2009-09-25

Colombia's government is planning to sell up to a 10% stake in state oil company Ecopetrol (NYSE: EC) in 2011 to finance highway works across the country, the finance ministry said in a statement.   The government currently holds 89.9% o...

2009-09-25

Mexican cement manufacturer Cemex (NYSE: CX) priced a global public offering of 1.3bn of its ordinary participation certificates (CPOs) at 16.64825 pesos each, or US$12.50 per American Depositary Share, with each ADS equal to 10 CPOs, the company said in a release. ...

2009-09-25

Spanish construction firm OHL has opened the first stretch of the Bicentenario elevated highway in Mexico state (Edomex), the company said in a release.   The new 4.3km stretch from Lomas Verdes to Río San Joaquín will have a reversible flow, which will facilitate entry into and...

2009-09-25

Peru's national port authority (APN) presented the master plan for the modernization of La Libertad region's Salaverry port, which will require a US$124mn investment, government news agency Andina reported.   The plan will be carried out in three phases, the first of which involves building a...

2009-09-25

Chile's Antofagasta port in region II will receive investments of over US$100mn in the next five years, according to the port's general manager Álvaro Fernández.   A total of US$70mn will be invested to modernize terminal 1 and storage areas, as well as increasing port activitie...

2009-09-25

Chile's airport re-concession program has attracted nearly 40 firms, an official from the public works ministry's (MOP) concessions division told BNamericas.   The firms have contacted MOP and submitted inquires on the pre-qualification process. The first airport concession contracts were awa...

2009-09-25

The concession of a 1,100km stretch of Brazil's highway BR-101, which runs through the states of Espírito Santo and Bahia, will be split into two, according to presidential chief of staff Dilma Rousseff.   The highway includes a 460km stretch in Espírito Santo and a 640km stretc...

2009-09-23

An alleged corruption case has put a halt to one of the biggest railway projects in Colombia and has forced the government to remove several employees at the national concessions institute Inco from office, including director Álvaro José Soto.