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Merging of finance, planning ministries underway (Venezuela)
2010-02-04

Venezuela's merging of its economy and finance ministry with its planning and development ministry is underway, the former said on its website, citing the publication of the decree in the official gazette.   The new ministry, to be headed by Jorge Giordani, who took his post in mid-January, w...

 
ACP to closely supervise quality of material on third set of locks (Panama)
2010-02-04

The Panama Canal Authority (ACP) will closely supervise the quality of the materials used in the construction of the Panama Canal's third set of locks, according to the authority's VP of engineering and program management, Jorge Luis Quijano, local paper La Prensa reported.   The internationa...

 
CAF signs agreements with Chinese banks for regional development (Regional)
2010-02-04

Enrique García, executive president of the Andean Development Corporation (CAF), has signed agreements with the Export-Import Bank of China (China Eximbank) and the China Development Bank (CDB), CAF said in a press release.   CAF signed a memorandum of understanding with China Eximbank...

 
Govt calls on international entities to release funding (Honduras)
2010-02-02

The Honduran government is planning to use infrastructure to create employment and kick-start economic development in the wake of the political crisis, local paper El Heraldo reported.   Former president Manuel Zelaya went into exile last week, the same day the country's new president, Porfir...

 
Govt to invest US$13mn in infrastructure for Córdoba (Argentina)
2010-02-02

Argentina's federal government will invest 50mn pesos (US$13mn) to improve infrastructure in Marcos Juárez department in Córdoba province, paper El Cronista reported.   Resources will be assigned to finish the 40km road stretch connecting Leones municipality with the General Roc...

 
Holcim, Acerías Paz del Río invest US$146mn to expand operations (Colombia)
2010-02-02

Cement firm Holcim Colombia will invest US$100mn to expand a cement plant in Boyacá department's Nobsa municipality, paper Portafolio reported.   Works include the construction of a vertical mill and a warehouse with the capacity to store 14,000t.   The company is the local subs...

 
Empla announces US$17mn mezzanine loan (Regional)
2010-02-02

Private investment fund manager EMP Latin America (Empla) announced a US$17mn financing for Promoción e Industrialización de Palma (PIP) and its subsidiary Propalma, the Mexican palm oil producer.   The financing, structured as a long-term mezzanine loan, was made through the Ce...

 
Southern airport concession package decision due Feb 26 (Peru)
2010-02-01

Peru's national airport and civil aviation authority Corpac and the transport and communications ministry (MTC) are completing the final preparations to concession a package of six airports in the south of the country.   The authorities expect to clear up land ownership issues surrounding the...

 
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