$40 million More for Centranorte Project
Banrural and the German Bank for Development and Investment have granted a loan to Servicios para Centrales S.A. to finish building the bus transfer terminal CentraNorte in Guatemala.
Friday, June 8, 2012
The Rural Development Bank (Banrural) and the German Bank for Development and Investment (DEG, by its German acronym), have agreed to pay $40 million to the company Servicios para Centrales S.A., to complete construction of the bus transfer terminal CentraNorte, reported Elperiodico.com.gt.
A group of Guatemalan businessmen led by Fernando Paiz, intend to use the idea of associating a passengers transfer center with a shopping center, something which has already been done in Panama.
The Colombian company, Conconcreto, has announced an investment of $25 million to build the project.
The complex will also have space for 300 banks, restaurants and shops.
The Ministry of Public Works in El Salvador has announced a tender for the construction of the first section of the Metropolitan Transit System, for about $10 million.
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