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. 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. 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. 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: Chinese Constructor Leaves Costa RicaFriday, July 2, 2010 Chinafecc Central America S.A., a subsidiary of the Chinese state-owned company building the National Stadium, will leave the country in the midst of controversy due to a series of visas issued to its workers. Nacion.com reported that company representatives had allegedly presented gifts to Costa Rican diplomats in China, while the visas of 40 Chinese workers were being processed. Three Groups Submit Bids to Build New Canal BridgeTuesday, March 6, 2012 A company and two consortia have delivered the documentation to participate in the construction of a third bridge over the Panama Canal. One group consists of Brazil’s Odebrecht and South Korea's Hyundai Joint Venture; another is composed of Spanish firm Acciona Infraestructuras and Mexico’s Tradeco. The third bidder is France's Vinci Construction Grands Projets, according to the Panama Canal Authority (ACP). Contract Signed for Convention CenterTuesday, October 16, 2012 The Tourism Authority of Panama and the consortium HPC-Contrata-P&V have signed a contract for the construction of the Convention Center on the Amador Causeway in Panama City. HPC-Contrata-P&V is comprised of the companies Soluciones Arquitectónicas (Costa Rica), Heliopol (Spain), Quality Construction (Puerto Rico) y P&V (Panama), its representative, Jairzon Hurtado. Three Pre-Qualified to Bid in Bridge TenderMonday, April 2, 2012 The Consortia Odebrecht - Hyundai Joint Venture, Acciona Infrastructures -Tradeco, and France's Vinci Construction Grands Projets, have been accepted by the ACP to take part in the tender for the construction of a bridge over the Canal in the Atlantic. "Through a press release, the Panama Canal Authority (ACP) reported that the Spanish-Mexican consortium "Acciona Infrastructures-Tradeco" and the Brazilian-South Korean "Odebrecht-Hyundai joint venture" along with the French company "Vinci Construction Grands Projets" qualified following analysis of their technical criteria, experience and financial capacity", reported Panamaamerica.com. Panama: Two Companies Interested in Boquete-David HighwayThursday, May 6, 2010 Just two companies, “Constructora Urbana” (Cusa) and “FCC Construcción” (FCC) submitted bids to build the highway between Boquete and David. Cusa’s bid was priced at $118 million, plus a guarantee of $16 million, while FCC’s was priced at $127 million and a $13 million guarantee. Complaints about Hospital City Tender RejectedThursday, November 3, 2011 Panama's Comptroller General has disallowed complaints submitted by the two bidding groups: Samsung Construction and Trading Corporation, and Sacyr / Interplus. The complaints submitted claim that the evaluating committee did not act properly in awarding most points to the company FCC. "Cobre Panama" Mine Contracts Basic EngineeringWednesday, November 10, 2010 Canada's Inmet Mining Corp. hired Joint Venture Panama (JVP) to provide the basic engineering for the copper mining project located in Colon. The contract also provides, subject to project completion, the engineering, material purchase and construction management (EPCM) for all structures of the mine, except for the power plant, which will be developed by GDF Suez Centroamerica. Lack of Planning and Design in Public WorksTuesday, November 27, 2012 The Guatemalan Association of Construction Contractors has pointed to a weaknesses in procurements by the state. According to an article in S21.com.gt "... the president of the Guatemalan Association of Construction Contractors (AGCC), Alvaro Mayorga, ... said that while government institutions meet important requirements to make the projects transparent, because they don’t have a planning and design office, the projects lack of quality and their costs are too high". Bids Submitted for Changuinola Aqueduct WorksWednesday, May 2, 2012 Seven companies have submitted bids for improvement projects at the Changuinla Aqueduct and Interconnection with Villa 4, in the province of Bocas del Toro, Panama. The official price set for this public event is the sum of $1, 411,240.92 , including ITBMS, which is indicated in the specifications. Guatemala Awards Construction Works for $ 26 MillionTuesday, March 15, 2011 The five projects awarded are for road reconstruction in the Atlantic coastline area. The reconstruction of segments Sanarate-Agua Caliente, San Antonio Paz-El Progreso, was awarded to Overseas Engineering and Construction Co. Ltda., SA. Minera Panama Awards Contract for PlantWednesday, November 14, 2012 Inmet Mining Corp, owner of the mega project to extract copper in Panama, has awarded the construction of its processing plant. The project will be headed by Joint Venture Panama Inc. (JVP), a consortium made up of the mining division of SNC-Lavalin, GyM SA (part of Grupo Grana y Montero) and Techint International Construction Corp. |
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