Guatemala: $541 Million in Unused Loans

As of May 31st, the government has yet to invest 76% of the funds it obtained through loans.

Monday, June 22, 2009

Public ministries such as Public Health and Social Assistance (Mspas), which have $50 million allocated to them for the construction of three hospitals, have used only 2%.

Reporter Leonel Díaz Zeceña wrote about the construction of the hospitals in Prensa Libre’s website, adding: “The loans for the construction of these hospitals were authorized by the Inter-American Development Bank a year ago, and the state has already paid US$28,456 (Q231,000) in interest payments.”

More on this topic

How to Slice Up a $13 Billion Cake

September 2011

Odebrecht from Brazil and FCC from Spain are the main guests at the table serving billionaire contracts that attract companies from around the world.

The Brazilian company Norberto Odebrecht consortium with the Spanish FCC have been awarded projects such as the Metro in Panama for $1,452 million.

Public-Private Partnerships Bill Approved in El Salvador

May 2013

Salvadoran Congress has passed a law that will allow public institutions to form partnerships with private companies for infrastructure and public services projects.

From a press release issued by the Legislative Assembly of El Salvador:

In order to establish the regulatory framework for the development of projects for the provision of infrastructure and public services of general interest effectively and efficiently, the Legislative Assembly in Plenary approved with 84 votes in favor, the "Special Law on Public Private Partnerships"(PPP).

Honduras to Invest $ 15 Million in Agriculture

January 2011

The National Sustainable Development Program will allocate the resources to irrigation systems, business plans and food security.

Mario Pineda, Director of Pronaders, said the departments of Olancho, El Paraiso, Colon and Gracias a Dios will receive $ 5.3 million for business plans.

Panama: $20 Million Investments in Colon Free Zone

May 2010

Authorities from the Colon Free Zone (ZLC) met with potential investors to develop the Coco Solito sector.

This project comprises building new warehouses and parking lots.

Leopoldo Benedetti, ZLC CEO, told that “ZLC has been steadily growing for the past 10 months, and will continue growing within the city of Colón.

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