españolPrivate Hospital Announces New InvestmentsThursday, November 19, 2020 In Costa Rica, the Hospital Metropolitano announced that in the next three years it will invest in the opening of four new locations and in the expansion of services in some branches that already operate. Although no further details are provided regarding the locations of the new headquarters of the business group, directors of Grupo Montecristo, the main shareholder of Hospital Metropolitano, said that the establishments will operate inside and outside the Central Valley. Costa Rica: New Restaurant InvestmentMonday, November 23, 2020 The new location in which Friday's invested $150,000 is located in Los Yoses, east of the capital, and has the capacity to serve 180 people, but because of health restrictions it is only half full at the moment. Previously, Friday's served its clients in San Jose in the La Bandera traffic circle, San Pedro de Montes de Oca, but, because its property was expropriated in 2019 due to the construction of a viaduct, the company was forced to close its operations in that location.
BUSINESS OPPORTUNITY
$5 Million for Santo Domingo Metro WorksFriday, November 13, 2020 The Office for the Reorganization of Transportation tenders the construction of the works required for the extension of platforms and mushrooms of the Hermanas Mirabal, Gregorio Urbano Gilbert and Mama Tingo elevated stations of the Santo Domingo Metro Line 1. Dominican Republic Government Purchase OPRET-CCC-LPN-2020-0003: Infrastructure: Future Investments at RiskMonday, November 16, 2020 Due to the economic crisis caused by the pandemic, the income of the Costa Rican Social Security Fund was reduced, which puts at risk the financing of 120 infrastructure projects that together total an investment of approximately $1.521 billion. Prior to the pandemic, Caja Costarricense del Seguro Social (CCSS) plans were to tender and execute over the years 2021-2030, more than a hundred infrastructure projects. Hardware Stores: New Investment in El SalvadorThursday, November 12, 2020 The hardware store chain EPA opened a new 4 thousand square meter branch, located in the city of San Miguel. The new establishment that was inaugurated on November 11 is located on Miguel Angel Benett Avenue and 30 South Avenue. Construction in Nicaragua: Pessimism at the End of 2020Tuesday, November 10, 2020 Since the beginning of the political crisis in 2018, the activity began to decline, the trend continued in 2019 and by 2020 the expectation is that the fall in investments in the sector will be more acute, mainly private ones. Official data indicates that between 2017 and 2018 investment in private construction projects decreased by 17%, from $1,106 million to $914 million.
MARKET STUDY
Rental and Sale of Apartments: What is the Most Sought After?Monday, November 16, 2020 Between July and October 2020 the number of people in Panama looking for apartments to rent grew 34%, while the number of Honduran consumers looking to buy apartments for sale fell 5%. CentralAmericaData's interactive platform, Consumer Insights, monitors in real time changes in consumer habits in all markets in the region and in other Latin American countries, with key data to understand their behavior, new trends and anticipate eventual changes in their buying patterns.
PROJECT PLATFORM
Hass Avocado: New Plantation in GuatemalaWednesday, November 11, 2020 Lomas Altas S.A. has presented the EIA for the cultivation of the Hass avocado variety in a 424-hectare plot of land in the municipality of San Cristobal Verapaz, department of Alta Verapaz. According to the interactive platform "Construction in Central America" of the Trade Intelligence Unit of CentralAmericaData, Lomas Altas S.A., presented before the Ministry of Environment the Environmental Impact Study (EIS) to develop the project called "Establishment and management of Hass avocado plantations, El Recreo farm." Real Estate Market: What Does the Consumer Want?Tuesday, November 17, 2020 Open spaces in the condominiums, green areas and enough rooms to accommodate a home office, are aspects that Guatemalan consumers consider when buying a residential property. As a result of the covid-19 outbreak, the population in Guatemala was subjected to strict quarantine, which caused changes in people's behaviors and modified tastes and preferences. Costa Rican Economy Slowly RecoversFriday, November 13, 2020 After the IMAE reported year-on-year variations of -9% and -8%, respectively, in July and August, during September the Costa Rican economy continued to recover from the impact of the health crisis by reporting a 6% drop in production. The Central Bank of Costa Rica (BCCR) reported that the economy is in the process of recovery, as a result of the process of reopening and gradual lifting of sanitary restrictions, which were imposed following the outbreak of covid-19. However, the upturn so far is not enough to fully recover the loss in production of the previous quarter, so the level of activity is still lower than in the last quarter of 2019.
BUSINESS OPPORTUNITY
$20 Million in Residential Building ImprovementsTuesday, November 3, 2020 In Panama, tenders have been invited for the rehabilitation, maintenance and improvement of 71 multi-family housing buildings, located in the district of Barrio Norte and Cristobal Este, in the district of Colon. Panama Government Purchase 2020-0-03-0-03-LV-040649: El Salvador: $200 Million for Educational InfrastructureThursday, October 29, 2020 The Central American Bank for Economic Integration approved a credit line for the Salvadoran government to reconstruct, remodel and technologically equip 186 schools nationwide. The schools that will be remodeled are located in the departments with high Multidimensional Poverty Index, at the preschool, primary, secondary and high school levels, highlights a statement from the Central American Bank for Economic Integration (CABEI).
BUSINESS OPPORTUNITY
International Tender: Supervision of Electrical WorksThursday, November 5, 2020 Empresa Nacional de Energía Eléctrica de Honduras tenders for the supervision and management of projects to expand electrical substations and build new ones. Honduras Government Purchase ENEE-61-SBCC-CF-: Virtual Business Roundtable with Chinese CompaniesThursday, November 12, 2020 From November 25 to December 4, 2020, the "China-Central America and South Pacific International Trade Digital Exhibition" will be held, a virtual event in which more than 600 Chinese companies will exhibit their products to companies in the region. Construction materials, hardware, light industrial products, machinery, vehicles, communication equipment, electronic products, household appliances and daily consumer goods are some of the types of products that will be presented by Asian companies.
BUSINESS OPPORTUNITY
Tender for $29 Million in Road RehabilitationMonday, November 2, 2020 The Ministry of Public Works of Panama tenders the design, construction, rehabilitation and financing of streets and roads in the district of Changuinola. Panama Government Purchase 2020-0-09-0-01-LV-007184: |
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Tuesday, January 19, 2021 - last update: 4:41 pm
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