Passport Issuance and Property Registration to Be Privatized

Using trusts the Government of Honduras will transfer into private hands the financing and operation of the system for passport issuance and property registration.

Wednesday, January 15, 2014

Authorization has been given to the execution of a trust agreement to run the studies required for the structuring, financing, development and operation of the Project entitled "Modernization, Improvement, Management and Operation of the Immigration System and Passport Issuance in Honduras."

In addition a decree has also been approved which authorizes Coalianza and the Property Institute (IP by its initials in Spanish) to sign a trust agreement for the management of the project System for Property Management of the Republic of Honduras.



More on this topic

Honduras Buys Migration Control System

February 2015

An international call has been announced for the development and implementation of an immigration system and the issuance of passports, an event which will take place in March.

From a statement issued by the Commission for the Promotion of Public Private Partnership (COALIANZA):

More Trusts for Roadworks

December 2013

In Honduras the Continental Bank is to manage a trust fund of $270 million for the construction and maintenance of roads.

This was announced by José Antonio Pineda of the Commission for the Promotion of Public Private Partnerships (Coalianza). He explained that five banks were involved in the process but Continental was the only one to bid.

Honduras Privatizes Vehicle Registration

February 2013

The Commission for the Promotion of Public-Private Partnership intends to privatize the registration of more than 750,000 vehicles through a trust in a private bank.

"This was established by representatives of the Commission for the Promotion of Public-Private Partnerships (COALIANZA) after seeing the content of a draft decree aimed at removing the responsibility of vehicle registration from the Revenue Office (DEI)," noted an article in Elheraldo.hn.

Trust Approved for Puerto Cortes

April 2012

The Honduran Council of Ministers has approved a draft decree relating to a trust agreement for the structuring, development and financing of the operation of the bulk cargo terminal at Puerto Cortes.

From a press release by the Presidency of Honduras:

The Council of Ministers, of the government of President Porfirio Lobo Sosa , approved the draft decree on Tuesday relating to a trust agreement for the structuring, development and financing of the operation of a bulk cargo terminal at Puerto Cortes, at the request of the National Commission for the Promotion of Public-Private Partnerships (COALIANZA).

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