol", which will be made up of three hotel villas and seven private residence villas.
In the coming months, it is planned to build in Alajuela, Costa Rica, a real estate complex consisting of a hotel, an office building and a commercial area.
Inversiones Andino S.A. presented the Environmental Impact Study (EIA) to develop the project called "City Towers Alajuela", which will have a construction area of 26 thousand square meters.
On a 360-hectare property in the district of Chirú, in the province of Coclé, the project plans to begin building the basic infrastructure for the subsequent development of a tourism project.
According to the interactive information system "Construction in Central America" by CentralAmericaData, Desarrollo Turístico Solmar, S.A. presented the Environmental Impact Study to the Panamanian authorities of the project called "Development of Basic Infrastructure for Solmar Tourism Project."
Of the $91 million invested in tourism projects in El Salvador during 2018, 87% went to finance private works and 13% to public infrastructure.
The Ministry of Tourism (MITUR) reported that among the projects with private investment are works located in the Ruta de las Flores with an approximate investment of $6.27 million, in El Tunco beach with $3.8 million, in Boquerón $1.36 million and in the Ruta Fresca $1.8 million.
With the purpose of diversifying its income and attracting more visitors, the authorities of the Panama Canal plan to develop new tourist attractions during the next five years.
Representatives of the Panama Canal Authority (ACP) informed that after the Canadian firm Forrs conducted a study to identify the attractions that could be developed, it was concluded that some of the investments that will be granted in concession for its exploitation are the expansion of the visitors center and the construction of a new one, a 2,500 m2 park for children's activities and the operation of a cable car.
It is expected that in the following months will be built in Bahia Ballena, Puntarenas, a terminal with 93 spaces for berthing boats of different sizes in Costa Rica.
According to the interactive information system "Construction in Central America" of CentralAmericaData, Deep Trench Developes CR Adventures S.A. presented the Environmental Impact Study (EIA) to build a terminal with 93 spaces available for berthing boats of different sizes.
The Salvadoran government approved the construction of Plaza Marinera, which will have a 10,000 m2 area and will be in La Libertad Port.
The El Salvador Ministry of Tourism (Mitur) reported that Plaza Marinera will be built within a year and the work will require an investment of approximately $5.6 million. According to the authorities, the resort is expected to receive more than one million national and international tourists per year.
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. "
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