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MOP to award US$8.5mn road tender in Feb (Panama)
2010-01-24

Panama's public works ministry (MOP) will award a road rehabilitation tender in Panama City in February, a MOP official told BNamericas.   The tender had a reference budget of US$8.47mn.   "We expect to award the tender in 15-20 days," the official said, adding that the offer...

 
Melón seeks to increase sales, eyes new business opportunities (Chile)
2010-01-24

Chilean cement firm Melón aims to increase sales by 5-10% this year, the firm's general manager Jorge Eugenín told local paper Estrategia.   Melón, which was recently purchased by Peru's Brescia group, will also be analyzing new opportunities, Eugenín said.  ...

 
Chávez approves US$300mn for metro but insists CAF build a factory in Caracas (Venezuela)
2010-01-24

Venezuelan President Hugo Chávez has approved a US$300mn budget for the rehabilitation of capital Caracas' metro system, state-owned news agency ABN reported.   The funding will cover the rehabilitation of the system's line 1.   Chávez, however, conditioned the investment...

 
ABC signs contract for Santa Bárbara-Quiquibey highway (Bolivia)
2010-01-24

Bolivian highway administrator ABC has signed a contract with Argentine-Bolivian consortium AR-BOL for the design, construction and paving of the Santa Bárbara-Caranavi-Quiquibey highway, government news agency ABI reported.   The 184km highway will cost US$257mn, of which 67% will be ...

 
Paraguarí-Guairá highway to be completed in March (Paraguay)
2010-01-24

Construction work on a highway connecting Paraguay's Paraguarí and Guairá departments is expected to be completed in March this year, the public works and communications ministry (MOPC) reported.   The work involves building a new paved stretch connecting the Ruta 1 highway near...

 
CAF approves US$200mn for Interoceánico Sur (Peru)
2010-01-24

The Andean Development Corporation (CAF) has approved a loan of US$200mn to support construction of Peru's Interoceánico Sur highway.   The loan will be used to finance the final phase of stretches 2, 3 and 4 of the highway, which are scheduled for completion by end-2011, according to ...

 
World Bank approves US$650mn for infrastructure (El Salvador)
2010-01-24

The World Bank has approved a US$400mn loan to El Salvador to invest between 2010 and 2012, local paper El Mundo reported.   The resources will be used to carry out infrastructure projects in different municipalities, according to the country's finance minister Carlos Cáceres.   ...

 
Carretera del Norte expansion at risk if Cabei does not resume relations (Honduras)
2010-01-20

The Central American Bank for Economic Integration (Cabei) will decide by end-January whether or not to reestablish economic relations with Honduras and disburse the funds offered to expand the Carretera del Norte highway, local paper El Heraldo reported.   The bank suspended relations with H...

 
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