Guatemala: Road Construction DelayedTuesday, September 10, 2019 Because 46 right-of-way invasion conflicts were reported, the four-lane widening of the road from Sanarate to the Ranch will be completed by 2020. The extension of a 28-kilometre stretch of the Atlantic Route, which connects the country's capital with Puerto Santo Tomás de Castilla, faces multiple difficulties, since 125 cases of invasion of the right-of-way have been registered, of which 46 became conflicts and 10 were described as "critical." The proposals to Build the Fourth Bridge Over the Panama CanalThursday, October 5, 2017 Four consortiums made up of companies from China, Spain, Italy and South Korea have presented their proposals to design and build a fourth bridge over the Panama Canal. The timeframe for building the work has been estimated at 42 months, and the estimated investment is over $1 billion. This project aims to connect the areas of Arraiján and La Chorrera, to the west, with Panama City, near the Canal Pacific sector. Foreign Investment Figures in Central AmericaMonday, August 14, 2017 In 2016 44% of foreign direct investment in the region was concentrated in Panama, and a fourth consecutive year of increases was recorded, with 16%, while Costa Rica received 27% and increased by only 1.1%. From chapter I of the report "Flows of FDI in Latin America and the Caribbean", by the ECLAC: Who Wants to Build Line 3 of the Panama Metro?Friday, June 2, 2017 Nine consortiums from China, Italy, South Korea, Spain, Brazil and Portugal want to be prequalified to design and build Line 3, which has $2.6 billion in financing. From a statement issued by Metro de Panama: Shortage of Ports in the Panamanian PacificFriday, January 22, 2016 It is not only the port of Corozal which needs immediate promotion, there is also an urgent need to keep building port infrastructure in order to take advantage of the Canal expansion. EDITORIAL Awards: Roadworks for $123 millionMonday, January 18, 2016 In Guatemala the company Overseas Engineering & Construction has been awarded a contract to build the 27-kilometer stretch between Sanarate and El Rancho, on the CA-9 North highway. The Taiwanese company with multinational presence will be responsible for carrying out the work, after having submitted a financial offer for a total of $123,760,264 in the restricted international tender, announced on November 13, 2015. 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 ".. Taiwan Supports Guatemala in Road ConstructionWednesday, June 19, 2013 The expansion of the Atlantic Road will be funded with a donation of $50 million and other $50 million in loans. The Taiwanese government will donate $50 million for the expansion of the Atlantic Highway, and has also authorized a soft loan for another $50 million for the project which has a cost of $119 million. Little Transparency in Public Construction WorksThursday, May 2, 2013 Recommendations have been made to Guatemala to update and modify the legal framework for state contracts and disclosure on public works, something that is not done officially. These recommendations were made in the third report on transparency in the Construction Sector by the World Bank (Cost). The study notes that there is opacity in the delivery of information about buildings, as there was a reduction from 65% to 54% in key information on 17 projects covered by the research conducted in 2011. Lack of Planning and Design in Public WorksTuesday, November 27, 2012 The Guatemalan Association of Construction Contractors has pointed to a weaknesses in procurements by the state. According to an article in S21.com.gt "... the president of the Guatemalan Association of Construction Contractors (AGCC), Alvaro Mayorga, ... said that while government institutions meet important requirements to make the projects transparent, because they don’t have a planning and design office, the projects lack of quality and their costs are too high". Guatemala: Korean Company agrees to Purchase FerrovíasWednesday, January 11, 2012 Representatives from YooChang Construction announced an agreement to purchase 82% of the shares of the Railroad Development Corporation (RDC), owner of Ferrovías. The announcement was made by the president of YooChang Construction on a visit to Guatemala, who next week will be holding a meeting with directors of the RDC for the purpose of defining the first payment agreement. Guatemala Awards Construction Works for $ 26 MillionTuesday, March 15, 2011 The five projects awarded are for road reconstruction in the Atlantic coastline area. The reconstruction of segments Sanarate-Agua Caliente, San Antonio Paz-El Progreso, was awarded to Overseas Engineering and Construction Co. Ltda., SA. Israel's H&C will build Highway in GuatemalaTuesday, October 13, 2009 The company won a $230 million contract to enhance the highway dubbed "Franja Transversal del Norte", which connects the country's north. The company must finish the project in 3 and a half years, and provide maintenance for an additional 10. Company Profile
Manufacturer representative of Construction Chemicals products for Central America, Caribbean and Panama The Best Managers Manage the LessWednesday, August 26, 2009 Wish to get the best possible performance from a lazy team? Don't do the tasks they aren't doing. The worst thing a manager can do is to cover the deficiencies of his team with his own effort, being constantly over them hastening them, giving them precise instructions on how to do each task, and pretending to show your bosses how hard you work. |
|