españolPPP for Highway Lighting and Surveillance DelayedFriday, January 22, 2021 Due to the effects of the pandemic, Salvadoran authorities decided to postpone until March the date for submitting bids for the tender for the lighting and video-surveillance of 143 kilometers of road sections, a contract to be executed through a Public-Private Partnership. In early February 2020, CentralAmericaData reported that the tender had begun and that companies interested in applying for the project would have four months to submit their technical and financial proposals. Fiscal Crisis: Less Spending and More InformationMonday, January 25, 2021 Given the agreement reached by the Alvarado administration and the IMF for Costa Rica to access a $1.75 billion loan, the business sector is calling for a reduction in public spending and for detailed information on the scope of the agreement signed by both parties. In an attempt to ease the fiscal and economic crisis the country is going through, last year the Alvarado administration began negotiations to access a loan for $1.75 billion to be requested from the International Monetary Fund (IMF).
BUSINESS OPPORTUNITY
Tender for Security Services in PanamaFriday, January 8, 2021 The National Institute of Professional Training and Qualification for Human Development, tenders the private security and surveillance services for 22 centers, for a period of 12 months. Panama Government Purchase 2020-1-37-0-99-LV-014458:
CONSTRUCTION PLATFORM
Vertical Housing: More Investments in GuatemalaWednesday, January 20, 2021 In Zone 10 of the capital of the country, a 14-story tower is planned to be built, which will house 50 apartments, will have five basements and will require an investment of approximately $6 million. According to the interactive platform "Construction in Central America" of CentralAmericaData's Business Intelligence area, Torre Diez S.A., submitted to the Ministry of Environment the Environmental Impact Study (EIA) to develop the project called "Edificio Bonadiez". Vehicle Fleet Increased in 2020: How to Explain?Monday, January 18, 2021 Restrictions on mobilization due to the number of plates, the fear of using public transportation and the increase in demand for delivery services explain the 8% growth that Guatemala's vehicle fleet experienced between 2019 and 2020. As a result of the outbreak of covid-19, during the second quarter of 2020, Guatemalan authorities decided to suspend ground passenger transportation and also imposed restrictions on the mobility of vehicles with private plates, which were applied based on their license plate number. Costa Rica: Changes in Consumer ExpendituresThursday, December 17, 2020 In the context of changing purchasing patterns, local consumer spending on clothing and shoes decreased by 44% and the budget allocated to telephone and Internet services increased by 52% compared to pre-pandemic levels. The "2020 Current Events Survey", developed by the University of Costa Rica, collected information on the change in consumption patterns that arose from the coronavirus outbreak. Parking Lots: Investments in Dominican RepublicWednesday, January 13, 2021 The Ministry of Public Works announced that in the next few months they plan to build 20 buildings that will be destined to parking areas, which together will have the capacity to house 8 thousand vehicles. The National Plan for Public Parking Areas and the operation of the Parquet_RD Trust, which will be carried out through the execution of public investment projects, and public-private, under the responsibility of the Ministry of Public Works and Communications (MOPC), which will be responsible for their construction, operation and maintenance, explains an official statement dated January 12, 2021. Insurance: How is the Accident Rate Evolving?Friday, January 8, 2021 In Nicaragua during 2020, a year marked by the pandemic generated by the covid-19 outbreak, the outlays for life insurance claims increased and for automobiles decreased. Figures from the Superintendence of Banks and Other Financial Institutions (Siboif), detail that between January and November 2019 and the same period in 2020, the amount disbursed by insurance companies for life insurance coverage increased by 78%, from $10.7 million to $19 million. The Cost of Political InstabilityThursday, November 26, 2020 More than two years ago, Convía won the contest to rehabilitate and operate the Escuintla-Puerto Quetzal highway in Guatemala. However, the Congress of the Republic, which is in chaos due to a new political crisis, has not yet defined whether to approve the PPP or not. After a bidding process, the concession was granted in July 2018 through a public bidding process to the Consorcio Autopistas de Guatemala (Convía), a business group that passed the proposals of Mota-Engil Latin America and Anas International Enterprise. Panama: Economic Activity Recovers DynamismThursday, December 17, 2020 Due to the crisis generated by the covid-19, in May 2020 the economic activity registered its worst decline by falling 31% in year-on-year terms, however, as of June minor decreases were reported and in September the drop was 22%. The accumulated Monthly Index of Economic Activity (IMAE) from January to September 2020 registered a 18.3% decrease, compared to the same period in 2019, informed the General Comptroller of the Republic. Protests and Vandalism in HondurasMonday, June 3, 2019 The business sector is concerned about the way in which the demonstrations have developed in recent days, generating "an unsustainable cost to the Honduran economy.” After the Honduran government approved decrees PCM-026-2018 and PCM-027-2019, the country's doctors and teachers began demonstrations with the aim of repealing them, because they argue that they will be able to fire government employees and privatize public services.
BUSINESS OPPORTUNITY
Office Cleaning: Tender in GuatemalaFriday, December 11, 2020 The Guatemalan Tourism Institute is tendering the cleaning and maintenance service of the building that houses the central offices and the delegations in the interior of the country, for the term of 12 months. Guatemala Government Purchase 13741616: Public-Private Partnerships: Where Would They Work Better?Thursday, May 23, 2019 Guatemala, El Salvador and Costa Rica are the countries in the region with the best conditions to develop Public-Private Partnerships, followed by Honduras, Nicaragua and Panama. The 2019 Infrascope index, which evaluates 23 indicators and 78 qualitative and quantitative sub-indicators in Public-Private Partnerships (PPP) in Latin America, is prepared by The Economist Intelligence Unit and has the financial backing of the Inter-American Development Bank (IDB). The Impact of the Crisis on the Education BusinessWednesday, October 21, 2020 Due to the economic crisis generated by the covid-19 outbreak, it is estimated that between 10% and 12% of students in private institutions in Costa Rica have stopped demanding the services, and tuition fees have gone down. When the first cases were detected in the country in March, the authorities began to decree restrictions on mobility and productive activities, a situation that generated a severe economic crisis. Hondurans and Germans to Build Cargo TerminalMonday, October 12, 2020 The partnership between Alutech and Munich AirPort won the competition to design, build and operate the Cargo Terminal at El Salvador's Oscar Romero Airport as a Public-Private Partnership. Weeks ago, the Executive Port Commission (CEPA) informed that on August 26th of this year, the technical and economic offers were received, and the opening of the technical offers was carried out by the Evaluation Commission. After the analysis, it was concluded that the proposal made up by a partnership of investors from Honduras and Germany fully complied with the technical requirements. |
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Wednesday, January 27, 2021 - last update: 4:42 pm
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