españolTransfer port proposed for Costa Rica's Caribbean coastWednesday, October 29, 2008 The construction of the port was proposed for Costa Rica by American Gategay Development (Amega). The infrastructure would be used for big ships that cannot cross the Panama Canal; goods would be transferred to smaller vessels to continue the journey. Panama to Cancel Oil ConcessionMonday, April 26, 2010 The government canceled an oil exploration and exploitation concession granted in 2007 to Harken de Panama Ltd. Harken is a subsidiary of Global Energy Development PLC, and had a concession to explore and exploit oil in the gulf of San Miguel, province of Darien. $3 Million Tourism Development Project in Panama AnnouncedWednesday, April 29, 2009 Zcom Networks announced the acquisition of the Playa Paraíso Real Estate Development Project. According to the press release issued by the company, the project will have 5 villas on the beach and 20 condominiums. Concession for Quarry in PanamaWednesday, October 16, 2013 For a period of 20 years Corpus Christy Mineral Development could extract nonmetallic minerals in the village of Las Margaritas, district of Chepo. The company could "... exploit 256.33 hectares in Las Margaritas and if the comply with the obligations satisfactorily, could have the permit extended for 20 years as stipulated in the contract ...", reported Prensa.com. Panama: $ 84 Million Project in DangerMonday, October 25, 2010 The Greater Panama company announced it has set a December deadline to cancel the project. The real estate project, developed by Panama Investment and Development Corp., located in La Chorrera, has not received final approval from the National Environmental Authority (ANAM) for its Environmental Impact Study. Panama: $4 Million for Recreation CenterThursday, February 4, 2010 Sea Club Panama will be opened two months from now, featuring the largest pool in Central America. The first phase of this project comprises a large lagoon, two pools, an outdoors gym, restaurant and spa. Panama: Mixed Property Development for $21 millionThursday, November 10, 2016 An Environmental Impact Study has been presented for the construction of basic infrastructure to develop a residential and commercial complex 20 kilometers from Tocumen airport. The Environmental Impact Assessment (EIA) was introduced by Everblue Development Corporation, INC. to the Ministry of Environment in August 2016, and describes the main objective of the project as "... developing a real estate complex with high quality scenery, balanced between city and nature and with a combination of residential and commercial recreational facilities which consolidate a node of integration between Panama City and this region. Guatemala Sells Railway to KoreansThursday, May 19, 2011 Representatives from the Korean companies Hyundai and Yoochang have announced an agreement with the current owner of the Railroad Development Corporation, and a total investment of $2,400 million. The Korean companies Hyundai and Yoochang Corporation plan to invest in restoring the functioning of the railway linking the Pacific and Atlantic coasts , to create a land alternative to the Panama Canal. Panama: More "Overdue" Bonds in Stock MarketWednesday, April 27, 2016 A $2.7 million issue made by the UHR Development Company which intended to build a boutique hotel in the area of Bella Vista has been declared overdue. In 2013 the company attempted to raise $12 million on the Panamanian stock market, but apparently, the issue was not attractive enough and they ended up raising only $2.7 million. Three years later, the issue has been declare past due, and should have been honored by UHR Development on 22 February 2016. Panamanian Sea and Coasts Concessions EvaluatedThursday, April 16, 2009 AMP will consider today whether to grant the concessions requested for the Panamanian coast and ocean floor. Among the concessions sought from the Panamanian Maritime Authority (AMP) are one for marine tourism and the other for the construction and operation of a dock for transferring fuel to ships. Additionally, a concession was requested to provide docking, loading and unloading of containers and the construction of a freight building, and another to construct and operate a terminal for the transshipment of oil products. Panama: Two Coast and Sea Concessions ApprovedFriday, April 17, 2009 AMP approved two of the four concessions that it was assessing yesterday, leaving two pending a resolution. The Panamanian Maritime Authority (AMP) authorized the award of more than eight hectares to the Decal S.A. Company to build and operate a dock on the island of Taboguilla for fuel transshipment and also approved a five acre concession for Miramar Development Corp. to build a tourist marina in Avenida Balboa. IntComex to distribute Dell computers in Central AmericaFriday, September 19, 2008 INTCOMEX announced that launch of distribution of Dell computers for Central America and the Caribbean. "This is a great transition and reorganization by Dell in order to consolidate its market share in Latin American, and we believe that this is a great opportunity for INTCOMEX to use our infrastructure and knowledge of the market," said Yosi Kroitoro, vice-president of Business Development at INTCOMEX. $50 million Residential Project in PanamaFriday, May 26, 2017 A residential complex is to be built in a 6-hectare plot and will contain 416 apartments in 8 14-storey buildings within the development area of Costa Sur, in Juan Diaz, Panama. On March 6 of this year San Marino Eco Development S.A. submitted to the Ministry of Environment an Environmental Impact Study (EIA) to develop a residential project aimed at the middle-upper middle class segment in the Juan Díaz district, District and province of Panama. Honduras: The Dry Land Panama Canal?Thursday, August 14, 2008 Honduras lies just about 1,000 miles southwest of Miami. A great location for commerce with the U.S. Antonio Young is the Executive Vice President of FIDE, Honduras’ Foundation for Investment and Export Development. He says Honduras’ strategic location provides an invaluable access to Latin American markets. And, with the continued development of Honduras’ north-south highway, called the Logistic Corridor, Antonio says Honduras could be the dry land version of the Panama Canal. $10 Million Investment in a Multipurpose TowerFriday, March 6, 2020 A ten-story tower will be built on a 1,742-square-meter lot in the town of San Francisco, Panama Province, to house apartments, offices and commercial space. According to the interactive platform "Construction in Central America" of the Trade Intelligence Unit of CentralAmericaData, Silver and Gold Development, INC, submitted to the Ministry of Environment the Environmental Impact Assessment (EIA) to develop the project called, "P.H. Grand Palace Business Center". |
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Saturday, December 9, 2023 - last update: Friday, 5:27 pm
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