More than $ 25 Million for Military Bases in CA

The United States Army will build infrastructure in Central America valued between $ 25 and $ 100 million.

Wednesday, March 16, 2011

As detailed in tender terms, each project will cost no more than $ 5 million and may require from design to construction, performed primarily in Belize, Guatemala, Honduras, El Salvador, Nicaragua, Costa Rica and Panama, not ruling out construction in the Caribbean.

Among projects already approved we can find a fire prevention system at the Soto Cano base in Honduras. Other projects will be announced in the medium term.

Currently, the U.S. Army is waiting for applications from interested companies.

More on this topic

Chinese Developer Analyzes Projects in Honduras

May 2013

Chinese investors have announced the possibility of opening of an office for the study of infrastructure development projects in the country.

From a press release from the Presidency of the Government of Honduras:

Representatives of the China Harbour Engineering Company Ltd (CHEC), met on Monday evening with President Pepe Lobo, to whom they showed their appreciation for the warm invitation to explore infrastructure development projects in the country and who expressed their interest in a portfolio of projects that are listed in the country.

Guatemala Presents Macro Logistics Project

April 2012

In order to exploit the country's geographical location, a proposed plan looks to widen to four lanes those roads that connect borders and ports, at a cost of $1.6 billion.

A statement from the Presidency of Guatemala reads:

In order to increase the country’s competitiveness, the communications minister, Alejandro Sinibaldi, introduced on Tuesday a project to build a logistics center connecting ports and borders.

Honduras Announces $400 Million Infrastructure Investment

April 2011

The country's Public Works Secretariat has announced investment in projects such as the "agricultural corridor", the "central highway" and the "capital ring road".

Miguel Pastor, head of the Honduran public works authority, stated that between $300 and $400 million will go toward infrastructure projects, financed by loans from the Central American Bank for Economic Integration (CABEI) and the Inter-American Development Bank (IDB), though these are yet to be confirmed.

Infrastructure: Latin America’s Major Need

April 2010

Over the next 10 years Latin America should invest 4% of its Gross Domestic Product in infrastructure.

Norman Anderson, president of CG/LA, the consulting company behind the Latin American Leadership Forum, remarked that investing in “good projects” is crucial for Latin America to have a greater weight in the global economy.

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