Honduras: Urgent Need to Resume Social Housing Projects

Of 21 social housing projects only eight have been approved with the remaining 13 due to begin the tender process by the end of the year.

Tuesday, August 10, 2010

The Honduran Construction Industry Chamber (CHICO) indicated that there is a need to make changes to the public works department's (Soptravi) bid process in order to make it simpler.

Alejandro Álvarez, president of CHICO, told Elheraldo.hn that, "we have asked the government to speed up the tenders and housing contracts that the construction sector needs in order to generate employment and encourage development".

More on this topic

Honduras: No Construction Without Guarantee of Payment

June 2013

Builders in Honduras are demanding a guarantee of payment or a deposit before starting the works agreed in the contracts signed with Fondo Vial and Soptravii.

Alejandro Alvarez, president of the Honduran Chamber of the Construction Industry (Chico), said that "due to the bad experiences in 2012 (the builders) have signed some contracts but do not want to start work".

Boost to Popular Housing Construction

January 2012

A joint housing project between a bank and the Chamber of Construction will be carried out in Tegucigalpa, Honduras.

The president of the National Agricultural Development Bank (Banadesa), Johnny Handal, and vice president of the Honduran Chamber of Construction Industry (Chico), Oscar Calona signed off on a program for building popular housing.

Housing Industry Wants to Consolidate Recovery

January 2012

In 2011, house sales in El Salvador grew by 4%, and the industry is planning new campaigns to encourage home ownership.

Strengthening the housing market is a key item for the construction industry to consolidate the economic recovery of 4% recorded in 2011, noted the Salvadoran Chamber of Construction (CASALCO).

$211 million for construction in Honduras

January 2009

The Central Bank announced the availability of the funds to finance the construction of homes.

Latribuna.hn reports: "The president of the Honduras Chamber of the Construction Industry (CHICO), William Hall, announced that the Government will build more than 10,000 years this year with the financial aid.

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