2009-10-19

The Panama Canal registered US$1.44bn in toll revenues for its 2008-09 fiscal year, according to preliminary figures confirmed by the Panama Canal Authority's (ACP) marketing office.   The figure represents a 9.2% increase compared to the prior fiscal year although it falls below ACP's previo...

2009-10-19

Venezuela's national assembly on Thursday (Oct 15) approved a law creating regional development bank Banco del Sur in a unanimous vote, the assembly said on its website.   Banco del Sur is authorized for up to US$20bn in paid-in capital, divided into 20,000 ordinary shares, each worth US$1mn,...

2009-10-19

The Dominican Republic will receive US$1mn in non-reimbursable funds from IDB to support the design and implementation of an integrated feeder bus system for capital Santo Domingo's metro, the presidential website reported.   The idea is to draw up general guidelines for the routes that will ...

2009-10-16

Mexico's transport and communications ministry (SCT) has awarded the Pacífico Norte highway concession package to infrastructure developer IDEAL, the ministry said in a release.   The company's estimated investment in the package is 3.70bn-4bn pesos (US$283mn-306mn).   IDEAL, ow...

2009-10-16

Chile's real estate firm Titanium will invest US$13mn to build a new road to connect capital Santiago's Providencia, Las Condes and Vitacura districts, a company spokesperson told BNamericas.   Public works (MOP) minister Sergio Bitar and Titanium's president Abraham Senerman launched the wor...

2009-10-16

The Andean Development Corporation (CAF) has signed memorandums of understanding (MOUs) with Russian entities aimed at stimulating investment, trade and cooperation between Latin America and Russia, CAF said in a press release.   CAF executive president Enrique García and a delegation ...

2009-10-16

Peru's deputy transport minister José Gonzales said confirmed investment in highway concessions up to 2011 is US$1bn, which will allow for the construction of 1,500km throughout the country, government news agency Andina reported.   To date, there are more than 2,000km of concessioned ...

2009-10-15

Construction of a new passenger terminal at Costa Rica's Daniel Oduber international airport, serving Liberia district in Guanacaste province, is likely to begin in April 2010, after the comptroller general's office approved the contract for the airport's concession, the public works and transport m...