2010-06-28

Brazil's transport infrastructure department (DNIT) has launched tenders worth just over 145mn reais (US$81mn) for restoration and maintenance work on highways BR-110, BR-316 and BR-423 in Alagoas state.   The roadworks are part of the second phase of national road rehabilitation and maintena...

2010-06-28

Panama's national economic council has approved an additional US$36.2mn in funding for the modernization of Panama City's Tocumen international airport, the economy and finance ministry (MEF) said in a release.   Funds will be used to complete construction of the Muelle Norte terminal expansi...

2010-06-28

Honduras' national ports authority (ENP) requires at least US$225mn for an institutional modernization program, according to ENP president Maynor Pinto.   The issue is of national importance, Pinto told paper El Heraldo, adding that the investment is urgently needed for Honduran ports to rema...

2010-06-25

Brazilian logistics firm LLX Logistica (Bovespa: LLXL3) has signed a 1.2bn-real (US$677mn) financing agreement with national development bank BNDES to build Sudeste port in Rio de Janeiro state.   The funding is comprised of two tranches; a 408mn-real loan for the firm's investment support pr...

2010-06-25

Colombian concessions institute Inco has renewed state oil company Ecopetrol's (NYSE: EC) concession contract for exclusive access to the maritime terminal at Pozos Colorados port in Magdalena department.   Ecopetrol will invest US$20.2mn in the 20-year concession and pay an additional US$537...

2010-06-25

Following approval from Argentina's River Plate basin development fund Fonplata, the Santa Fe provincial government will launch a tender to modernize Santa Fe port, paper El Cronista reported.   The government hired consulting firm Coinre to complete pre-investment studies for the project, wh...

2010-06-25

The Spanish government is offering to support the upgrade of Latin American ports through joint cooperation initiatives, the president of Spain's Santander port authority, Christian Manrique, told BNamericas.   Following the financial cris...

2010-06-24

Ecuador's government will invest US$26.7mn to repair infrastructure damage caused by flooding in Napo province, state-owned newspaper El Ciudadano reported.   Funds are to be distributed through the national risk management authority, the urban development and housing ministry (Miduvi) and na...