Chinese Construction Company Accused of FraudWednesday, March 4, 2015 China Harbour Engineering Company, one of the bidders in the tender for Line 2 of the Panama Metro and a contractor for road works in Costa Rica, is ineligible to participate in projects financed by the World Bank. Given the criticisms over its main involvement (60%) in one of the consortia which submitted bids for the construction of the Panama Metro Line 2, a spokesperson for China Harbour Engineering Company (CHEC) Latin America argued that ".. Construction: $40 Million in Bidding ProposalsFriday, December 20, 2019 The Mexican consortium Caabsa-Pret submitted the lowest bid to rehabilitate the road between Gatun and Miguel De La Borda, on the coast below the province of Colon in Panama. Prensa.com explains "... The second most economical offer was that of Concreto Asfáltico Nacional, for $41.9 million, while Consorcio Colón, made up of Constructora Meco and Constructora Esquival offered $42,843,335." Panama may invest $350 million in Atlantic HighwayMonday, October 20, 2008 The construction of the highway, baptized by the MOP as the Gran Costanera, would connect the Colon and Bocas del Toro provinces. The Ministry of Public Works (MOP) plans to build a highway connecting the Colon and Bocas del Toro provinces. Panama: Road Works in Colon AnnouncedWednesday, July 1, 2015 The Ministry of Public Works is planning to build 40 kilometers of road, 5 bridges and 8 storm drains in the province of Colón, between Miguel de la Borda and Coclé del Norte. From a statement issued by the Ministry of Public Works in Panama: El Salvador: Reconstruction Plan for $21 millionTuesday, December 20, 2011 The government has presented a reconstruction plan for Bajo Lempa for $21 million and reiterated its commitment to the development of this area of El Salvador. A press release from the Presidency of the Republic of El Salvador reads: Guatemala: Road Infrastructure Investment FallsWednesday, December 9, 2015 The construction sector considers that the amounts allocated for road works in the 2016 public budget are lower than in 2015 and will not be enough to complete the works the road network needs. Construction companies predict that public investment in 2016 will be lower than in 2015 and insufficient to provide the actual maintenance that the country's road infrastructure needs. Nicaragua: Airport in Costa EsmeraldaTuesday, August 5, 2014 The Tourism Incentives Board has approved the granting of tax exemptions to build an airport in Guacalito de la Isla. The airport will be built by the Corporación del Sur SA and will be located in the luxury resort of Guacalito del la Isla. The agreement approved by the Board of Tourism Incentives at the Nicaraguan Tourism Institute grants tax exemptions "... for the first stage of construction of the project, which will cost $12 million. " $18 Million for Isla Saboga in PanamaWednesday, July 1, 2009 Grupo del Sol, GVA & Asociados and the Evergreen Institute are investing in a real estate development that includes condominiums, residences and boutique hotels. Located 35 kilometers from Panama City, the 755 hectare Isla Saboga is part of the Las Perlas chain of islands. Rio Hato Airport to be Inaugurated in July 2013Wednesday, September 12, 2012 Works on the adaptation and renovation of what will be the third international airport in Panama are 70% complete. A statement by the Presidency of Panama reads: Construction Started on Rio Hato AirportMonday, September 19, 2011 The MECO Construction Company has received the order to begin construction of a tunnel on the Panamerican Highway and renovation of the runway at Scarlett Martinez airport. A statement of the Presidency of Panama reports: |
|