españolGuatemala: Korean Company agrees to Purchase FerrovíasWednesday, January 11, 2012 Representatives from YooChang Construction announced an agreement to purchase 82% of the shares of the Railroad Development Corporation (RDC), owner of Ferrovías. The announcement was made by the president of YooChang Construction on a visit to Guatemala, who next week will be holding a meeting with directors of the RDC for the purpose of defining the first payment agreement. Korean Companies Interested in Guatemala RailTuesday, May 3, 2011 The firms Hyundai Corporation and Sha Yu have shown interest in acquiring a stake in the railroad business. Guillermo Porras of The Attorney General's Office, said that in the course of this month a delegation from the Hyundai company will arrive for a fact finding mission and to learn about the state of the petition for arbitration that the Railroad Development Corporation (RDC), railways beneficiary, has brought against the Government of Guatemala. Israel's H&C to build $200 mln Guatemala power plantWednesday, January 7, 2009 Israel's Housing & Construction Holding Co (HUCN.TA) said on Wednesday one of its subsidiaries signed a contract worth $200 million to build a hydroelectric power plant in Guatemala. Work on the Palo Viejo plant includes building dams and a water reservoir, digging canals, a tunnel and building access roads, installing the turbines, and constructing a building for the machines. Chinese Consortium to Design Bridge Over CanalFriday, June 3, 2011 At a price of $4.6 million the consortium China Communications Construction Company / Louis Berger Group will design the third bridge over the Panama Canal. The consortium will have a period of approximately 11 months to complete the design. The tender for construction could be carried out between June and July 2012. Israel's H&C will build Highway in GuatemalaTuesday, October 13, 2009 The company won a $230 million contract to enhance the highway dubbed "Franja Transversal del Norte", which connects the country's north. The company must finish the project in 3 and a half years, and provide maintenance for an additional 10. Company Profile
Manufacturer representative of Construction Chemicals products for Central America, Caribbean and Panama Large Chinese Construction Company Sets Up in PanamaWednesday, May 20, 2015 China Construction America, a subsidiary of China State Construction Corporation Limited Engineering, will be running projects for the fourth bridge over the Canal, and urban renewal of Colon. The Chinese company, which operates both in construction and in real estate, has thirty years of experience in these sectors, with operations currently running in New York, Washington DC, North Carolina, South Carolina, Louisiana, Florida, California, and other states in the US. Guatemala Sells Railway to KoreansThursday, May 19, 2011 Representatives from the Korean companies Hyundai and Yoochang have announced an agreement with the current owner of the Railroad Development Corporation, and a total investment of $2,400 million. The Korean companies Hyundai and Yoochang Corporation plan to invest in restoring the functioning of the railway linking the Pacific and Atlantic coasts , to create a land alternative to the Panama Canal. Guatemala: Rail Investment DenialTuesday, May 24, 2011 There is an old saying that if something looks too good to be true, it probably is ... The U.S. company Railroad Development Corp. (RDC), which owns the railway concession in Guatemala, has denied having reached an agreement to sell. Bids Submitted for Canal Bridge DesignWednesday, May 11, 2011 The consortium China Communications Construction Company / Louis Berger Group submitted the lowest bid ($4.6 million) for the final design of the bridge over the Atlantic. Also participating in the bidding were TYPSA Principia ($ 4.9 million), URS Holdings ($ 6.1million), Columbus JVB Bridge ($ 7.2 million), ARUPB ($ 8.5 million) and Ty Lin International ($ 9.6 million). French Consortium Wins Canal Over Bridge TenderTuesday, October 30, 2012 Vinci Construction Grand Projets was awarded the construction of the fourth bridge over the Panama Canal for $366 million. The French consortium offered the lowest price out of the three pre-qualified candidates, less than the $386 million from Tradeco Acciona and the $429 million from Hyundai Odebrecth. 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. Logistics Park in Isla Margarita AuthorizedWednesday, September 12, 2012 Panama will award a concession for the development and operation of a container yard on 54 acres in San Cristobal, Panama Province, with an investment of $105 million. A statement by the Presidency of Panama reads: Hyatt signs agreement with Aldesa from Costa RicaFriday, December 12, 2008 Affiliates of Global Hyatt Corporation and Aldesa Inmobiliaria have announced the signing of a management agreement for Park Hyatt Monte del Barco in Guanacaste, Costa Rica, due to open in 2012. The 140-room resort will be located in the bay of Culebra, within the province of Guanacaste on the Pacific coast of Costa Rica, where Aldesa together with US-based resort designing company Winding Road, are developing Monte del Barco, a premier luxury lifestyle estate. Hyatt signs agreement with Aldesa from Costa RicaFriday, December 12, 2008 Affiliates of Global Hyatt Corporation and Aldesa Inmobiliaria have announced the signing of a management agreement for Park Hyatt Monte del Barco in Guanacaste, Costa Rica, due to open in 2012. The 140-room resort will be located in the bay of Culebra, within the province of Guanacaste on the Pacific coast of Costa Rica, where Aldesa together with US-based resort designing company Winding Road, are developing Monte del Barco, a premier luxury lifestyle estate. |
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