The lack of state resources to pay contractors means public works remain paralyzed.
In addition to this the private sector continues to struggle with less houses being built in recent months.
"The Monthly Index of Construction Activity (Imacon) for May reveals that the sector recorded a drop from 81.4 to 64.2, its lowest level since March 2002, according to the Guatemalan Chamber of Construction (CGC)," reports Elperiodico.com.gt.
Constructora Celaque is a leader when it comes to construction of civil projects and mining in Honduras with more than 15 years of experience.
Operates in Honduras and Honduras
Phone: (504) 2239 6794 - (504) 9905 7845
Caribbean-Central American Action (CCAA) is a private, independent organization that promotes private sector-led economic development in the Caribbean Basin and throughout the Hemisphere.
Operates in Panama, Nicaragua, Honduras, Guatemala, El Salvador, Costa Rica and Caribbean Community
Phone: (202) 331-9467