MEXICO CITY – President Enrique Peña Nieto on Monday formally opened Mexico's state-controlled energy industry to private investment, saying the nation will accelerate steps for the first round of private contracts.
MANAGUA, Nicaragua – An interoceanic canal in Nicaragua will be built via Lake Nicaragua, also known as el Gran Lago Cocibolca – Latin America's second-largest lake after South America's Lake Titicaca – and its tributaries, the Nicaraguan government and Chinese concessionaire HKND announced on Monday.
Costa Rican President Luis Guillermo Solís on Friday visited the isolated and impoverished border area in northern Costa Rica, the site of a troubled road project plagued by scandals and initiated by the previous administration of Laura Chinchilla.
The board of directors of the Costa Rican Banking Association (ABC) on Thursday met with President Luis Guillermo Solís and members of his economic team to present a plan to boost the country’s economic growth. ABC's proposals include an offer for a $500 million trust fund to finance public infrastructure projects.
School children fidgeted in plumed marching band uniforms and historical costumes in the Alajuela sun as elected officials and ministers spoke in the shadow of the statue of Costa Rican folk hero Juan Santamaría on Friday, a sharp contrast from the violent protests that interrupted the holiday last year over the troubled San Ramón highway concession.
With the president backtracking on plans to allow a Brazilian company to renovate a major highway to the north, Costa Ricans want more answers on what comes next for the troubled project.
Brazilian company OAS is out of a contract to renovate the San José-San Ramón Highway. But the president vows to find a new solution to a road in need of expansion.
