Construction Boost in Honduras

Investment of more than $2 billion in real estate and infrastructure projects in the next two years is estimated.

Monday, April 28, 2014

Projects undertaken by public-private partnerships and renewable energy are what will drive growth in the construction sector in the short term, projects William Hall, president of the Honduran Chamber of the Construction Industry.

"I believe that the construction industry is reexperiencing a major boost. In many parts of the country there are small construction works on dams for energy and we have a lot of public-private partnerships projects which will soon be developed, such as the logistics corridors and Ruta Lenca. Furthermore, the National Port Authority will be developing projects with investment never before seen in the country, and which will really encourage the industry."

"We hope that the Government will give the greatest number of public-private projects to domestic firms, and that they are able to see the strengths that these have. I believe that projects such as the construction of the tourist corridor, the concession of the logistics corridor, and investment in infrastructure needed in several cities will be led by Honduran companies. In the renewable energy projects there is a mixture because demand for funding is very high, beyond the capacity of domestic companies," said Hall to Laprensa.hn.



More on this topic

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The National Assembly of Panama approved in first debate the bill establishing the Public-Private Partnership Regime.

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