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Govt countercyclical plan registers US$13.7bn at end-August (Colombia)
2009-10-05

The Colombian government's countercyclical plan has progressed 48% and had registered investments of 26.3tn pesos (US$13.7bn) up to end-August, said Mateo Restrepo, presidential advisor on the countercyclical plan. "On May 31 we showed how the 55tn pesos were being spent. At that time, 16tn p...

 
ICA affiliate places highway securities for US$479mn (Mexico)
2009-10-05

Red de Carreteras de Occidente (RCO), an affiliate of Mexico's largest construction company ICA (BMV, NYSE: ICA), placed 6.55bn pesos (US$479mn) of toll highway securities on the Mexico City stock exchange on Friday, the company said in a release. The securities were issued in the form of equity-l...

 
Puerta del Sur inaugurates new US$165mn terminal at Carrasco airport (Uruguay)
2009-10-05

Puerta del Sur has inaugurated the new terminal at Uruguayan capital Montevideo's Carrasco international airport, local press reported. The firm invested US$165mn in the project which includes a shopping area of 3,000m2. The new terminal will have the capacity to handle up to 3mn passengers per ...

 
MOP to review US$635mn high-speed train project (Chile)
2009-10-02

Chile's public works ministry (MOP) has received a private initiative to implement a high-speed train from capital Santiago to region V, paper Diario Financiero reported.   The investment required for the project is 16.6mn UF (inflation-linked units, US$635mn), the report said.   The t...

 
Lima needs five more bridges over the Rímac river, says expert (Peru)
2009-10-02

Lima needs to build at least five more bridges over the Rímac river in the short term to alleviate traffic congestion, according to NGO Luz Ámbar director Luis Quispe Candia.   The construction of the bridges is the only way to resolve traffic congestion being caused by populati...

 
Public, private sectors look to Medellín development model (Panama)
2009-10-02

Panamanian public and private sector representatives will visit Colombian city Medellín from October 1-3 to learn about the social transformation of the city through infrastructure development, the head of communications at Medellín's international investment and cooperation agency ACI...

 
Govt studies new model to allow for shared use of railroads (Brazil)
2009-10-02

Brazil's government is studying a new model for its rail network that would allow for shared use of lines, according to Bernardo Figueiredo, director of national ground transport agency ANTT.   The objective is to allow firms to use rail...

 
Ministry reduces amount of cement for CET waiver (Jamaica)
2009-10-01

Jamaica's industry, investment and commerce ministry has amended its application for a suspension of the common external tariff (CET) on imported cement, reducing the amount to 120,000t from 170,000t, government information service JIS reported.   On August 25, the government submitted a requ...

 
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