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Chinese development bank considering entering local market (Uruguay)
2009-12-21

China's development bank (CDB) is considering entering the Uruguayan market, the vice-president of Uruguay's state-owned rail firm AFE, Alejandro Orellano, told BNamericas.   The bank discussed the possibility with Uruguayan government officials during a visit by President Tabaré V&aac...

 
Peru's Graña y Montero eyes public works concessions industry (Chile)
2009-12-21

Peruvian construction firm Graña y Montero is looking to enter the Chilean public works concessions market, Chilean paper Diario Financiero reported.   The company forms part of a consortium that has already been shortlisted by Chile's public works ministry (MOP) for the tender to conc...

 
CAF sees profits of US$200mn, approved record lending of US$9.2bn in 2009 (Regional)
2009-12-21

he Andean Development Corporation (CAF) will see net income of US$200mn in 2009 and approved a record US$9.2bn in lending, up about 17% on 2008, according to the multilateral's executive president Enrique García.   Of the total funding, some 36% was aimed at infrastructure, including s...

 
Mujica looking to renew talks for Hidrovía improvements (Regional)
2009-12-18

Uruguayan president-elect José Mujica plans to renew talks with Argentina on improvements to the Hidrovía Paraguay-Parana waterway, an official from his left-wing party Frente Amplio told BNamericas.   Mujica, who has already met with Argentine President Cristina Fernánde...

 
Airport improvements required to sustain tourist influx, says minister (Brazil)
2009-12-18

Improvement projects and changes in management practices are needed for Brazilian airports and airlines to sustain the high influx of tourists expected over the next 10 years, according to federal government tourism agency Embratur.   "From 2010 to 2020, the number of foreign visitors sh...

 
IDB approves US$125mn for Loma Negra (Argentina)
2009-12-18

IDB will lend US$125mn in mid-term financing to Argentine cement producer Loma Negra to support the company's investment plans, the bank reported in a release.   The bank approved a US$100mn A/B facility for Loma Negra in 2008. After a successful syndication and an oversubscription of the B l...

 
MOP to launch US$11mn road rehabilitation tender in region VII (Chile)
2009-12-18

Chile's public works ministry (MOP) is preparing to launch a tender for the rehabilitation of a stretch of road along Ruta M-50, in region VII, an official from the ministry's road division told BNamericas.   Although no official date has been set, the initiative is expected to be launched be...

 
Workers may invest insurance funds in infrastructure projects (Brazil)
2009-12-17

Brazilian workers will soon be able to invest up to 30% of their federal unemployment insurance fund (FGTS) in FI-FGTS infrastructure projects, news service Agência Estado reported.   FI-FGTS uses funds to carry out projects regarding energy, roads, railways, ports, waterways and sanita...

 
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