Panama: $2 Billion in Infrastructure

Public investment planned by the government for 2010 sums $2 billion.

Tuesday, July 28, 2009

Finance and Economics Minister Alberto Vallarino spoke about the projects: "... the metro, the governmental city, the expansion of the canal and cleaning up the bay. Among the new ones, the air transport authority will include in its budget the extension of David and Colón airports".

The Minister told Prensa.com: "There will also be funds for the first stage of the highway Divisa-LasTablas; the 4 lane road to Boquete, the new dry canal, the expansion of the David-Veraguas route and the stretch Santiago - La Mesa".

More on this topic

El Salvador Earmarks $770 million for Public Investment in 2012

March 2012

The government aims to implement 70% of the $1.1 billion budgeted for public investment.

The Government has budgeted $1.1 billion for public investment this year and hopes to implement at least 70% of that amount, said Guillermo Lopez Suarez, Special Coordinator for the monitoring and implementation of public investment and Minister of Agriculture.

Guatemala: Strategy to Increase Investment Unveiled

August 2010

The plan will enable the state to invest more resources in infrastructure, security, human capital and innovation.

The strategy presented by the Guatemala's "National Competitiveness Program" (Pronacom), suggests modifying the country's tax on income (ISR in Spanish) so that more individuals are eligible, as well as bring into force the so-called anti-evasion law (currently in congress).

Guatemala is Investing 15% Less in Infrastructure

August 2009

Due to low tax collection, the Government will postpone until May some road improvement projects.

Byron Paiz is the Communications, Infrastructure and Public Works vice minister of Guatemala. He stated that some projects, like the 4 lane expansion between Siquinalá, Escuintla and Cocales, which were scheduled for October, will be postponed until March 2010.

Salvadoran Government Targets "Local" Development

July 2009

The creation of the Territorial Development Secretary intends to change the country´s municipalities into "development agents".

Héctor Dada, Economy Minister, commented that the new secretary is analyzing studies by the National Development Commission, looking to identify which areas will be developed.

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