Costa Rica: The Other Port Project in MoinThursday, November 20, 2014 The Solis administration has recognized and supported the project which was presented in 2007 for the construction of a container transshipment port with an investment of $900 million. America's Gateway Development Corporation (AMEGA) is the company - together with major contributions from Canadian, British and American funding - which proposed the project to the government of Costa Rica. Costa Rica: Forum on Investment in Limon 2016Thursday, August 18, 2016 Local and international companies will be meeting on August 23 to explore business and investment opportunities in the Caribbean. The event "Invest in Limon 2016" will be held at the Costa Rica Marriott hotel in Belen, Heredia, from 8 am. Taking part in the event will be entrepreneurs, developers and local and international investors who are interested investing in the province of Limón. $45 million Investment in "Low Cost" HotelsWednesday, January 25, 2017 The US budget accommodation group G6 Hospitality has announced that within five years it will build ten hotels in Belize, Costa Rica and Panama. From a statement issued by G6 Hospitality: Nicaragua: $39.3 Million for Road NetworkFriday, July 16, 2010 The Nicaraguan Congress has approved the allocation of funds provided by the International Development Association (IDA). Congressman Wálmaro Gutiérrez commented that the renewal and upgrade works will be carried out on a total of 51km of two highways: Diriamba-La Boquita-Casares and La Virgen-San Juan del Sur. State of Guatemala unsuccessful in stopping Ferrovias lawsuitTuesday, November 18, 2008 Ciadi, based in Washington, rejected the request by the State of Guatemala to suspend the suit for $65 million that was presented by Ferrovias in 2007. By rejecting the objection, the International Center for the Resolution of Investment Disputes (Ciadi) asserts that it has the jurisdiction to handle the case in which the RailRoad Development Corporation (RDC), the majority shareholder in Ferrovias, is suing the Government of Guatemala. Costa Rica: HAS Group is the new operator of Juan Santamaria airportWednesday, October 8, 2008 The Houston Airport System consortium will become the new airport administrator in December, replacing Alterra Partners. Yesterday, the Office of the Comptroller General authorized the transfer of the management contract that was held by Alterra since 2001. Only one company presented offer for Liberia airportFriday, August 8, 2008 American company Houston Airport was the only one of 13 companies originally interested in building and operating the new airport in Liberia, Guanacaste, to make an offer. This is the same firm that is interested in completing the construction of the Juan Santamaria airport in Alajuela. Panama Could Mint $40 Million in CoinsWednesday, April 21, 2010 The Economy Ministry is waiting for a price quote to mint $40 million balboas in coins. The quotation was requested to the Royal Canadian Mint. Palma Real (Royal Palm) announces investment on the coast of HondurasWednesday, August 27, 2008 The "Key View Hotel and Condominiums" project, located in La Ceiba, includes a condominium tower and a five star hotel. The company in charge of the construction is Inmobiliaria Turística del Caribe, which has more than 10 years of experience in this type of work. El Salvador Launches Real Time Settlement SystemThursday, February 18, 2010 It enables real time banking transactions between accounts at different financial entities. It is called LBTR, a Spanish acronym for Real Time Settlement System, and will be operated by the Central Bank of El Salvador (BCR). $246 million for hotel in PanamaThursday, November 6, 2008 Nortia Real State, Manuel Lao's real estate company and who is president of the Cirsa Group, will invest in a big hotel in Panama City. Manuel Lao spoke about the project last night at a dinner which included several important figures on economics and finance from Barcelona. He also mentioned that the project will also have the support of the second vice president of Panama, Ruben Arosemena. US crisis could bring more tourism for the IsthmusMonday, September 29, 2008 The tourism sector in Central America may be able to take advantage of the US economic crisis, since the region is become cheaper than other regions, according to some business persons. Mariano Beltranena, manager of the Vista Real Hotel, said he felt optimistic after participating in the Assembly of the Convention, Meeting and Congress sector carried out in Chicago last week. Central America in the Hands of Drug TraffickersWednesday, February 17, 2016 If emergency measures are not taken, Central America will soon collapse into failed states dominated by criminal organizations who are able to buy political power. This is the dramatic but realistic conclusion reached by a study on the subject carried out by a coalition of Guatemalan institutions composed of the Coordinating Committee of Agricultural, Commercial, Industrial and Financial Associations (CACIF), the National Economic Research Center (CIEN) the Foundation for the Development of Guatemala (FUNDESA) and Fundación G. $100 Million Slated for Costa Rica´s Airport CanceledWednesday, February 11, 2009 J. P. Morgan Bank revoked its $100 million financing proposal for the pending expansion projects at the Juan Santamaría Airport. The loan had been offered to the new managing agent of Costa Rica´s international airport, Houston Airport System Development Corporation, and they were in the thick of the financing process. The company counted on this finanicng to undertake the termination of the projected expansions. Honduras: Business Opportunity with TaiwanThursday, April 4, 2013 The Taiwan Expo 2013 event will be held from 10 to 13 April , with the participation of entrepreneurs from China in business meetings with Honduran businessmen. Taking part in Taiwan Expo 2013, organized by the Taiwanese Council for Development of External Trade (TAITRA), will be 34 companies from that country who are looking for new business and trade opportunities . |
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