Central America is definitely showing strong signs of economic recovery; some even will say that together with South America, these region resisted the economic crisis of 2008 with much better conditions and better results than other economic areas of the world.

LARGE PROPERTIES

CEPAL, one of five regional commissions established by the United Nations presented the Latin America and Caribbean results for 2010 with record numbers of foreign direct investment (FDI) surpassing the rest of the world in percentage growth.

Following the favorable winds that are refreshing Central America, Calvet & Associates is also presenting improved results for 2011. As reported by Raul F. Calvet, C&A has finished the studies for a new high end boutique hotel in Little Corn Island in Nicaragua and is preparing an analysis report for property inside CapCana, Dominican Republic’s prime destination. The company is also working in the preparation of a major development project in Honduras and continues to work with Nezua at Chacocente (Nicaragua) that promises to become the most important mix use development and environmental conservation project in the region.

The Monthly Economic Activity Indicator published by the Central Bank registered an average 7.4% growth during the last months, compared to a negative -1.9% the year before.