Tuesday
Jul032012

5,000 Parking Spaces Needed in Panama City, Tender to be Announced

Panama City is the residence for over 500,000 residents and this overpopulation is in need of major redevelopment to ease transit. About 5,000 new parking spaces are being requested by the city in the coming months as traffic has reached a major stand-still.

The commerical area of Panama City is in dire need of parking spaces for many of its residents and workers. As the economic capital of the Americas booms and sets more and more apartment businesses, there has been fewer and fewer parking spaces built and thus overcrowding the streets. The city has thus found it necessary to build underground parking lots in areas such as parks, in order to meet these requirements.

In the coming month, the local government will be putting out a tender to meet this critical infrastructural developement. If you want to learn how to benefit from this development opportunity, please contact Michael Ross at mross@A7trade.com.

Tuesday
Jul032012

135 km Road Construction Project Awaiting Investors in Nicaragua

The 2011 Nicaraguan-Eurpoean Summit had revealed the intentions of the Nicaraguan government to set a deal with Italian investors for the construction of a 135 km road. However, the Italian investors have yet to put out an offer for their services and in the meanwhile the road has yet to be constructed.

The construction would link beaches in Nicaragua with the intention to increase tourism commerce. The department of tourism in Nicaragua envision a road that would support gas stations, parking/resting areas, food establishments, solar plants to provide electricity and light to the roads, lookout points, and other aggricultural projects for farmers in the area.

Although the Nicaraguan government has spoken to these Italian investors, the deadline to reunite to further discuss passed January of this year. The tourism institute (Intur) is still looking for investors to carry out this project. If you want more information regarding this potential project in Nicaragua, please contact Michael Ross at mross@A7trade.com.

Friday
Jun222012

Panama: Judiciary Sets Construction Tender for $12.9 million

The Republic of Panama has put out a tender valued at $12.9 million to construct a unit of its Judiciary in La Chorrera. This tender is required in order to set up a Regional Judicial Unit, which will assist the Judiciary in providing services to its citizens.

This project has a high urgency turn around and bids are due in the near future.

To learn more about how you can benefit from these construction developments, please contact Michael Ross at mross@A7trade.com.

Saturday
Jun092012

230KV Substation Tender for $9.8 million

The Electricity Transmission Company of Panama announced the multimillion tender to construct a substation.

This construction project will take place in El Higo, just about 100 miles from the capital. The tender aims the supply and construction of the communications equipements for the substation.

Although some of the details regarding this tender are still being worked out, it is encouraged that those interested contact us for more information on how to get involved in this great opportunity. If you are interested or want more information, please contact Michael Ross at mross@A7trade.com.

Saturday
Jun092012

Costa Rica: High-Rise Construction on a Rise

In a 2011 Census, data reveals that there has been a significant increase of high-rise construction in major metropolitan areas. High-rise construction now accounts for 40% of all construction projects in Costa Rica.

This constructional development has been linked directly to the increased amount of apartment and condominium demands. This changing constructional demands can infact impact those interested in entering the construction industry in Costa Rica.

To learn more about how you can benefit from these construction developments, please contact Michael Ross at mross@A7trade.com.