2009-10-29

The Q3 results posted by Mexican cement company Cemex (NYSE: CX) were largely in line with estimates, except for an unexpected drop in available cash flow, Mexico City-based financial group IXE analyst Patricio Rivera told BNamericas.   Cemex reported profits of US$121mn for Q3, a drop of 40%...

2009-10-29

Brazil's special ports department (SEP) head Pedro Brito announced that São Paulo state's Santos port will soon have a new shipyard, news service Agência Estado reported.   Budgeted at 1bn reais (US$587mn), the shipyard will be São Paulo's first large-scale facility and wi...

2009-10-29

A total of five consortiums submitted offers to Colombia's concessions institute Inco for the US$2.5bn Ruta del Sol highway concession, press reported.   The first of the bidding consortiums is Helios, comprising local firms Concreto, Carlos Alberto Solarte and CSS Constructores, and Argentin...

2009-10-27

While Brazil is preparing well for the 2014 World Cup, the country faces a big problem with its airports, according to national football confederation (CBF) president Ricardo Teixeira.   Airport infrastructure needs to be improved and capacity expanded to receive the large amount of visitors ...

2009-10-27

Costa Rican transport and public works minister Karla González has presented her resignation after five people were killed when a bridge collapsed in the municipality of Turrubares, the transport and public works ministry (MOPT) said in a release.   "I express my solidarity with t...

2009-10-27

Peru's transport and communications ministry (MTC) will launch an 80mn-sol (US$27.4mn) tender for work on the 23km Churín-Oyón highway in Lima region by month-end, paper Gestión reported.   The first 5.4km stretch will be financed by mining firms in the highway's area of ...

2009-10-27

Jamaican cement maker Caribbean Cement (CCCL) has begun offering reduced prices on its Carib Cement Plus cement to bring down its "mounting inventory," the company said in a release.   "Carib Cement has been faced with full silos and warehouses for much of the year and has had ...

2009-10-27

Panama's government is to launch a tender to supply and operate a new fleet of buses for Panama City in December this year, the presidential office reported on its website.   The awardee will be responsible for replacing the 1,500 second-hand school buses imported from the US, known as "...