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Siemens Gamesa opens a global engineering and R&D centre in India

Source: Energías-renovables.com 05/12/2018 The German-Spanish multinational Siemens Gamesa Renewable Energy (SGRE) inaugurated on December 5th its new engineering facilities in Bengaluru, Karnataka, India, where it has been present since 2009. The center will be one of the three main R&D of the multinational in the world, along with those located in Spain and Denmark and…

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LATIN AMERICA ENERGY FORUM 2019

25th -27th February 2019 – Miami, U.S.A. The 3rd Latin America Energy Forum will address the needs of Latin America’s evolving energy sector, exploring the evolution of the region’s energy mix and the role of gas in supporting the increased use of nonconventional renewables. With government leaders from the US and Latin America joining senior…

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Powering Africa Summit – Washington DC., U.S.A. – February 2019

The 5th Powering Africa Summit (PAS) will take place this February 2019 in Washington, D.C. The annual Powering Africa Summit is a platform to showcase power, trade and infrastructure investment opportunities across the African continent, engaging decision makers from the American and African public and private sectors to explore how project bankability can be increased.…

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Ferrovial will renew the sewer system in London

Source: OKDiario 29/11/2018 London intends to renew the structure of the city’s sewer system, built in the Victorian era. The Works of the Thames Tideway tunnel – that’s the name of the project – are advancing by leaps and bounds; they will have an approximate duration of seven years and are estimated to be completed…

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«There will be a massive development of infrastructure in Africa and Spanish companies have a lot to contribute» considers the CEO of Eurofinsa

Source: eBiz Africa Review March 2018 Spanish companies in general are starting to focus on Africa, the continent that offers the most growth opportunities in various sectors, as infrastructure or energy. Some Spanish companies, however, have been installed in the continent for several decades, as is the case of Eurofinsa, which works essentially in the…

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Spain aims to receive Chinese investments of nearly 4,500 million Euros

Source: Economista 27/11/2018 The visit of the President of the People’s Republic of China Xi Jinping to Spain, which begins this Tuesday, has a significant economic and geopolitical interest. If on the one hand, the Spanish authorities trust in tripling the current investments of the Asian giant towards Spain, on the other hand, China has…

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ACS wins a contract of 875 million Euros for the Sydney metro

Source: Expansion 21/11/2018 Cimic, the Australian subsidiary of ACS group, has won a contract with the Sidney metro. Known as “Sydney Metro City & Southwest,” it is considered Australia’s largest public transportation project. In the statement issued today, the executive director Michael Wright confirmed the award of the contract after “an unique offer of Cimic…

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The growth of the world economy has reached its peak, according to the OECD

Source: El Economista 21/11/2018 The Organization for Economic Cooperation and Development (OECD) noticed today that the world economy has reached its peak in 2018 and that next year will start a slowdown as a result of trade tensions, stricter financial conditions and rising prices of the oil. In its semi-annual report, the OECD places in…

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10th EDITION “MULTILATERAL WEEK” – FROM 12 TO 16 NOVEMBER – ICEX MADRID

ICEX SUBDIRECTION OF INTERNATIONALIZATION OF COMPANIES AND MULTILATERAL INSTITUTIONS; DIRECTORATE-GENERAL OF INTERNATIONALIZATION OF COMPANIES Is taking place along this week the 10th Edition of “Multilateral Week” in ICEX of Madrid. Between November 12 and 16, various business opportunities will be addressed for Spanish companies in Latin America, Sub-Saharan Africa and the Southern Mediterranean, Asia, the…

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Spanish startups received more than 1,200 million Euros in 2018

Source: Business Insider 02/10/2018 September closes with a significant amount of 65.5 million Euros invested in Spanish startups, added in a total of 18 operations. This amount, together with the other investments of 2018, means that at the end of the third quarter, the cumulative amount of investments in this type of companies is above…

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Assessment of Spanish infrastructure companies – Davos Competitiveness Report

In “EXPANSION” By Julio Gómez Pomar – Secret.State Infrastructures 10/14/2016 “The Spanish transport infrastructures have an extension and quality that places them, in the opinion of different international institutions, among those of the first countries of the world. The Davos Global Competitiveness Report for the biennium 2015-2016 gives them the sixth position on a world…

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How to properly assess the quality of a service?

24/09/2016 source “OKDiario” Unlike evaluate a product, as it is tangible, is easy because there are a number of parameters by which is possible to measure its quality, assess how a service is being done is not so easy. Assess a service implies a certain scale of subjectivity, and this reality understood differently by each…

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Central Bank of Peru says that public investment is important to the economy

23/09/2016 source “El Comercio” The President of the Central Reserve Bank (BCR) of Peru, Julio Velarde, said that public investment is important to the Peruvian economy, since it has a multiplier effect of 1,5 times, in an environment where GDP slowed in recent years due the lower productivity. “Public investment becomes important to the economy.…

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Jordan, an oasis for doing business in a very instable area

22/09/2016 source “Expansión” Although it share borders with Syria, Iraq, Palestine and Israel – one of the most conflicting and unstable geographical areas of the globe – Jordan became an oasis of relative political and economic stability and intends to continue to develop an open economy abroad. The current situation and its geographic location caused…

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Petrobras cuts 25% of its investment plans

21/09/20916 source “Financiero” The Brazilian state owned oil company Petrobras said in a statement that will further reduce its investment plans – a fourth part – expecting to invest between 2017 and 2021 only 74,100 million Dollars from those 98,400 million that had been projected in the previous strategic plan for 2015-2019, representing a decrease…

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BIS report: emerging markets exposed to external shocks due to higher debt

20/09/2016 source “Financiero” In its annual report, the Bank for International Settlements (Bank for International Settlements – BIS) warned of the fact that emerging market debt issuers are exposing their currencies to greater volatility by allowing financing funds (the loans in Dollars) exceed the value of their reserves. The BIS, based in the Swiss city…

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New Law on Public Contracts shall enter into force in Angola

19/09/2016 source “Angop” The new Law on Public Procurement Angola, repealing the old Law on Public Procurement came into force last Friday, informed the Angolan Ministry of Finance. The statute seeks to defend the rationalization and reduction and control of public spending, and has the new express consecration of the simplified procurement procedure for low-value…

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Macri launches a ‘mini Davos Forum’ to attract investors

15/09/2016 source “El Español” With the economy in recession and requiring new funds to straighten up, Argentina launched an Investment and Business Forum that the rulers want to convert into a kind of “mini Davos”. “I invite you to invest and I hope that you all take part of this wonderful stage,” said the president…

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Ferrovial purchase Transchile by 64 million Euros

13/09/2016 source “Expansión” The Spanish group Ferrovial acquired the Chilean company Transchile by 64 million Euros (72 million Dollars), a transaction that allow entering into the business management of power transmission infrastructure in Chile. The announcement was made by the company that, with this operation, took another step in its strategy of growth and international…

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Lagarde calls to expand the benefits of globalization

13/09/2016 source “El Financiero” The general director of the International Monetary Fund (IMF), Christine Lagarde, defended before the Toronto Global Forum, that began yesterday, the benefits of globalization, urging governments to act so that these benefits reach all. The Global Forum Toronto is an event organized by the International Economic Fund of America, where id…

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ACS will build two hospitals in Latin America for about 130 million Dollars

12/09/2016 source “Expansión” The Industrial Division of ACS, through its subsidiary Makiber, will build two hospitals in Latin America, specifically in Ecuador and Bolivia, two projects that are budgeted for a total of 130,4 million Dollars (116 million Euros). In Manta village in Ecuador Makiber will build and equip, as a “turnkey” project, a hospital…

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U.S. companies seeking investment opportunities in Chile

08/09/2016 source “Cesla” Representatives, businessmen and managers of over one hundred companies and six economic development organizations of the United States travelled to Chile to make a visit aimed to explore new business opportunities and investment with the region. The trade mission, organized by the United States Department of Commerce, is called the Trade Winds…

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5th Ministerial Conference “Macau Forum” held in October

06/09/2016 source “MacauHub” On 11th and 12th of October next will be held the 5th Ministerial Conference “Economic and Trade Cooperation between China and Portuguese-speaking Countries Forum. The conference theme is “Towards Consolidation of Economic and Trade Relations between China and the Portuguese-speaking countries: unite Efforts for Cooperation, Building Together the Platform, Share the Benefits…

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Rwanda: Portuguese group Mota-Engil will build airport in Bugesera for 818 million Dollars

05/09/2016 source “Jeune Afrique” The construction project of Bugesera International Airport was awarded to the African subsidiary of the Portuguese construction group Mota-Engil, according to information released by Manuel Antonio Mota, CEO of Mota-Engil Africa, during a press conference in Kigali last 1 September. Under the contract, Mota-Engil will be responsible for managing the airport…

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The IMF warns about weak global growth and urges the G20 to take actions

02/09/2016 source “Expansión” The International Monetary Fund (IMF) released today a preliminary report to the G20 summit to be held in the Chinese city of Hangzhou next 4th and 5th September, which warns about the weakness of global economic growth and the “negative dynamics” forecasted for the long term. The report states that the recent…

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Companies in Latin America face a weak outlook due to low economic growth

02/09/2016 source “Cesla” Companies in Latin America faces a challenging outlook in the remainder of 2016 due to a number of factors as slow economic growth, low commodity prices and political risks, said the qualification agency Fitch in a report released yesterday. “Throughout Latin America, corporate issuers face opposing forces that are not expected to…

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Japan pays electric substation of 110 / 33kV in Mozambique

01/09/2016 source “MacauHub” The Japanese group Mitsubishi Corporation will build an electric substation of 110/33kV, 40MVA in northern Mozambique, under a contract signed with the state company Electricity of Mozambique (EdM), a project valued at 14,5 million Dollars. The contract includes the construction of a substation of 110 / 33kV, 40MVA, with three kilometers of…

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Entrepreneurs are optimistic given the current economic conjunction?

01/09/2016 source “América Economía” In general, we can summarize the vision of businessmen worldwide in relation to the economic situation in their respective countries as a weather forecast: cloudy skies with some local storms. Although there are optimistic – as investors from India (90%), Ireland (86%), Botswana (78%), New Zealand (76%) and Nigeria (64%) –…

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Oil market seeks to unite efforts to control supply

29/08/2016 source “Diario Economico” With a situation of low prices in the end of last week, the main oil producing countries seek a consensus and work together to achieve stability in the market, in the middle of divided positions. The oil minister of Saudi Arabia, Khalid Al-Falih, recently opined that it is not necessary to…

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Brazil and China will sign cooperation agreement on trade and services

29/08/2016 source “MacauHub” The governments of Brazil and China are expected to sign a cooperation agreement on trade and services during the next summit of the G20, scheduled for the next 4 and 5 September. The Minister of Industry, Trade and Services, Marcos Pereira, said that the agreement is of great importance for the country…

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Sixty trade agreements expected at the Tokyo Conference on African Development

26/08/2016 source “Jeune Afrique” Three years after its fifth edition in Yokohama, which saw Japan announcing an investment program for Africa of 24 billion Euros over 5 years, the Sixth Tokyo International Conference for African Development will take place in Nairobi, Kenya, next 27 and 28 August, during which organizers hope the signing of sixty…

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EDP signs contract to build a dam in Peru

24/08/2016 source “Dinheiro Vivo” The company of Portuguese and Chinese capital Hydro Global Peru – created by the group EDP Electricidade De Portugal (led by António Mexia) in conjunction with China Three Gorges, its largest shareholder for the Peruvian market – has signed a contract to build a dam of 206 megawatts of power in…

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AFRICA SINGAPORE BUSINESS FORUM

24-25 August 2016 Singapore Fostering Investment, Trade and Thought Leadership between Africa and Asia Africa Singapore Business Forum (ASBF) is the premier platform for fostering investment, trade and thought leadership between Africa and Asia. Hosted in Singapore since 2010, the forum has brought together close to 2,000 business and government leaders from 30 countries to…

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Angola: APIEX in “Africa Singapore Business Forum”

23/08/2016 source “Angop” Angola will participate, through the Agency for Investment and Export Promotion (APIEX), in the event “Africa Singapore Business Forum” (ASBF), to be held in Singapore on the 24th and 25th of this month, where aims to present the theme “Invest in Angola , invest in the Future. ” The ASBF is currently…

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G20 economies could grow 4.4% in 2016

19/08/2016 “source” El Financiero “ The agency Moody’s Investors Service provides that the developing economies of the G20 will grow 4.4% this year and 5% next year. Analysts of the credit rating agency that revised their forecasts for the world’s biggest emerging markets in 2016 and 2017 announced that they expect the expansion of emerging…

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European Union wants to strengthen cooperation with Angola

16/08/2016 source “Prensa Latina” The European Union (EU) is willing to strengthen cooperation with Angola to improve the business climate in the country and makes it more attractive to investors, told reporters the EU ambassador in Luanda, Gordon Kricke after a meeting with the Angolan vice president, Manuel Vicente. According to Gordon Kricke, many European…

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Ivory Coast approved a road development plan of 5,7 billion Euros

16/08/2016 source “Jeune Afrique” Met in Abidjan in Council of Ministers, the government of the Ivory Coast gave green light to an extensive development program and approved the first phase of the Road Development Plan 2016-2025. According to a statement issued last Wednesday August 3rd, the Government approved the implementation of the phase 2016-2020 of…

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British companies lock their expansion plans due to Brexit

12/08/2016 source “Expansión” British companies foresee temporally suspend their expansion plans and hiring at the current situation of uncertainty generated by Brexit. Some analysts even believe that the British economy will enter into recession in the coming months because of the effects of Brexit. The Bank of England warns, through a report made with data…

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In Africa, international investors are betting on renewable energy

11/08/2016 source “Jeune Afrique” International investors consider renewable energy sector as the most promising in Africa in 2020 and are ready to strengthen their holdings, according to a survey released on Tuesday by the agency Havas Horizons. “Investors believe in the continent’s ability to become a world reference for renewable energy, their current activity, and…

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China State Grid analyses purchase of Brazilian CPFL Energia

08/10/2016 source “Wall Street Jounal” The China State Grid group is considering the purchase of the Brazilian company CPLF Energy. The deal, which could amount to 13 billion dollars, will be the largest investment ever made by a Chinese company in Brazil, and includes the assumption by the Chinese group of the liabilities of CPFL…

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G20 agenda should be “ambitious” in innovation, trade and investment

10/08/2016 Source “Ocean Press” Hundreds of experts of various nationalities attended the summit Think 20 (T20) which was held on 29 and 30 July in Beijing, a preparatory meeting for the G20 summit. Researchers and economists delivered a draft of proposals called “Policy Recommendations to the G20” for the summit to be held in September…

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Mozambique launches tender for geological survey of the country

08/08/2016 source “MacauHub” The government of Mozambique will launch an international public tender to award a contract to carry an exhaustive geological survey of the country in order to know in detail the existing mineral resources. The geological survey to be carried out will complement the geophysical survey already conducted in the southern area of…

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Kochi International Airport operates only with solar energy

06/08/2016 source “América Economia” The Airport of Kochi is located thirty kilometers from the city of Kochi, in India, and is one of most busy and with more traffic in the country. It was built in 1999 and moves about seven million passengers a year, being the fourth airport in international traffic. Three years ago…

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The British economy is already approaching the recession due to Brexit

03/08/2016 source “Expansión” The UK approaches increasingly the spectre of economic recession. The three main sectors of the British economy (services, industry and construction) made in July a severe braking as a result of Brexit victory in the referendum of last June 23. Chris Williamson, chief economist at Markit, said that “although it is too…

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Another renewable energy with infinite potential: Osmosis

20/072016 source “América Economía” Sea water, fresh water and a three atoms thin membrane are the ingredients of the new clean energy that joins the list of renewable we already know. Osmotic energy could be developed anywhere in the world that have these three factors. With a big and endless potential, as any renewable, the…

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Companies will invest 5,000 million Dollars in solar power generation in Mexico

15/07/2016 source “America Economia” Several construction companies and operators of photovoltaic solar power plant will invest 5,000 million Dollars in the country over the next five years, a measure to expand the generation capacity of up to 4,000 megawatts. The information was released by Héctor Olea, president of the Mexican Photovoltaic Solar Energy Association (Asolmex),…

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Sacyr will build a highway in Italy by 2,800 million Euros

14/07/2016 source “Expansión” Sacyr was awarded the contract for construction of the highway between the Italian cities of Rome and Latina, a project which involves an investment of approximately 2,800 million Euros. The project, which consists of the construction of the highway Rome-Latina, of 186 kilometers designed to complete the great ring road of Lazio…

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Exim Bank of India lends 200 million Dollars to Senegal

14/07/2016 source “Jeune Afrique” The Indian Export-Import Bank, the Indian bank for import and export, signed in early July a grant of credit of 200 million Dollars to Senegal. According to a statement issued on 8 July, this funding will allow the construction of a 225 KV electrical transmission line between the cities of Tambacounda,…

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Angola consolidates its position as the main oil producer in Africa

14/07/2016 source “Angop” Angola consolidates its leading position oil producer in Africa, overtaking Nigeria in the second quarter of 2016, according to the data on the production of oil released by the Organization of Petroleum Exporting Countries (OPEC) last Tuesday. The data released by OPEC in its latest monthly report about the oil market indicate…

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The impact of “Brexit” in Latin American economies will be minimal

13/07/2016 source “Cesla” The direct impact of “Brexit” – the decision of the United Kingdom to leave the EU – over the economies of Latin America will likely be minimal due to limited trade links between Britain and Europe and the South American region, said last Monday the rating agency Moody’s in a report. The…

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Construction of new port and railway line in Mozambique will start in 2017

11/07/2016 source “MacauHub” The construction of the railway line between Moatize and the region of Sopinho and the deep water port of Macuse will start at the first quarter of 2017, assured the president of Zambezia Development Corridor (Codiza). The port of Macuse and the railroad line of more than 500 kilometers are considered strategic…

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Qatar Petroleum joins ExxonMobil for purchases in Mozambique

08/07/2016 source “MacauHub” The Petroleum business groups ExxonMobil and Qatar Petroleum have decided to join together to evaluate potential acquisitions of energy assets in Mozambique, where were discovered natural gas deposits worldwide. The news was released by the financial news agency Bloomberg which, citing sources close to the process, said that the two oil groups…

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Solar energy is becoming the main source of electricity in the U.S.A.

06/07/2016 source “America Economia” Solar power walks for the first time to be the source that delivers more electricity to the grid of the United States this year. According to industry members and some independent reports, this feat was achieved more for economic reasons than by green incentives, but the truth is that the cost…

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Senegal: AFD lends 40 million Euros for the electricity interconnection

05/07/2016 source “Jeune Afrique” The French Development Agency (AFD) signed on the 1st of July in Dakar with the Government of Senegal an agreement to borrow 40 million Euros (26,238,000 million CFA francs) to complete the financing of the project of electrical interconnection of the Organization for Development of the river Gambia (OMVG). A remarkable…

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Ferrovial will remodel the airport of Denver

04/07/2016 source “Expansión” The contract to refurbish the Denver International Airport, assessed between 700 and 950 million Dollars (between 629 and 850 million Euros), was awarded to the Spanish construction company Ferrovial. The Denver airport is the biggest in the United States regarding its total area level and the fifth most transited in the country.…

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ACS will build two photovoltaic plants in Japan

04/07/2016 source “Expansión” The Spanish group ACS has signed, through its subsidiary Maetel, two new “turnkey” contracts to build two photovoltaic stations in Hayato and Hokota, Japan. These two stations are property of customers for which Maetel had already worked in the country. In a statement, the ACS manifests that Maetel became “one of the…

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Acciona awarded the Works of the metro of Dubai

29/06/2016 source “ABC” It was awarded to the consortium formed by the French Alstom, the Spanish Acciona and Turkish Gulemark the contract to extend the metro from Dubai to the fairgrounds where will take lace the “Expo 2020”. The project is estimated at a total of 2.600 million Euros. The construction project, which has an…

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The IEA says that 66% of new energy demand will come from emerging countries

28/06/2016 source “Expansión” The study “Prospects of Energy Technology 2016”, presented yesterday by Kamal Ben Naceur, responsible of sustainability of the International Energy Agency (IEA) says that currently cities are responsible for about 70% of CO2 emissions, stating that cities in developing countries will account for two-thirds of the increase in energy demand by 2050.…

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Sweden inaugurated the first electric road of the world

23/06/2016 source “Expansión” It was inaugurated near the city of Gävle, in central Sweden, the first electric road of the world. This new road model allows trucks to operate as electric vehicles on the lanes set for this type of circulation and as regular hybrid vehicles in other lanes. Several trucks of Scania experienced this…

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Brazil defend more flexible rules of Mercosur

21/06/2016 source “Folha de São Paulo” The Interim Government of Brazil defended the relaxation of a few rules of the Southern Common Market (Mercosur). According to the Minister of Foreign Affairs of Brazil, José Serra, the country was too tied to the clauses of the customs union of Mercosur. In a ceremony held in São…

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Spanish Ferrovial is in talks to buy 55% of the gas project in Peru

17/06/2016 source “El Confidencial” The Spanish construction and services group Ferrovial is in negotiations to acquire 55% of the project South Peruvian Pipeline (Gasoducto Sur Peruano – GSP). The project, managed by the Brazilian group Odebrecht, is to build and operate about 1,134 kilometers a pipeline that will carry natural gas in southern Peru and…

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Central banks expectants before the results of “Brexit” in the UK

16/06/2016 source “Expansión” The world’s central banks remain expectant before the close of the voting date in the UK to leave the European Union – “Brexit, as is commonly known – and some are preparing for possible instability of the financial market. Analysts from other banks continue to predict that the British will vote to…

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Renewables continue winning the race of prices

14/06/2016 source “América Economía” The latest long-term forecast report issued by Bloomberg New Energy Finance (BNEF), entitled New Energy Outlook 2016 (NEO) states that although gas and coal prices probably remain probably low, may not prevent the fundamental transformation of the global electric system in the coming decades in renewable sources such as wind or…

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Portuguese plant works 100% with solar energy

13/06/2016 source “DN” The factory of office, geriatric, hospital, school and hotel furniture of Lordelo, Paredes (Portugal), is the first in the world to achieve depending only on itself to have energy resources. Exactly 1485 solar panels, capable of producing, each 400 kilowatts per hour, make of Wood One a pioneering industry worldwide: it is…

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Shell announces millionaire investment in hydrocarbons in Bolivia

09/06/2016 source “América Economía” The Anglo-Dutch company Shell will hold millionaire investments in research and exploitation of hydrocarbons in the regions of Huacareta and Caipipendi (south), Bolivia. The Bolivian Minister of Hydrocarbons and Energy, Luis Sanchez, said the main purpose of the visit of senior managers of Shell to Bolivia is to ratify their stay…

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Spanish companies received works abroad valued at 11,800 million Euros in 2016

08/06/2016 source “Expansión” The Minister of Public Works, Ana Pastor, said earlier this week, during her speech at the event “Construye España” (Spain Builds), that the Spanish companies have obtained works abroad valued at 11,800 million Euros since the beginning of this year. These new projects of 2016 add to the international work portfolio in…

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Gamesa will expand a wind farm of Elecnor in Jordan

08/06/2016 source “Expansión” Spanish companies Gamesa and Elecnor signed a contract to expand the wind farm of Ma’an (Jordan), in which terms Gamesa will provide seven new turbines of 2 megawatts (MW) each. The “turnkey” projects that Elecnor is building for the Ministry of Energy of Jordania started operating two months ago. After this expansion,…

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Angola LNG resumes sale of liquefied natural gas

07/06/2016 source “MacauHub” The Angola LNG company launched a tender for the sale of the first shipment of liquefied natural gas since the unexpected shutdown of the Soyo unit in April 2014. The information was disclosed by the company in a statement, which also states that the gas has already been loaded in a company…

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Mexico beats Brazil as the first partner in Germany to invest

06/06/2016 source “Financiero” The German ambassador in Mexico, Viktor Eibling, said that at least seven out of ten German companies in the country reiterate their confidence in the Mexican economy, noting that Mexico is one of the best countries in Latin America to invest. According to the words of the diplomat, Mexico is a vital…

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ACS gets a water supply contract in Sri Lanka valued at 97 million Euros

05/06/2016 source “Expansión” Was awarded to the Spanish group ACS – through the consortium formed by its affiliates Makiber, Tedagua and Cobra – a contract to design, build and start up a potable water supply system in Sri Lanka, valued at about 108 million Dollars (96,8 million Euros).   The project comprises the design, construction,…

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OECD: governments should boost spending to avoid “low growth trap”

02/06/2016 source “América Economía” The Organization for Economic Cooperation and Development (OECD) states that the world economy is stagnant in a “low growth trap” and that will grow in 2016 at its slowest pace since the financial crisis for the second consecutive year. With reticent companies when investing and consumers cautious about spending, the world…

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Brazil worsts its recession and GDP falls 5,4%

02/06/2016 source “Expansión” The Brazilian economy, the largest in South America, worsened its recession in the first quarter of the year, with the fall of 5,4% of GDP, compared to the same period of 2015, according to the Brazilian government. Compared with the data from the last quarter of last year, released by the Brazilian…

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Angola receives investment proposals of 30 billion Dollars in seven months

31/05/2016 source “MacauHub” The Private Investment Technical Unit (Unidade Técnica de Investimento Privado-UTIP) of Angola received since its inception seven months ago, investment proposals valued at about 30 billion Dollars. The announcement was made by Norberto Garcia, Director General of that entity, who recalled that the investments approved during these seven months summed an amount…

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The (large) ambitions of São Tomé and Príncipe in infrastructure

27/06/2016 source “Jeune Afrique” A deep water port and an international airport that worth its name? They are expected very soon. No more playing with thumbnails: to stimulate its economy, the archipelago thinks big. In Fernão Dias, in the north of the island of São Tome, about 30 km from the capital is being built…

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Extraction of natural gas in Mozambique will likely start in 2021

25/05/2016 source “Indian Times” The beginning of the extraction of natural gas in the block Area 1, at north of Mozambique, in which Indian companies have a joint source of the problem is the sharp drop in natural liquified gas prices over the past two years, following to an oversupply that left both sellers and…

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The Panama Canal opens projects to Spain of 3,150 million Euros

25/05/2016 source “La Razón” and “Prensa” Seven years after starting works, the United Group consortium Canal (GUPC), led by the Spanish company Sacyr with 41,6% of the capital, concluded the works to expand the Panamanian ocean route. The end of the Panama Canal expansion project opens a “new horizon” of investment for Spanish companies in…

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ACS gets new 235 million Euro contract in Abu Dhabi

24/05/2016 source “OK Diario” It was awarded to ACS, through its engineering subsidiary Intecsa Industrial, a new “turnkey” contract in Abu Dhabi, United Arab Emirates, according to the information released by the group chaired by Florentino Perez. Abu Dhabi Oil Refining Company (Takreer), a subsidiary of Abu Dhabi National Oil Company (ADNOC) was the entity…

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