Investment
in Central America
Monday, January 30, 2012
Direct investment by Colombian companies came to about $1 billion in 2010, a giant leap forward compared to the $27 million in 2004.
Central America has become a kind of "Promised Land" for large companies in Colombia, writes ElTiempo.com.
Monday, January 30, 2012
The countries have agreed to strengthen cooperation in the use of satellites, and made some business deals. There is also possible interest on the part of the Russians in a railroad worth $52 million.
The Nicaraguan Minister of Development, Industry and Commerce, Orlando Solorzano, and the Russian Deputy Foreign Minister Sergei Ryabkov, signed an agreement for economic cooperation and scientific and technical information.
Tuesday, January 24, 2012
The Government is emphasizing the understanding and agreement between employers, workers and officials on issues like the minimum wage.
Nicaragua seeks to position itself as an attractive and reliable place for foreign investment and to attract innovative projects, states the investment promotion agency ProNicaragua, which is preparing three business forums this year.
Monday, January 23, 2012
The Nicaraguan Government wants to attract Russian interest in production, tourism, education projects and intends to sign cooperation agreements.
Nicaragua wants to attract Russian investments through productive projects, investment protection, education and cooperation worth a total of $600 million, the government said.
Thursday, January 19, 2012
The Panamanian government will announce in the coming weeks a tender for several tourist developments in the area.
The executive secretary of the Management Unit for Reverted Property (UABR in Spanish), Juan Carlos Orillac said they have already completed a development plan for the area prepared by the Spanish consulting firm C4T .
Wednesday, January 18, 2012
There are plans to invest in improving their branches' infrastructure and in modernizing technology platforms throughout 2012.
The institution’s plans are to increase local operations by about 10%, the new CEO of Citi Financial Group, Juan Miró, said.
Friday, January 13, 2012
Private sector leaders expect that the Sandinista government will maintain reasonable macroeconomic policies, agreements with the IMF, and continue to dialogue with businesses.
Business leaders are expecting continued government-business dialogue, agreements with the IMF and the continued promotion of foreign and domestic investment in President Daniel Ortega’s the second term, which began on 10th January.
Thursday, January 12, 2012
The chain, which closed one of its branches in a major shopping center, has announced investments of $4 million and the opening of three stores.
Carrion store chain will invest about $4 million in 2012 on the improvement and expansion of the operation it has had in the country for the last 10 years, reported Nacion.com.
Tuesday, December 20, 2011
The signaling plan includes major national routes and is expected to be completed before the end of this governments term.
Panama's tourism minister, Solomon Shamah said the estimated investment for the plan is close to $363,000. The implementation requires coordination between the Tourism Authority, various municipalities and the Ministry of Public Works.
Monday, December 19, 2011
The purchase of Pipasa in mid-2011 gave Cargill 55 to 60% of the chicken market in Costa Rica, and it is now announcing new investments to reinforce its hegemony.
Many of the other competitors are also advertising their own strategies for a trade war that goes beyond the borders of Costa Rica and includes the whole of the isthmus as a battle theater.
Wednesday, December 7, 2011
The country is not able to attract the capital that flows into the region, despite being the largest economy.
Costa Rica and Honduras are the countries who received the most foreign direct investment in Central America in 2011, leaving behind Guatemala near the bottom of the list.
Despite being the largest economy in the isthmus, Guatemala has lost the appeal that previously drove foreign companies to invest in the country.
Monday, November 28, 2011
With gold as a prime example, the recommendation to protect purchasing power is to diversify by acquiring natural resource assets, particularly productive land.
Although the European crisis has shown that despite the enormity of the U.S’s public debt, bonds that back it still have the confidence of many investors, the dollar as a reserve asset raises many doubts.
Wednesday, November 23, 2011
The multinational has made projections for a 2012 expansion and modernization of its plant in El Salvador.
Without giving exact figures, Antonio Caicedo, vice president for Central America and the Caribbean, announced the investment. As part of its expansion plan the company has acquired land near the plant currently operating in Sito del Niño, San Juan Opico.
Wednesday, November 23, 2011
A group of representatives from the private sector and the university sector have created a Competitiveness Council (CPC in Spanish).
In order to attract more foreign investment, among other things, the group composed of professionals and academics have decided to create a group to provide recommendations to the government to improve competitiveness.
Tuesday, November 22, 2011
In the first half of the year the country received $199 million more than in the same period last year.
Unlike previous years, Costa Rica is not located at the top of the list of countries attracting the most foreign direct investment in Central America, but has been replaced by countries like El Salvador and Nicaragua, who years ago were at the bottom of the list.
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