Anxiety in Nicaragua's construction sector
The Nicaragua Chamber of Construction is "anxious" about the possible passing of the Dignified Housing Law by the National Assembly.
Thursday, July 3, 2008
After returning from vacation in August, the deputies will be asked to approve two investment-sensitive laws: the Law of State Contracts and the Dignified Housing Law.
It is expected that its entry into force will accelerate the procedures for granting permits for construction projects.
Every year the demand for housing in Nicaragua grows by 15,000 families, but only 10,000 new housing solutions are built.
Construction industry representatives have asked the government to raise the ceiling applied to subsidies for the purchase of social housing.
The president of the Salvadoran Assembly has presented an outline for the the new Legislative Assembly building project.
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