Honduras Seeks Funding for Hydroelectric

The Honduran Government needs $110 million in financing for construction of El Tablón dam on the Chamelecón River.

Friday, April 24, 2009

While the dam would generate only 20 megawatts, the authorities of the Executive Committee of Valle de Sula (CEVS) visualize the project as a "magnificent protection project for the Valle de Sula," given that "it will serve to regulate flow, generate electricity and provide drinking and irrigation water."

The Laprensahn.com website published: "The director of CEVS, Mark Sandoval, reported that the Minister of Natural Resources and the Environment, Tomás Vaquero, is the one delegated by the President, along with other entities, to manage the budget for the implementation of the macro-project. 'It seems that there is already progress with Kuwait,' Sandoval reported."

More on this topic

Nicaragua: The Impact of the "Nica Act"

October 2016

Less investment, depletion of international reserves and contraction of public spending, in the opinion of Funides, are some of the effects that might be felt if the US Senate approves the bill.

The Nicaraguan Foundation for Economic and Social Development (Funides) has analyzed the potential impact of a possible US approval of the bill known as the "Nica Act", which aims to place conditions on the granting of loans by international institutions to the Ortega administration.

Guatemala: Poor Implementation of External Loans for Public Works

October 2016

Up until September government institutions had only executed 13% of the total amount of funding provided by the Inter-American Development Bank.

Although changes were made in the legislation to accelerate the implementation of funds in various state entities, there are still obstacles to streamlining processes.

Lack of Funding for Solar Energy in Honduras

October 2014

27 plants solar projects have been approved by the government, of which only four are under construction and the remaining 23 are in the fundraising stage.

It is estimated that the investment required for the development of the approved projects is between $1.644 and $1.827 billion, which why the companies behind the 23 projects have not yet started seeking financing in the international market.

$100 million Hospital Construction Project

October 2014

The government of Costa Rica said it plans to build a new hospital for the elderly and is looking at alternatives for funding from abroad.

The project aims to construct a new geriatric hospital adjacent to the Immigration and Nationality Department in Uruca in San José, in order to meet demand from the growing elderly population in the country.

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