Bids Invited for Building Residences in Guatemalan Customs
Bidding invitations were published for building residential complexes in Valle Nuevo and San Cristobal customs offices.
Tuesday, September 1, 2009
Bids will be received by SAT, the Guatemalan Tax Authority, before November 4th.
The Chamber of Builders and the government are working together to achieve the funding necessary to reach the target of 10,000 new homes every year.
The developers Ingeniería Rec S.A. and Nova S.A. were the only companies to bid for the $25 million project.
Named "Condado La Villa" Condominum, it will be developed by company "Conceptos Urbanos" and located in the Guatemalan Capital.
36 new buildings will be built to relocate 537 families, in order to use those terrains for developing parking lots.
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