Investment
in Central America
Tuesday, May 22, 2012
Guatemala needs to invest $400 million a year in new generating plants in order to add 1,685 megawatts to the electricity supply in 2026.
Of these 1,685 MW, 1,110 would be provided by hydropower, 300 from geothermal plants, and 275 with the use of coal, said Carlos Colom, president of the National Energy Commission (CNEE).
Monday, May 21, 2012
As in other Central American countries, Colombian transnationals have markedly increased their participation in various sectors of the Costa Rican economy.
Investments in recent years in Costa Rica by Colombian companies have already reached $3,400 million in various sectors such as banking, paint, supermarkets, candy, and tourism.
33% of it focuses on production and sale of paint nationwide, they control 15% of Costa Rican bank credit, and besides this, they own a fifth of the large supermarkets, according to Elfinancierocr.com.
Thursday, May 17, 2012
Four Taiwanese industrial companies are investigating sites to set up plants in Central America, preferably in Guatemala, Honduras and El Salvador.
"Businesses are looking at free zones to establish their operations in Central America and distribute to other countries", said Carlos Liao, director of Central American Trade Office in Taipei, Taiwan. "Companies are interested in operations in the northern triangle countries: Guatemala, Honduras and El Salvador."
Wednesday, May 16, 2012
Nicaraguan industry provides the greatest added value to its products and is the largest FDI recipient ($226.4 million in manufacturing, $114.3 million in mining, and $217.1 million in energy).
Sugar producers now not only process sugar, but they also generate energy and biofuel. Mining has diversified and dairy companies are making more investments in technology in various products.
Tuesday, May 15, 2012
Political stability is essential so as not to jeopardize economic growth, credit rating, and attracting foreign investment.
A statement from the Chamber of Commerce, Industries and Agriculture in Panama:
Political events affecting our stability
Tuesday, May 15, 2012
Amid complaints of government harassment of private enterprise, its noted that in Nicaragua the costs are lower and "there are not too many obstacles."
Given some recent actions and tax proposals by the government of Honduras that have note been well received by employers due to their potential impact on business competitiveness, the president of the National Association of Industrialists (ANDI), Adolfo Facussé, is advising entrepreneurs to invest in neighboring countries, pointing in particular to Nicaragua.
Friday, May 11, 2012
Representatives of the China Federation of Cooperatives are visiting Costa Rica in order to explore and promote opportunities for trade and investment between both countries.
From a press release from the Ministry of Foreign Trade in Costa Rica:
Thursday, May 10, 2012
Based on the country's prospected oil potential, Ivanhoe Energy and Cobán Oil & Gas are proposing to invest $250 million.
Both companies signed a letter of intent for joint investments of $250 million and reported that they expect to finish the process in 30 months, sign an investment agreement, and then start building the plant.
Friday, May 4, 2012
Corporate bonds in emerging markets and buying real estate, are attractive options for investors.
In Panama, buying real estate has always been a good choice, said the businessman Roberto Alfaro.
Friday, May 4, 2012
Tahoe Resources, the Canadian company which bought the project from Goldcorp, has announced an investment of $500 million to extract the 300 million ounces estimated at the site.
Tahoe Resources executives are only waiting for the Ministry of Energy and Mines (MEM) to authorize the operating license of the mineral project Escobal, in San Rafael Las Flores, Santa Rosa, in order to accelerate construction of a plant.
Monday, April 30, 2012
The project aims to significantly increased production in three years with the participation of small and medium producers in El Salvador.
With funding from the Japanese International Cooperation Agency (JICA), which has provided $2.5 million, the Government of El Salvador is preparing to build a processing plant for oysters, mussles and other shellfish.
Thursday, April 26, 2012
Reduced paperwork, standardized municipal tax rates and improved infrastructure are the things being demanded by the private sector in El Salvador in order to develop projects like Fomilenio II.
Representatives of government and the Association of Coastal Marine Tourism Developers (Promar) held a meeting this week in which Promar presented its portfolio of projects for the development program Fomilenio II.
Tuesday, April 24, 2012
An official mission will visit Taiwan looking to boost the country's investments in Nicaragua and strengthen bilateral relations.
Nicaraguan officials will hold meetings with the Minister of Foreign Affairs, officials from the Ministry of Economy and Affairs Council of the Republic of China (Taiwan) among others.
Tuesday, April 24, 2012
The investment agency is trying to persuade Japanese corporations to establish sites in Panama, having already convinced the company Tadano, manufacturer of hydraulic cranes.
Last November, the Bureau of Investment Attraction and Export Promotion in Panama (PROINVEX) moved the conference "Invest Panama" to Tokyo, in order to turn the attention of Japanese corporations towards the country.
Monday, April 23, 2012
Panama is a primary destination in the investment plans involving Latin America energy projects for the company Celsia, formerly known as Colinversiones.
Celsia has 800,000 million pesos ($ 450.57 million) available for new investments and about $200 million in assets that could be sold if necessary, said company president, Juan Guillermo Londoño.
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