2010-11-11

US transport technology firm Transcore has won a contract to provide Argentine tollroad operator Autopistas del Sol (Ausol) with radio frequency identification (RFID) technology to update the electronic toll collection system on nine of Buenos Aires' tollroads, the former said in a statement without...

2010-11-11

Swiss construction materials company Holcim reported net sales of 862mn Swiss francs (US$884mn) in Latin America for Q3, up 1.1% from the prior-year period.   Sales were helped by the large volume of construction work in Brazil and Argentina, although the Mexican and Central American markets ...

2010-11-11

GE (NYSE: GE) announced it selected Rio de Janeiro as the home of its newest multi-disciplinary R&D center due to be ready in 2012.   The US$100mn R&D center will focus on advanced technologies for the rail, oil and gas, renewable energy, mining and aviation industries, the company sa...

2010-11-10

Jamaica's national works agency (NWA) and national water commission (NWC) have reached an agreement to coordinate activities for smoother implementation of projects, according to information and telecommunications minister Daryl Vaz.   The minister's remarks came during a tour of northeastern...

2010-11-10

Chile's public works ministry (MOP) will award the US$189mn Iquique access road concession on December 29, a ministry spokesperson told BNamericas.   The project consists of improving and expanding roads linking the region I capital city with the Diego Aracena airport, located some 30km away....

2010-11-10

Argentina's government is seeking a US$400mn loan from the World Bank's International Bank for Reconstruction and Development (IBRD) for a provincial highway improvement program.   The project consists of repairing road surfaces and paving, as well as ancillary work and safety improvements on...

2010-11-10

Mexican private airport operator Asur (NYSE: ASR, BMV: ASUR) reported passenger traffic for October rose by 5.1% to 1.06mn, compared with 1.01mn in the year-ago period.   Asur handled 534,958 international passengers for the month, the company said in a release. The 10.3% gain over the previo...

2010-11-09

Canadian engineering and construction firm SNC-Lavalin (TSX: SNC) posted consolidated net income of Cdn$128mn (US$128mn) in Q3, up 24.3% from Cdn$103mn in 3Q09.   The growth in net income reflected higher operating income from the infrastructure, power and environment segments as well as infr...