Environmental Studies for Grand Canal of NicaraguaThursday, November 28, 2013 The Government and Chinese companies responsible for analyzing the environmental viability of the project have made presentations private on the partial developments. Environmental Resource Management (ERM) and China Railway Construction Corporation (CRCC) submitted to the Technical Advisory Committee of the Grand Canal, and without allowing access to journalists - the progress of the environmental studies for the construction of the inter-oceanic canal. Costa Rica: Questions Over The Chinese Company That Will Build HighwayTuesday, November 26, 2013 The Costa Rican government has signed a $395 million loan conditional on the award of a contract to a construction company that has been blacklisted by the World Bank. China Harbour Engineering Company (CHEC) will expand the stretch of 107 kilometers on the road to Limón, despite questions having been asked in four countries regarding fraud and bribery. Reasoned Optimism Over Nicaragua's Grand CanalFriday, November 1, 2013 The Nicaraguan business delegation that visited China returned with objective grounds for believing in the realization of the project by the company HKND. An article in Elnuevodiario.com.ni summarizes the opinion of Arturo Cruz, an analyst, diplomat and scholar, and member of the Nicaraguan delegation recently returned from China, where they met the businessman Wang Jing who revealed information on the relationship between him and his company HKND with the Chinese business political system. Progress in Transmission Line TenderWednesday, July 3, 2013 Thirteen companies have toured the Etesa power substations as part of the bidding process for the design, supply, construction and financing of the third transmission line of 230 kilowatts. According to Argelis Echazabal, Project Manager at Empresa de Transmisión Eléctrica S.A. (Etesa), the tour is part of the bidding process as indicated in the tender conditions, so that bidders can obtain all the necessary field information for preparing their proposals. 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. The Tiger Shows its SpotsTuesday, June 18, 2013 A Chinese state heavyweight is the company contracted to carry out the feasibility study for the Grand Canal of Nicaragua. This is good news for Nicaragua: peaking out from behind the unknown HK Nicaragua Canal Development and its president Wang Jing, are the real stakeholders in the Grand Oceanic Canal. Panama: 40 Companies Interested in Electricity TenderThursday, June 13, 2013 An award will be given for the construction of the third transmission line Veladero-Llano -Sánchez-Chorrera Panama of 230 kilowatts, and the Associated Substations. The companies who attended the clarification meeting of the tender sought to extend the deadline for the receipt of bids, set for next July 1. Maritime Concessions in Isla Margarita ApprovedFriday, May 31, 2013 The contracts for the construction of a port and container yard in Isla Margarita, township of Cristobal, in the province of Colon, were approved on the second reading. The full National Assembly approved on its second reading draft laws No. 606 and No. 607, which approve the contracts between the state and the companies Panamá Canal Colon Port, Inc., and United Crown Construction, Inc., respectively, for the construction of a port and container yard on Margarita Island, village of Cristobal, in the province of Colon. Hacienda Pinilla Cancels Auction and Announces ReinvestmentFriday, May 24, 2013 The company Agroganadera Pinilla SA has decided to keep control of the company and waive the auction for the sale of the 1,800 hectares of Hacienda Pinilla in Guanacaste, Costa Rica. In order to do this, the board of the company named Bree McClure Pattillo as successor to his grandfather HG (Pat) Pattillo, founder of the project. 'Pattillo is a director and holds executive positions at Pattillo Construction Corporation and various real estate companies in the United States and has been engaged with the project for more than two decades," noted an article in Elfinancierocr.com. 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. First Quantum Suspends Cobre Panama Mine ContractsWednesday, April 3, 2013 Following the acquisition of Inmet Mining, the former owner of the mega mining project in Panama, First Quantum has suspended construction contracts with SNC-Lavalin, for $120 million. A statement by SNC-Lavalin notes that, "First Quantum Minerals, which recently acquired a majority stake in Inmet Mining Corporation (Inmet), and took control of the Cobre Panama project, typically directs and executes its projects based on direct internal recruitment procedures, looking for external experience only when necessary. " Work Begins on Third Canal BridgeWednesday, January 9, 2013 The company Vinci Construction Grands Projets received orders from the Panama Canal Authority to proceed with the works for the construction of the bridge over the Canal. The company, who won the tender last October, must complete the works within a period not exceeding 42 months. Tender for Controller for Convention Center WorksWednesday, December 12, 2012 The Tourism Authority of Panama in the next few days will issue the tender specifications for the procurement of the company responsible for overseeing the construction of the new convention center. Solomon Shamah, administrator of the ATP, said the documents are ready and that they will be published sometime between Friday and Monday next week. 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". Minera Panama Awards Contract for PlantWednesday, November 14, 2012 Inmet Mining Corp, owner of the mega project to extract copper in Panama, has awarded the construction of its processing plant. The project will be headed by Joint Venture Panama Inc. (JVP), a consortium made up of the mining division of SNC-Lavalin, GyM SA (part of Grupo Grana y Montero) and Techint International Construction Corp. |
|