The construction and services sectors continue to drive formal employment, which in July 2015 recorded an annual increase of 9%.
The construction and services sectors, particularly the financial sector, are leading the creation of new jobs in the country. In the construction sector alone inter annual growth up to July was 24%, while the financial sector generated 1061 new jobs in the same period, according to the Central Bank of Nicaragua.
TreviGroup will be visiting the country to meet with business leaders and government officials to evaluate business opportunities in the project of the Grand Canal and other construction areas.
TreviGroup construction company will meet with representatives of the Superior Council of Private Enterprise (COSEP); the Nicaraguan Chamber of Construction (CNC) and government officials in order to find out about and evaluate participating in the construction of the Grand Canal and other construction opportunities in the country.
The consortium formed by the Nicaraguan Llansa Ingenieros, NAP Ingenieros y Nicaragua Ingenieros S.A has been subcontracted by HKND for preliminary works.
Elnuevodiario.com.ni reports that "...The works which began on December 22 consist of the construction of five temporary access roads, improving two existing access roads near port Brito and the West Lock proposed for the Canal, the clearing of a strip of 50 meters along the center line of the proposed route for the Canal and auxiliary facilities. "
Nicaraguan businesses are complaining that HKND may have begun to invite construction companies to participate in tenders to execute various works, and that after receiving the offers, the company declared them void.
There is specific mention of a tender for the construction of a service road parallel to the Canal route.
Unions and employers are negotiating an adjustment in salaries and a revision in the prices of the different types of jobs performed by workers.
Businesses are demanding adjustments are accompanied by higher labor productivity and are concerned about the growing number of construction companies that are moving into informality, however, they are confident that the agreements will be made as expeditiously as in the past three. This time they are also seeking to revise and update prices established for each of the construction activities.
Business leaders will form part of the technical committee of advisers to the Grand Canal Megaproject in Nicaragua.
Joseph Adam Aguerri, president of the Superior Council of Private Enterprise (Cosep) and Benjamin Lanzas, chief of the Nicaraguan Chamber of Construction were chosen by the board of Cosep as their representatives to the committee.
There is a need for monitoring compliance with building regulations, the use of suitable materials and suitable labor, and carrying out soil studies in advance.
Laprensa.com.ni reports that "less than 25% of the artisanal, semi-industrial and industrial blocks sold in Managua meet current building standards in the country. While steel only responded satisfactorily to one of the tests required by good construction practices. "
State run water company ENACAL was denounced for allegedly evading bidding processes, leaving them up to the discretion of the institution's chief executive.
The guidelines for the special procurement regime, resolution 147-12 PE was published in the Official newspaper La Gaceta, on December 4, 2012, which according to the president of the Superior Council of Private Enterprise, Joseph Adam Aguerri, goes against the provisions of paragraph six, Article 3 and paragraph 5, Article 5 of Law 737 which regulates Administrative Contracting in the Public Sector.
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