Last February, the National Executive of Venezuela inaugurated the Robotic Storage System under the activation of the pharmaceutical motor. This event was initiated with the operations of the main warehouse in Miranda state and then, in the regions of Aragua, Anzoátegui, Lara and Barinas.
In recent months, significant advances were made, 300 linear meters in both directions of paving on Phase 3 and over 600 linear meters in both directions on Phase 2. It is noteworthy that each direction of track is 7.30 meters wide by 0.15 meters thick.
From next April, we will begin the construction of the model house within the Green Valley Eco City. A house of 320 m2 with unique features differentiating it from the rest of the projects offered in Panama City.
Last February, Pratocorp S.A., Member Company of Prato Group, was sworn in as a member of the prestigious guild of the Panamanian Construction Chamber, CAPAC. This confirms once again the commitment of our organization to continue providing our experience and talent in this growing country.
Our Comptroller’s Department and Finance attended on march 16th, 2016 the conference on Law 23, where important points were discussed such as; to establish measures to identify, assess and understand the risks and consequences of money laundering and terrorist financing and to establish appropriate controls to mitigate them.
On February 3rd, 2016 Prato Group Foundation signed an agreement of mutual support with the Construction Chamber of Carabobo State with the aim of uniting efforts and institutional capacities of each organization to develop programs, projects and activities that promote quality, improvement and training of manpower in the construction area and similar areas, and encourage entrepreneurship and any other initiative for the sustainable social development in the communities agreed.
In the second half of 2016, The International Medical Group (IMG) will open its doors in Punta Cana-Bavaro, the first health center in Dominican territory with a structure, taking into account American and Canadian standards.
ORINOKIA SUITES arises from the housing need generated by the new development area of Panama City: "Green Valley" ECO CITY; whose innovative concept it is based on the use of the natural environment and aims to achieve sustainable development, which makes this project more attractive.
Since last October, Pratocorp S.A. member of Prato Group company, is a member of Panama Green Building Council; a non-profit (NGO) organization, whose mission is to promote sustainability in the way communities are conceived and buildings designed, constructed and operated; whose members seek to combine the efforts of different countries in the region aimed at the transformation of the construction market towards sustainability, taking into account the needs and specific conditions of the Central American and Caribbean region.
Last November 26, at the Auditorium of José Antonio Páez University, Prato Group Foundation conducted the certification of the first cohort of "self-management for micro-entrepreneurs" which is under the framework of “Young Builders Program from Venezuela” essential pillar of the foundation.
Our organization was founded on September 24, 1979 with the mission to develop, manage and build real estate projects and services in the national and international level, for the public and the private sector with optimum standards of quality and productivity, innovative financing strategies, administration, and with the best organizational climate with social responsibility.
At the Hesperia WTC in Valencia, we celebrated our big anniversary last September 23; where we shared with customers, investors and commercial and financial, national and international strategic partners and diplomatic corps. In this meeting, we shared presentations where experts in the field exposed the economic prospects of the regions where Prato Group is conducting its projects; followed by our transnational strategic partners; who shared their experience and certified the great support that has represented our organization in the development of their projects.
To reaffirm our commitment to social responsibility, Prato Group Foundation held last September 24, as part of the anniversary of Prato Group, the 1st Meeting with the Wines called “Tasting, Wine pairing and distinguishing” to benefit the Prato Group Foundation. It was led by Mr. Arquímedes Román, wine expert, and the presence of the Chef Ana Natera, with exquisite snacks for a successful wine pairing.
International Medical Group Punta Cana, is the brand that our specialized medical tourism project will carry out, where tourism services and qualified medical care come together to provide quality care and service through a large hospital infrastructure in the specialties of bariatric surgery, plastic surgery, ophthalmology, cosmetic dentistry and orthopedics.
What better way to close our anniversary celebration than regaled our employees and internal allies? With a country meeting, we enjoyed the rhythm of music, playing dominoes and bowls with the whole big family that integrates this organization, taking the opportunity of the meeting to give recognition to the employee of the year: our partner Mildred Bermúdez, and to the internal ally of the year: Arquitec company.
At present time, we are concluding the electric infrastructure, communications and lighting of the 3rd phase, it only remains to finish building some cameras and their home. Only the lighting work is pending (viaduct, light posts, lamps) which will be installed with the completion of East Amazonas and Sena Avenue from the Green Valley large-scale project. We began staking out works in the 2nd phase, which indicates the start of excavation, trenching and construction.
To the current date, NOC1 (Network Operations Center) building is 98.57% advanced; we are in the conditioning and finishing touches stage. We also started our after-sales service with the revision of manuals and dossiers about the quality of equipment and facilities.
In order to tackle, implement and meet the short, medium and long term different projects and educational, cultural, scientific, sports and entrepreneurship educational programs, Prato Group Foundation has established initial contacts with profit and nonprofit sectors in order to foster strategic alliances that generate social value and sponsor the target by the Group to cover the largest number of beneficiaries.
Since last October, Prato Group Foundation began the program of scholarships and student assistance in order to encourage and promote academic excellence. As socio-economic support to improve academic performance and promote and encourage an attitude of quality and commitment to children and youth in the development of their academic activities. At the first activity, they have helped 11 students from different Basic levels.