The Instituto Costarricense de Electricidad (Costa Rican Electricity Institute) is bidding for the financial leasing of computer equipment, on a delivery on demand basis for a period of six years.
Costa Rican Government Purchase 2021LA-000006-0000400001:
"ICE will contract the financial leasing of computer equipment through the leasing modality, the deliveries of computer equipment will be made only during the first two years of the contract and will be valid for 48 months (4 years) counted from the moment of delivery to satisfaction by ICE.
Currently, financial leasing operations in Guatemala amount to $1,290 million, but with the approval of the new legal framework the portfolio could increase in the medium term between $1,677 million and $1,935 million.
With 101 votes in favor, the Plenary of the Congress of the Republic approved Decree 2-2021, Leasing Law, which regulates leasing with purchase option in the Guatemalan legislation.
The Congress approved by articles and final wording the Leasing Law, a legal framework that establishes mechanisms for people to lease with option to purchase.
With 101 votes in favor, the Plenary of the Congress of the Republic approved Decree 2-2021, Leasing Law, which regulates leasing with option to purchase in the Guatemalan legislation, informed the legislative body.
A bill was presented to the National Assembly to regulate the leasing of real estate, so that the client who rents a property has the option to buy it.
In order to regulate the financial leasing of real estate known as real estate leasing or housing leasing, the Minister of Housing and Land Management (Miviot), Rogelio Paredes, was the official the Executive who presented the bill to the Assembly.
The initiatives of Competition, Leasing and the reforms to the General Law of Telecoms are some of the projects that the new administration of Giammattei plans to present to the Congress of Guatemala.
During his inaugural speech, the new president of Guatemala gave the first guidelines in the economic field, highlighting which projects should be streamlined in the Legislative.
President Cortizo announced the implementation of a plan that contemplates expanding the preferential interest rate for homes with prices of up to $180,000.
During his inauguration, Laurentino Cortizo announced that he will implement a plan to reactivate the construction industry, which includes the extension of the preferential interest in different ranges for housing up to $180,000, the presentation of a real estate leasing bill and exemption from transfer tax for the current inventory of housing, among other actions.
In Panama, the elected government will have among its main challenges to facilitate the necessary conditions for the reactivation of construction in the country, which has reported negative figures for the last two years.
Since the beginning of 2017 investments in construction in the country have decreased and the situation does not seem to improve. Data from the Office of the General Comptroller of the Republic detail that the performance of the construction sector in 2018 was negative, as the cost of new construction, additions and repairs totaled $1,311 million, a figure 39% lower than the $2,144 million reported in 2017.
In Guatemala, companies report to have lost several credit opportunities because the bill presented to Congress in 2015 has not yet been approved.
The bill that is being analyzed in Congress and is in third reading since May 2016, establishes the legal framework for entities such as banks and financial companies to include leasing in their product portfolios.
In Guatemala a proposal has been made to apply mechanisms such as leasing and securitization to facilitate house buying.
From articles published on Dca.gob.gt:
"With the goal of providing Guatemalans with access to a decent home, national and international experts in the development of housing and infrastructure tools this morning proposed housing leasing and securitization.During the event, a presentation was given on the functioning of housing leasing, a mechanism which would provided an opportunity for access to housing for those people who do not have a down payment to buy their first home."
About 50% of the 147,000 new vehicles sold between March 2016 and December 2017 were financed by banks and financial institutions, for close to $1 billion.
An analysis of the vehicle fleet in Costa Rica by the Business Intelligence Unit at CentralAmericaData reveals that placement of loans for vehicle purchases during the period between March 2016 and March this year amounted to $1.2355 billion.
A bill is being discussed in Congress which establishes a legal framework so that banks and financial institutions can include leasing in their product portfolios.
From a statement issued by the Congress of Guatemala:
Members of the Legislative Commission on Economy and Foreign Trade, chaired by Deputy Aristides Crespo Villegas, met today with the goal of favorably ruling on bill 4896, which includes providing legal certainty and regulating leasing activities in the country, known as the "Leasing Act".
The agricultural sector is demanding a law that grants tax benefits and allows the use of leasing of machinery and equipment to improve competitiveness.
Instead of buying equipment and financing it with a bank, the agriculture sector is calling for a law to be approved to regulate and encourage the use of leasing, as a way to improve productivity by renting equipment and not borrowing to acquire it.
A project by the Chamber of Construction proposes the creation of a residential lease that would allow home purchases without payment of a deposit.
"Currently the project is in the hands of the Ministry of Housing so that they can review and assess it and it is also being studied by a committee in the Chamber of Construction which includes the financial sector," noted an article in Elfinancierocr.com.
The Government of Guatemala is looking for a company to rent it 1018 bullet time, high definition and infrared cameras for installation in Zone 18 with the aim of preventing crime.
The competition advertised on Guatecompras, specifies that they are looking for a company to rent the cameras to the Ministry of Interior who want an option to purchase them.
Investment in leasing or lease-purchases totals $254 million and growing.
According to Mirella Juarez, president of the Association of Leasing Companies, the growth of the service is significant despite a lack of awareness in the country about the subject.
"Leasing consists of renting movable goods such as vehicles or immovable goods, such as homes, by a specialized company.