12 May, 2021 - García & Bodán

Studies of the development of the railroad network in El Salvador

The Central American Bank for Economic Integration (CABEI) launched the bidding process to begin the studies to determine the feasibility of developing the railroad network for cargo and passengers in El Salvador included in the Pacific Train Project. The Pacific Train project is key to positioning ...

Rural electrification program begins in isolated locations in Honduras

The Government of the Republic of Honduras has received a donation from the Inter-American Development Bank (IDB) to initiate the bidding process for the rural electrification program in isolated areas “Supply of Goods and Related Services for Renewable Energy Generation Systems through Microgrids i...

Construction of the Pacific harbour terminal in Costa Rica

The Petroleum Refining Company of Costa Rica is financing part of its new project, the “Construction of the Pacific Harbour Terminal”, which purpose is to receive ships and store them at the Barranca and Carrizal Terminals in Puntarenas. Most of the project will be financed through a bank loan. Its ...

Leasing Law: A new era of the financial business in Guatemala?

On March 2, 2021, the Leasing Law was published in Guatemala, according to decree 2-2021. The purpose of this Law is to establish the general rules that regulate leasing operations, as well as the rights and obligations of the parties involved in this operation. The financial environment of Guatemal...

CABEI launches support program for El Salvador’s tourism sector

The Central American Bank launched the Regional Competitiveness and Sustainability Program for Tourism MSMEs (PROMITUR) the last April 19th, which seeks to provide financial solutions to help reactivate micro, small, and medium-size tourism enterprises in El Salvador and the region. The program seek...