Costa Rica: Regulation of Public-Private Partnerships

The new regulations govern how the private sector can participate in the construction of public infrastructure in the country.

Thursday, December 15, 2016

From a statement issued by the Panamanian Chamber of Construction:

For the first time Costa Rica has a regulation on the public-private partnerships scheme, which aims to strengthen partnerships between these two sectors, to promote public works and services, having direct impact on economic recovery, job creation and also to create conditions to continue deal with the back log in infrastructure. 
 
The Government today expressed this desire by signing Decree No. 39965-H-MP called "Regulation for public-private partnership contracts". Together with several public institutions, and the support of the Costa Rican Chamber of Construction, which provided its technical expertise and business experience, the decree incorporates institutional guidelines and the use of these figures.



More on this topic

El Salvador: Infrastructure and Public-Private Partnerships

February 2016

The government has announced it will create an institution that is dedicated to facilitating the management of infrastructure projects carried out under the public-private partnership format.

We will have to wait and see how useful it will be to have a state institution dedicated to carrying out the most essential coastal infrastructure projects.

Public-Private Partnerships Moving Slowly

August 2015

Out of a portfolio of seven infrastructure projects estimated at $1.3 billion and which are essential to the economic development of Guatemala, only one is just beginning to see the light.

The project to build the State Administrative Center, estimated at $200 million, is the only one that has started to be implemented since the National Agency for Partnerships for Economic Infrastructure Development (ANADIE) was created in 2013. However, the project, which is just at the stage of pre-qualification of companies, has encountered several obstacles that have delayed the process of making the award and starting the works.

Public-Private Partnerships: Successes and Failures

August 2015

A publication by the CAF reviews the development of five projects implemented using the public-private partnership model for infrastructure investment in Latin America.

From the Presentation document by the Development Bank of Latin America (CAF):

In recent decades, many Latin American countries have launched public-private partnership projects for the construction, maintenance and operation of public infrastructure.

Guatemala: Implementation of Public-Private Partnerships Delayed

October 2011

The Ministry of Finance said that the draft Law on Partnerships for Economic Development and Infrastructure must wait one to two years.

That is the time it will take to create an agency responsible for evaluating the projects, said the Minster of Finance, Rolando del Cid Pinillos.

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