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APN seeks to speed up Muelle Norte financial evaluation (Peru)
2009-08-03

Peru's national port authority (APN) will ask private investment promotion agency ProInversión to speed up the process to hire an investment bank to evaluate the Muelle Norte initiative in central Callao port, government news agency Andina reported.   Late last year, Dubai-based port o...

 
ACP seeking bids for fourth dry excavation contract (Panama)
2009-08-03

The Panama Canal Authority (ACP) is requesting proposals for the fourth dry excavation contract under its US$5.25bn expansion project, the entity said in a release.   This is the second largest, most complex project after the contract to design and build its third set of locks, which was awar...

 
Infrastructure spending could cushion effects of crisis, says economist (Mexico)
2009-08-03

Spending on infrastructure could help Mexico recover 10-15% of the 700,000 jobs it will lose this year to the global financial crisis, senior economist with local financial group BBVA-Bancomer Eduardo Torres told BNamericas.   The entity reached this conclusion after conducting a study on the...

 
Guaymas port to launch container terminal tender (Mexico)
2009-08-03

Mexico's Guaymas port authority in Sonora state is planning to launch a tender for a partial concession to build, equip and operate a container-specialized terminal at the facility, port promotion and development deputy manager Ileana Solís told BNamericas.   The tender includes a buy-...

 
Codesp to launch tender for tunnel master plan in Aug (Brasil)
2009-08-03

São Paulo port authority Codesp will launch a tender to design the master plan of a tunnel as part of the expressway project on Santos port's right bank in August, a Codesp spokesperson told BNamericas.   Codesp is funding the 800,000-real (US$429,000) tender and the winning bidder wil...

 
Govt seeking US$245mn in loans to finance La Línea tunnel project (Colombia)
2009-08-03

Colombia's government will take out up to US$245mn in external loans to keep financing the first stage of the La Línea tunnel project, the presidential website reported.   To date, the national government has invested 61bn pesos (US$30.0mn) in the initiative.   First-stage works...

 
Holcim increases stake in Cessa to 90% (El Salvadaor)
2009-07-30

Swiss cement manufacturer Holcim increased its stake to 90% in Cementos de El Salvador (Cessa), one of the main exporters of cement in Central America, Mexican paper El Financiero reported.   Holcim's involvement with Cessa started in 1998, when the Swiss firm purchased a 20% stake in the loc...

 
Cemex revenues drop 34% in Q2 (Mexico)
2009-07-30

Mexican cement manufacturer Cemex's (NYSE: CX) net sales fell 34% year-on-year in Q2 to US$4.2bn from US$6.3bn, according to the company's quarterly results report.   However, the report said the decrease is only 20% when adjusting for the exclusion of its Venezuelan operations, the sale of a...

 
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