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The Central American Integration Bank approved the awarding and signing of contracts for various works, which together amount to $36.6 million.
The funds are part of the Debt Conversion Program of Honduras against Spain, which is administered by the Central American Bank for Economic Integration (CABEI), reported the multilateral organization.
In El Salvador, the contract for the financing, design, construction and operation of the San Oscar Arnulfo Romero y Galdámez International Airport Cargo Terminal is tendered under the Public-Private Partnership format.
The project contemplates two phases of development: Phase 1 consists of financing, design, expansion, construction, equipment, improvement of maintenance and operation of the existing Cargo Terminal.
Terminal 2, whose opening is scheduled for next year, promises to improve conditions at the Panamanian airport, making it competitive with other hubs in Latin America.
The new Terminal 2, which is 92% complete, will have capacity to serve aircraft in 20 contact doors and 8 remote locations, taxiways, parking platform and aircraft circulation, adding up to pavement surface measuring more than 250,000 square meters.
Through a syndicated loan led by Banco Atlántida, finance of $70 million will be raised for the design and construction of the international airport of Palmerola.
From a statement issued by from Coalianza:
For a total of US $69.5 million, the company Palmerola Internacional Airport SA de CV (PIA) signed with Banco Atlántida, as agent and structurer, a Syndicated Credit Contract for the Design, Construction, Financing, Operation and Maintenance of the International Airport of Palmerola.
In October the concessionaire Investments EMCO will start building the new terminal in Honduras, which will have an area of over 26,000 square meters, twice as long as originally planned.
After the announcement in June 2016 of the award of the concession contract to the Emco, the company announced that"... construction will start in October of Palmerola International Airport with some different characteristics to those offered at the beginning."
The Commission for the Promotion of Public-Private Partnerships in Honduras is putting out to tender the project management of concession works at the International Airport of Palmerola, in Honduras.
"The Commission for the Promotion of Public-Private Partnerships (COALIANZA) is calling on national and international consulting firms individually or in a consortium to participate in an International Public Tender for the review of the technical dossier and supervision of works of the concession of the International Airport at Palmerola in the Republic of Honduras. "
Works at the airport, works on riverbeds and construction of sports infrastructure are some of the projects which were awarded to private companies in May 2016.
The report "Construction Projects in Central America", prepared by the Business Intelligence unit at CentralAmericaData.com contains a detailed list of major construction projects awarded by Central American governments.
Schools, renovation of high rise residential buildings and airport infrastructure are some of the construction projects for which contracts were awarded in Central America in April 2016.
The report "Construction Projects in Central America", prepared by the Business Intelligence unit at CentralAmericaData.com contains a detailed list of major construction projects taking place in Central America.
The approval of the contract by the Congress of Honduras authorizes the State to co-fund with $76 million the project awarded to Inversiones EMCO.
From a statement issued by the National Congress of Honduras:
The National Congress approved in a session on Tuesday, in a second debate, the contract for the construction of Palmerola international airport and the new Law on Decentralization of the State of Honduras.
In this regard, approval was given on a second reading, of the the draft decree sent by the Executive Branch, which contains the concession contract for the project "Design, Construction, Financing, Operation and Maintenance of Palmerola international airport of the Republic of Honduras. The approximate cost of the project is 163 million dollars and the contract for the design, construction, financing, operation and maintenance of the International Airport in Palmerola, which was signed on March 31, has a concession period of 30 years.
A contract has been signed for the start of works on the International Airport in Palmerola, Comayagua, so that operations can start in 2018.
Following the signing of the official contract, construction of the new International Airport in Palmerola, in the department of Comayagua, will begin in May, for operations to start in 2018. This was announced by the Spanish concessionaire EMCO Corporation.
Local businessmen have announced that there are already studies on a plot of land measuring 2,500 m2 to build an international terminal in the northern Honduran Caribbean.
The private organization known as Oficina de Proyecto e Inversiones (IPO) plans to build an international airport in the city of Trujillo, capital of Colón, in the northern Honduran Caribbean.
As a gateway to 90 destinations in America and Europe, and soon Asia, Panama International Airport is venturing into the high value air cargo business.
The development of the logistics area at Tocumen International Airport will bring opportunities for infrastructure development in terms of roads, land leveling and construction and fitting of galleys and sheds.
The operator of Munich airport has announced it is participating in the tender for the construction of the airport in Palmerola, in partnership with the Honduran company Emco.
The Honduran president and ministers, visiting Germany, confirmed that the German company has already presented its proposal in the tender for the construction and operation of the new Palmerola airport, in Comayagua.
Among the projects announced by the government is the construction of the so-called Logistics Corridor, which will have four lanes and will link Puerto Cortés with the border post of El Amatillo.
According to the Hernández administration, this project has already started and will require an investment of at least $500 million, funds that "... the government has negotiated with Brazil and Mexico." The road will go through San Pedro Sula and Comayagua, finishing at El Amatillo.