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DP World denies economic problems (Regional)
2010-01-28

International port operator DP World has put out a statement denying it is having economic difficulties.   Press reports about alleged economic difficulties are "totally unfounded", the company said.   It is possible that "there may have been an error in interpretation&q...

 
Cemex needs to improve operational performance - analyst (Mexico)
2010-01-28

While Mexican cement producer Cemex's (NYSE: CX) losses were smaller than expected, the company's operational performance still has a lot to improve on, according to analyst Patricio Rivera of Mexico City-based financial group IXE.   Cemex reported a net loss US$210mn for 4Q09, compared to lo...

 
Govt to spend US$132mn on water, infrastructure works (Panama)
2010-01-28

Panama's government announced an investment of US$132mn in infrastructure and waterworks for western Veraguas province, the presidential website reported.   The national water and sanitation utility (Idaan) is supervising the plan which will be carried out over the next two years.   Re...

 
Authorities sign binational agreement for Agua Negra tunnel (Argentina- Chile)
2010-01-27

The Argentine and Chilean governments have created a binational entity to administer the construction of the US$500mn Agua Negra international tunnel pass, Argentine paper El Cronista reported.   Argentine ambassador Ginés González García and his Chilean counterpart Luis ...

 
Future of Limón, Moín port concession remains uncertain (Costa Rica)
2010-01-27

Three of Costa Rica's main presidential candidates - Otto Guevara, Ottón Solís and Luis Fishman - do not support the concession of the country's Moín and Limón ports, currently operated by the Atlantic port authority Japdeva, local paper La Nación reported.  ...

 
Govt improves conditions at María Montez airport (Dominican Republic)
2010-01-27

The Dominican Republic's public works and communications ministry (SEOPC) is improving conditions at the María Montez international airport in Barahona city, some 100km east of Haitian capital Port-au-Prince, paper Listín Diario reported.   Works are being carried out on the run...

 
Proinversión, Canada to promote infra investment (Peru)
2010-01-27

Peru's private investment promotion agency ProInversión has signed a cooperation agreement with the Canadian Commercial Corporation (CCC) to promote investment in infrastructure, ProInversión reported on its website.   The three-year agreement aims to increase commercial relatio...

 
FCC-ICA-Meco consortium to start excavation project in 2 months (Mexico)
2010-01-26

The consortium comprised of Spanish firm FCC, Mexican construction firm ICA and Costa Rica's Constructora Meco expects to start work on the Panama Canal's fourth dry excavation project in two months, the consortium's interim project director, Willy Quirós, told BNamericas.   The group ...

 
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