Guatemala: International Interest in Administrative Center

The tender for the construction of an Administrative Center of the State is attracting building consortia from around the world, some of which are already operating in the country.

Tuesday, June 2, 2015

The Spanish company Ortiz Construcciones y Proyectos, Odebrecht Investimentos e Participacoes, from Brazil, Inabensa Installations, from Span, Shikun & Binui Ltd., from Israel, and Consorcio CAE from Guatemala are construction companies with experience in works in Guatemalan territory, which have submitted documentation as expression of interest in bidding for the CAE.

An article on S21.com reports that two other companies are interested, "... who do not yet have a presence in the country, the Mexican Constructora y Edificadora GIA+A, S. A, and the Korean consortium Suizo Hansol Eme Co. Ltd.., (which in 1991 separated from Samsung Group) and the investment fund Plif Corporation, which is part of Credit Suisse credits. "

Hanging over this economically huge tender is the threat of insecurity created by the recent corruption scandals that has threatened the political stability of the country and the circumstances of the approaching end to the current administration of President Perez Molina.

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More on this topic

Former President of Odebrecht Convicted

March 2016

The court ruling that imposed a 19 year prison sentence has forced a review of the projects being managed by the company in the region, where two projects which are underway in Panama alone, total $2.4 billion.

On March 8th the Brazilian justice system condemned Marcelo Odebrecht, former CEO of the largest Brazilian construction company, Odebrecht, to 19 years and 4 months in prison and to pay a fine of $35 million along with executives from the group for the payment of about $65 million in bribes to officials in the case of corruption in the state run oil company Petrobras, reported La Prensa. The ruling mentioned fraud in tenders, where bribes were also paid for the award of the works.

Guatemala: $200 million Project Delayed

September 2015

Although six companies have already pre-qualified, it has been announced that the tender to build the Administrative Center of the State of Guatemala could be postponed until at least March 2016.

Julio Héctor Estrada, executive director of the Agency for Partnerships for Economic Infrastructure Development, explained that "...

Guatemala: Pre-qualified companies for State Administrative Center

July 2015

Six companies will be able to present bids to build the complex of government offices for $200 million, including the much questioned Brazilian company Odebrecht.

The remaining five shortlisted firms are the Spanish group Ortiz Construcción y Proyectos Guatemala, Instalaciones Inabensa Spain, Consorcio CAE Guatemala, Gia Constructora and Edificadora y SBI International Holdings.

Guatemala: Tender for State Administrative Center

May 2015

Seven companies have submitted proposals to prequalify in the process to develop, under the model of Public Private Partnership, a State Administrative Center.

From a statement issued by the ANADIE:

Receipt of expressions of interest by parties interested in the process to prequalifiy as investors in the project "State Administrative Center (Spanish initials: CAE) in Guatemala City"

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