Guatemala: International Interest in Administrative Center

The tender for the construction of an Administrative Center of the State is attracting building consortia from around the world, some of which are already operating in the country.

Tuesday, June 2, 2015

The Spanish company Ortiz Construcciones y Proyectos, Odebrecht Investimentos e Participacoes, from Brazil, Inabensa Installations, from Span, Shikun & Binui Ltd., from Israel, and Consorcio CAE from Guatemala are construction companies with experience in works in Guatemalan territory, which have submitted documentation as expression of interest in bidding for the CAE.

An article on S21.com reports that two other companies are interested, "... who do not yet have a presence in the country, the Mexican Constructora y Edificadora GIA+A, S. A, and the Korean consortium Suizo Hansol Eme Co. Ltd.., (which in 1991 separated from Samsung Group) and the investment fund Plif Corporation, which is part of Credit Suisse credits. "

Hanging over this economically huge tender is the threat of insecurity created by the recent corruption scandals that has threatened the political stability of the country and the circumstances of the approaching end to the current administration of President Perez Molina.

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From a statement issued by the ANADIE:

Receipt of expressions of interest by parties interested in the process to prequalifiy as investors in the project "State Administrative Center (Spanish initials: CAE) in Guatemala City"

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