"In some cases the work wasn't up to standard, in others it was way behind schedule. In some cases, work hadn't even begun," said Byron Pivaral, the deputy director of Covial

Source: prensalibre.com

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Costa Rica: Companies Benefitting From State Inefficiency

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The National Highway Council will be extending for 12 months road maintenance contracts worth $151 million because of the inability to carry out new tenders.

It is the second consecutive time that the National Roads Authority (COSEVI) has requested authorization from the Comptroller General of the Republic to extend for 12 months highway maintenance contracts.

Panama: Public Registry Grows With Economy

October 2013

Construction, real estate and rentals are the main sectors generating registrations and other paperwork that have raised $40 million in revenue for the Public Registry.

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Panama: $3 Million Contract for Odebrecht

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Fuel imports put IMF targets out of reach for Honduras

June 2008

Honduras will be unable to meet targets set by the International Monetary Fund as a result of a soaring bill for fuel imports, finance Secretary Rebeca Santos said.

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