El Salvador: Bid for Constructing 2.200 Homes

By the end of September and the start of October, there will be three bidding processes for the construction of 2.200 units of social housing.

Wednesday, August 12, 2009

Bidding for the first 500 unit housing project, to be located in San Miguel, will be done in the second half of September. In October, the process will start for the other two projects, one for 1.500 residences in San Martín, and the other for 300 homes in "Polígono Don Bosco".

Marco Antonio Fontín is the president of the National Fund for Social Housing, also known as Fonavipo. He explained some details of the process to newspaper ElSalvador.com: "Urban development could start in November, while construction of the houses would begin in January. ... There will be ten companies working, not one, as we are going to distribute packages of 50 homes to each company, so construction length could be reduced to four months".

More on this topic

El Salvador Bids $ 23 Million in Construction

November 2010

The National Housing Fund will start in the coming days the bidding process for 3 condominium projects.

From Friday 26th to Monday 29th the bidding will begin on a 1,068 residential apartment project in Santa Lucia and one of 416 units in Procavi. The first is valued at $ 16 million and the second at $ 7 million.

El Salvador: $ 140 Million for Housing

November 2010

BCIE and IDB funds will finance the "Casa para Todos" (Housing for Everyone) program.

The $ 70 million Inter-American Development Bank loan will go to build 6.373 homes for low-income families, of which 2.000 would be ready by March 2011.

The credit of the Central American Bank for Economic Integration (BCIE), of also $ 70 million, "will be implemented by the National Housing Fund (FONAVIPO), which will bid the affordable housing projects to developers," Elsalvador.com reported.

El Salvador Invites Bids for Building 390 Homes

October 2009

The National Housing Fund began the bidding process, earmarking $3 million for it.

12 municipalities will be benefited with the project, which is part of the program "Housing for Everyone" (Casa para Todos).

Elsalvador.com reports: "Each house will be built with cinder block walls, fiber cement board roof and lattice windows ...

Bids Invited For Housing Project in El Salvador

September 2009

The Housing Fund ('Fondo de Vivienda'), invited bids for the construction of 503 social housing units in project 'Nuevo Belén'.

Marco Fortín, president of FONAVIPO, the National Social Housing Fund, explained they will receive bids through the month of October, with the winner being announced 15 days later.

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