Monthly Archives: April 2015

Almost completed the placement of new locks on the Panama Canal

28/04/2015 in “PrensaLatina” Panama. – The most complex construction operations of the Panama Canal expansion will be completed today, when is installed the last of the 16 huge rolling gates of the third set of locks, which will be in service in early 2016. The termination of this phase is “a key goal” in the…

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ICEX AFRICA WEEKS (May 2015)

ICEX Spain – Export and Investments organizes, in cooperation with IVACE International and during the next 7th and 13th May in Valencia the seminars below, in the context of “Africa Weeks” May 2015: 7th May   8:45 a.m. – 11:00 a.m. South Africa, Mozambique, Kenia and the region of East Africa: business opportunities. 12:00 p.m.…

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Mozambique’s gas power station nearing completion

23/04/2015 in “Fin24” Great progress is being made with the construction of a 100 MW natural gas fired power station at Ressano Garcia, on the border between South Africa and Mozambique. The first of 13 power generation sets arrived at Gigawatt Park in Ressano Garcia, the Mozambican border town, on April 13 2015. (…) Shipment…

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Paraguay and the conquest of the river trade

23/04/2015 in “SudméricaHoy” Paraguay stood out in South America by the highest growth rate of the continent in 2014: 4 percent. The country bet by the modernization of its waterways to strengthen the river trade and Brazil, such as Argentina, benefit from this state policy. One third of the Paraguayan economic growth depends on its…

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Spanish Gamesa signs a contract to supply of 50 MW in Uruguay

23/04/2015 in “SudAméricaHoy” The Spanish company Gamesa, manufacturer of aero-generators, signed a contract with the Spanish promoter Smartener to supply 50 megawatts (MW) in Maldonado II Park, located in south eastern Uruguay, reported today in a statement. According to the agreement, Gamesa will install and set in motion 25 aero-generators G114-2.0 MW, a new turbine…

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Indonesia celebrates the Asia-Africa Summit commemorative of Bandung

23/04/2015 in “PrensaLatina” Jakarta – The African-Asian conference commemorative of Bandung came yesterday at its maximum level, flattened by proposals for political pronouncements agreed between ministers and by economic initiatives in the business context. The summit has confirmed the presence of 32 heads of State and Government, Vice-Presidents and Deputy Prime Ministers and other representatives…

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Ethiopia invest $240 million on road construction

15/04/2015 in “New Business Ethiopia” The first project of road construction is expected to pass through mountainous range. It will be 19 meters wide in rural areas and 10 meters wide in urban areas and will take 42 months to finish. The second project, located in Northern Ethiopia, is the Bilbela-Sekota road project. It was…

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Ecopetrol receives patent for technology that prevents the theft of fuel

17/04/2015 in “SudAméricaHoy” The Colombian oil company Ecopetrol announced that the Superintendence of Industry and Commerce (SIC) issued it a patent for the invention of a system to close leaks in pipes and fluid transport pipes and prevent theft of fuel. “This development is part of a technology package of the draft of the fuel…

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Latin America, the bet 74% of Spanish companies

16/04/2015 in “SudAméricaHay” It’s not a lower percentage. 74 percent of Spanish companies with a presence in South America, has decided: increase their investment in the region. Despite the economic downturn, the Spanish investments look for this direction. The VIII Report “Spanish Investment Panorama in Ibero-America” ​​also warns that 88% of small and medium enterprises…

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Petrobras announces two new oil discoveries in Brazil

16/04/2015 in “SudAméricaHoy” The Brazilian state oil company Petrobras announced today two new discoveries, one of oil on the land area of the Basin of the Holy Spirit, located in the Atlantic Ocean, and another of crude and gas in the Amazon Basin. The discovery in the Espírito Santo Basin occurred during the drilling of…

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Chile, Puerto Rico and Uruguay lead the use of technology in Latin America

15/04/2015 in “SudAméricaHoy” Chile, Puerto Rico, Uruguay, Costa Rica and Panama are leading in Latin America the World Economic Forum technology competitiveness index, led globally by Singapore and Finland, information disseminated today by industry sources in San Juan. The Industrial Association of Puerto Rico presented in the capital the results of the “Global Report on…

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Angola and Spain analyse bilateral cooperation

14/04/2015 in “Angola Press” Luanda – A meeting of bilateral consultations between Angola and Spain runs on 15 to 16 of this month in Madrid, the Spanish capital, under the enhancement of mutual cooperation. The initiative aims to evaluate policy issues as well as bilateral and multilateral cooperation under the Memorandum of Understanding on Bilateral…

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IDB analyzes Uruguay public-private option to increase the investment in the region

09/04/2015 in “SudAméricaHoy” Montevideo – Senior officials, private sector representatives and international experts from around the world will evaluate, from next Monday on in Uruguay, the way to increase investment in Latin America and the Caribbean through public-private partnerships within a conference organized by the IDB.  The event, known as PPP Americas Conference (Public-Private Associations…

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UAE heads for 10% deployment of renewable energy by 2030

08/04/2015 in “Gulf News” Carbon dioxide emissions cut by total 29 megatonnes per year post-2030 Abu Dhabi: The UAE envisages a quantum leap in deployment of renewable energy by 2030. Currently, the target is only at a 0.9 per cent share of renewables. However, a new report released on Tuesday evening suggests that the UAE…

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UAE FDI outflows stood at $67 billion in 2014

31-03-2014 in Gulf News Dubai: The value of UAE’ foreign direct outflows stood at $67 billion (Dh245.9 billion) in 2014, Sultan Al Mansouri, UAE Minister of Economy said at Ministerial Roundtable at the Annual Investment Meeting 2015. Most of these investments are related to various businesses in energy, real estate, telecommunication, ports development and management,…

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UAE drafting law for 100% foreign ownership of firms

30-03-2015 in “Gulf News” DUBAI: The UAE is at an advanced stage of drafting a foreign investment law that would allow 100 per cent foreign ownership of businesses in some sectors, the economy minister said (…). Sultan Bin Saeed Al Mansouri, speaking at an international investment conference in Dubai, did not specify the sectors or…

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Bahrain Infrastructure & Finance Forum 2015

28 – 29 April 2015 Upcoming developments and commercial opportunities across Bahrain’s transport infrastructure, real estate, housing, healthcare and tourism sectors. Bahrain’s infrastructure projects market in 2015 is valued at $28.4bn, of which highlight sewage plans, transport projects, housing and real estate developments (latest infrastructure projects and pipeline opportunities). They include: – Transport infrastructure: Bahrain’s…

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