The Walmart supermarket chain plans to expand and remodel its distribution center located in the municipality of Villa Nueva, department of Guatemala.
According to the interactive platform "Construction in Central America" of the Trade Intelligence Unit of CentralAmericaData, Operadora de Tiendas S.A., submitted to the Ministry of Environment the Environmental Impact Assessment (EIA) to develop the project called, "Distribution Center of Guatemala."
An industrial plant for the processing of vegetables, fruits, grains, dairy products, roots and tubers will be built in the canton of Coto Brus, province of Puntarenas.
The Costa Rican government awarded the contract for the construction of this industrial complex to the company Vidalco Empresa Constructora. It is estimated that the overall investment will be approximately $3 million.
Code Development Group announced that it plans to build a new free zone in Grecia de Alajuela, Costa Rica, which would house companies in the high technology sector.
Directors of Code Development Group, who are also part of the group of partners of the Free Zone of Coyol, reported that the new business park would be named "Code" and that the project already has the endorsement of the municipality of Greece.
In Panama developers are being more cautious when making decisions regarding the construction of industrial projects, as they prefer to build buildings based on the needs and demands of customers.
In the current situation of the country, where investment in new construction, additions and repairs, reports a 9% contraction until October 2019, developers in the industrial real estate market have chosen to migrate to the "Built to Suit" (BTS) leasing model.
In the municipality of Nuevo Cuscatlán Grupo DecoArte began the construction of a corporate complex that will have office space, events area and offices.
Representatives of Grupo DecoArte informed that currently the corporate complex called "Salamanca" is in phase of commercialization of the office-warehouses that will be built in the first stage of the project.
In an area of 39 thousand square meters located in the village of Pacora, the plans are to build an industrial building that will be used by a company manufacturing metal structures.
Industria Correagua, S.A. presented to the Ministry of Environment the Environmental Impact Study (EIA) called "Construction of Gallery No. 2".
Villa Nueva, Villa Canales and San Miguel Petapa, are the municipalities in Guatemala that have a high commercial opportunity for new developments of warehouses and industrial parks.
Although the greatest potential for developing new warehouse-office parks in the country is located in the southern municipalities of the metropolitan area, there are also growth opportunities in the El Naranjo sector, in Mixco, and also in the Atlantic exit.
On an area of approximately 43,000 square meters in Alajuela, Costa Rica, an industrial complex consisting of 41 office-warehouses is planned.
Pinto Lopez Hermanos LTDA submitted to the National Environmental Technical Secretariat the Environmental Impact Study (EIA) to develop the project called, "Construction of 41 office-warehouses Las Cañas and parking in green areas, with treatment plant."
The site is in Sardinal de Carrillo, Guanacaste. It has a construction area of 51 thousand square meters, 2 sheds and a refrigerated network of 7 chambers for product maintenance and 2 freezing tunnels.
In a statement issued by the government, it is indicated that on July 24 began operations the first stage of the Regional Wholesale Market Chorotega, in which some 6,500 producers of Guanacaste and Upala will market their products directly.
Although in Costa Rica the level of unemployment of buildings in industrial parks is 8%, some precincts are facing threats, since companies could leave them because of the traffic congestion in the area where they are located and the travel time of employees.
For Colliers, other threats faced by industrial parks in the country to have their facilities unoccupied are that companies have several sites for the separation of their processes and competition for human resources.
The expansion of a road in Panama, the construction of a tourist center in Costa Rica and an office-warehouse complex in Guatemala are part of the projects planned for the coming months in the region.
The interactive system "Construction in Central America", compiled by the Trade Intelligence Unit at CentralAmericaData, includes an up to date list of public and private construction projects that are expected to be built in the coming months.
In Costa Rica, it is estimated that rental housing with the best rates of return can be found in Escazú, Santa Ana, Sabana, Rohrmoser and the North of Heredia.
Estimates from Colliers Internacional detail that in the case of the office warehouses, the areas close to the Airport, the Coyol in Alajuela, and the Uruca, Heredia, Valencia, Lagunilla, San Francisco and Ochomogo, are the areas with the best profitability.
NTN Sudamericana S.A., a company dedicated to the manufacture of bearings, invested $40 million in the construction of a storage warehouse in the Colon Free Zone.
The company is the third largest manufacturer of bearings in the world, and also produces homokinetic joints and other automotive and precision industrial equipment, reported the Colon Free Zone (ZLC) in a statement.
Last year, 62 environmental impact studies for the construction of industrial plants were presented in the countries of the region, and Costa Rica represented 73% of the estimated investment.
The interactive platform "Construction in Central America", compiled by the Trade Intelligence Unit at CentralAmericaData, includes an up to date list of public and private constructionprojects for which environmental impact studies (EIA) were submitted to the respective institutions of each country.
In El Salvador, a $5 million, ten-warehouse industrial park is expected to be built at kilometer 13 of the Comalapa highway in San Marcos.
Representatives of the Quality Grains company informed that they plan to begin construction work on the complex of wineries next January 18th and would be completed by the end of June.
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