Textile Cone Denim Reopens in NicaraguaThursday, January 6, 2011 During the course of the year, the U.S. textile company will restart operations in the country. The start-up would initially create 700 new jobs. AEI Sells Ensa in Panama and Delsur in El SalvadorFriday, January 7, 2011 Spanish group Iberdrola agreed to buy the Latin American assets of Ashmore Energy International (AEI). These include Salvadoran distribution company Delsur and Panamanian ENSA, EDEN (Argentina), Elektro (Brazil), CEO (Colombia) and Chilquinta (Chile). Panama's Tocumen International Aiport Invites Tenders for Fuel SupplyMonday, August 30, 2010 Airport authorities are preparing the bid documents for the supply of up to 250,000 gallons of fuel per day. To date, four companies have been invited to tender offers: Ogden (current operator), Worldwide Aviation, Service Air and Aircraft Service International Group. Millicom Buys 55% of Navega for $60 millionMonday, March 16, 2009 With this transaction, Millicom International Cellular controls 100% of Navega. Navega was created in 2000 by Comcel which is part of Millicom, the Spanish company Iberdrola, EDP in Portugal and Teco Energy in the US, and it provides data transport services in Guatemala, El Salvador, Honduras and Nicaragua. $720 million for coal plant in GuatemalaWednesday, October 22, 2008 Ashmore Energy International (AEI) will invest $750 million to construct a coal energy plant in Guatemala. With this investment the company hopes to produce 300 megawatts which will be in addition to the 234 megawatts being produced, making the total produced by the company 534 megawatts. El Salvador: Amnet Operates Under Tigo BrandFriday, May 15, 2009 El Salvador is the first country in Central America where there was a complete merger. Tigo’s parent company, Millicom International Cellular S. A., invested $14 million to expand Amnet's network in the country. El Salvador: Consolidated Cargo to Los AngelesWednesday, May 20, 2009 Beginning in June, P&S International Logistics will offer ocean freight shipments directly from El Salvador to Los Angeles. Beginning in June, P&S International Logistics will offer the first maritime consolidated freight shipment services directly from El Salvador to Los Angeles. The route, which will be carried out with the APL shipping company, will have an estimated transit time of 8 to 10 days, and it will also operate from Los Angeles to El Salvador. US Restaurant Franchise Looking for InvestorsTuesday, March 14, 2017 The chain International House of Pancakes IHOP is looking for partners to open at least ten locations in Costa Rica. Representatives from the US restaurant chain will be visiting Costa Rica in the next few days to meet with potential investors interested in developing the franchise in the country. The objective of the brand, already present in Panama, is to open at least ten premises. Manzanillo International Terminal ExpansionThursday, December 8, 2011 A $200 million investment has been announced to dredge the access channel, develop a new turning basin, three Panamax docks, more areas for containers and nine gantry cranes. A press release from the Presidency of the Republic of Panama reads: Activity Drops 25% in Panamanian ShipyardsTuesday, November 10, 2009 Shipyard industry, comprising building and repairing vessels, has dropped 25%. 6 shipyards operate in Panama: "Bayano", located in Puerto Coquira; "Juan Díaz", in Juan Díaz, "Nacional", in Vacamonte; "Braswell International" in Balboa, "Veracruz International", in Veracruz and "Industriales de Monte Esperanza", operated by the Industrial Division of the Panama Canal Authority, located in Colón, reported Prensa.com. Financial Services Company Dunbar Opens GuatemalaMonday, November 15, 2010 Multinational corporation Wackenhut acquired the franchise to operate in Guatemala. On October 21st, Wackenhut acquired the franchise for Guatemala and was renamed Dunbar International. ACP Awards Gatun Lake Dredging Contract to Dredging International N.V.Tuesday, June 8, 2010 The Panama Canal Authority (ACP) announced today that Dredging International N.V. has been awarded the contract to dredge an area of the Panama Canal's manmade body of water, Gatun Lake. The dredging project is another integral element of the Canal's Expansion Program. "We are pleased with the competition for this contract for which several premier dredging firms from around the world submitted proposals," said ACP Executive Vice President of Engineering and Program Management Jorge L. Quijano. "The ACP has partnered with Dredging International N.V. in the past and we are confident in its proven expertise to deliver this important component of the Expansion Program. Not only has the ACP benefited from a competitive price that is within the estimated budget, but it is also assured of an effective, high quality execution." Apparel Company Motex Will Operate From HondurasWednesday, February 17, 2010 The Canadian textile company will start operating from Port Cortés Free Zone in March. In its first phase, the “maquiladora” will generate 400 jobs. Work Begins in La Aurora Airport in GuatemalaThursday, May 7, 2009 One thousand meters of runway that are in poor condition will be rebuilt according to the Director General of Civil Aviation. Work will be done between 11 pm and 4 am, so that traffic will not be disrupted. Copa traffic increases 15%Monday, January 5, 2009 Between January and September 2008 the number of passengers that traveled grew 15.1% compared to the same period in the previous year. According to prensa.com, "the airline moved 2.07 million passengers via the Tocumen airport, 273 thousand more than the previous year. |
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