G&T Continental to Invest $15 million in El SalvadorFriday, June 17, 2011 As part of its expansion plan, the bank will invest in the construction of five new branches. The recent opening of branch number 21 on the Gran Via is part of the plan. Mango Clothing Chain Looks to Expand in the RegionFriday, July 8, 2011 Company executives visited El Salvador to discuss malls and evaluate the possibility of investing in new stores. The Spanish chain reported that its sales in Latin America have reported growth rates above 10%, which is encouraging them to explore the possibility of expanding in that market. Mexican Doughnut Franchise Will Come to Central AmericaMonday, July 6, 2009 Beleki is making preparations to bring the franchise to the region; Guatemala and Panama are sites of greatest advancements. As a first step, the Mexican business is registering the brand in order to be used later. Beleki already has letters of intents signed by investors in Guatemala and Panama. Almacenes Simán Expands to Costa ricaTuesday, July 7, 2009 The first Costa Rican store of the salvadoran group will open in November 2009, hiring over 300 employees. In an interview with Nacion.com, Ricardo Simán, president of "Tiendas Simán", speaks about the new store they will open in the fifth stage of Grupo Roble's Multiplaza Escazú, in November of this year. Multibank Targets Regional Banking MarketMonday, March 12, 2012 The Panamanian bank is continuing its expansion plans in Central and South America. Multibank, an entity founded on Panamanian capital, intends to consolidate and expand its share of the banking sector in Colombia and Central America, where it has already acquired full control of Macrofinanciera SA (Colombia) and the incorporation of the company Multi Resuelve (Costa Rica), focused on financing the purchase of cars. Copa Airline’s Expansion PlansFriday, June 8, 2012 The Panamanian airline will invest $1.3 billion over the next 5 years in 36 new aircraft and training of another 200 pilots. Copa Airlines will be expanding in the coming years with a total investment of $1.3 billion which includes the acquisition of several new aircraft including 10 Boeing 737-800 "Next Generation" in 2012, in order to complete a fleet of 79 craft. Dos Pinos Announces new Regional InvestmentWednesday, January 19, 2011 The Costa Rican company announced expansion plans in Honduras, the Dominican Republic and Panama. The arrival of firms Lala, Femsa and Casaluque into the regional market influenced the company´s decision. Jorge Pattoni, manager of Dos Pinos, preferred not to talk about the type of investments to be made but said the company will not be sold and will further strengthen to compete in the regional market. Grupo Monge Invests $45 Million in Regional ExpansionWednesday, March 17, 2010 The home appliances chain will open new stores in Guatemala, Honduras and Nicaragua. Company president Gastón Monge commented they plan to open 40 new stores in Guatemala using the “Gallo más Gallo” brand. The Coffee Cup Franchise Expands in Central AmericaMonday, May 25, 2009 The chain just opened its fifth store in Honduras and it expects to open its first one in Costa Rica in July, while negotiating entry into the U.S. The franchise model of the Salvadoran “The Coffee Cup” Company currently has 18 stores in El Salvador and it plans to open 2 more stores in the country and 2 others in the region. IT Services: $20 Million in New PlantMonday, January 20, 2020 Teradyne, Inc. announced that it will build an industrial plant in the Coyol Free Zone, Costa Rica, which will have an area of 11 thousand square meters, from where it will provide its customers with electronic services and IT support. The building will begin construction in January in the industrial park of the province of Alajuela, and is expected to be completed in July 2021, reported the Costa Rican Coalition of Development Initiatives (Cinde). Wal-Mart expands services in GuatemalaFriday, August 15, 2008 The supermarket chain, Wal-Mart, plans to continue its expansion and its strategy leans towards attending consumers in the province. According to Aquileo Sanchez, Communications Director for Wal-Mart Central America, through the rest of 2008 and the beginning of next year, they plan to open between 10 and 15 new stores. Sanchez said that this proposal is a part of a strategy of focusing its objectives on consumers who are looking for basic items at low prices. The Potential of the Pharmaceutical Industry in El SalvadorFriday, September 22, 2017 The degree of development of laboratories and the relevance of the plastic industry stand out as two of the advantages that the country offers for investment in the pharmaceutical industry. A study prepared at the request of the Export and Investment Promotion Agency of El Salvador concluded that the chemical - pharmaceutical and cosmetic sector has a high potential for expansion, highlighting the added value provided by the development of laboratories and the strength of the plastic sector. There are currently 46 pharmaceutical companies and 23 companies in the cosmetics and hygiene industry operating in the country. Connection Between Panama Pacific and Centennial BridgeTuesday, July 23, 2013 In two months a tender will be launched for construction of the first exchange for the connection between the old Centennial Bridge and the former Howard base. Capital.com.pa reports: "The Panama Pacifico Agency (APP by its initials in Spanish), taking into account the importance of the work for connectivity in the country, has decided to obtain funding resources from London & Regional Panama (L & RP), the company that is developing the Master Plan for the former Howard military base," noted an article in Capital.com.pa. Costa Rica: $10 Million Invested in ITS InfoComunicaciónTuesday, September 8, 2009 The resources will be used in the company's regional expansion process. The investment was done by private capital management company Aureos. Guatemala to Put Electric Lines Out To TenderThursday, March 11, 2010 The Electric Energy Commission could launch a bidding process to build and install secondary transmission lines. Carlos Colom, president of the Energy Commission, explained that these lines (69 and 138 volts) are included in the Electrical Transmission Expansion Plan (PET). |
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