El Salvador Awards Less Public Works

In the first quarter of 2009, contract awards for public works declined by 25% when compared to the same period in 2008.

Friday, April 17, 2009

According to the Salvadoran Construction Industry Chamber (CASALCO) in an article published in Elsalvador.com, of the total investment planned for the first quarter of the year, only 37% of the projects were awarded, a figure lower than last year when 63% of the work was awarded for the first three months of the year.

This decrease in public investment “has resulted in a loss of 22% of the jobs in this sector just in January."

The article in Elsalvador.com contained statements by CASALCO directors and the Association of Engineers and Architects (ASIA) on the various factors contributing to the decrease in the award of contracts.

More on this topic

Little Optimism for Construction Sector in El Salvador

June 2013

Projections for growth in 2013 are less than 1.4%, a figure which will not be reached if there is not a greater implementation of public and private works.

According to the Salvadoran Chamber of the Construction Industry (Casalco), one of the indicators which reveals the behavior of the sector "is the apparent cement consumption, which between April last year and the same month of 2013 went from 9.6 million to 9.0 million bags, registering a drop of 7%," noted an article in Elsalvador.com.

Construction Sector Demands Faster Permits

June 2011

The Salvadoran construction sector has proposed a way to revive the sector, creating a single desk for faster approval of building permits.

Mario Rivera, president of the Chamber of Construction (CASALCO) noted that in this way the current waiting time could be reduced from almost two years to ninety days.

One Third of Salvadoran Construction Firms Without Work

March 2009

The prospects of the construction sector for this year are a 4% decrease.

Ismael Nolasco, executive director of the Salvadoran Construction Industry Chamber (CASALCO) informed Elsalvador.com: "There are no closed businesses, but 30% of them just pay taxes and services and go to the office because there is no work; sector outlook for this year is that there will be a 4% decrease and this estimate translates into businesses closing."

$700 million for public investment in El Salvador

February 2009

Despite the electoral year and the economic crisis, public investment projects will continue, indicated Eduardo Ayala Grimaldi, technical secretary of the presidency.

According to Elsalvador.com: "About $700 million is budgeted for investment. Part of the monies had been set aside in the last budget and passed on to the one for 2009, not because the works did not start, but because they were tendered at the end of the year," Ayala Grimaldi said as a justification for the public construction projects that were outstanding from last year."

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