While pressure grows in Guatemala for the contract with APM Terminals to be annulled, the US company American Ports has expressed interest in operating the port.
Following opposition on the part of Congress to the possibility of approving a bill put forward by the executive branch proposing the granting of a direct concession to APM Terminals, now the Comptroller General of Accounts (CGC) has recommended declaring the contract void and starting a new process.
Actions have been announced by the Comptroller General's Office to declare the contract signed in July 2012 with the Spanish International Container Terminal Quetzal as detrimental.
An article on Lahora.gt reports that "... the Comptroller General of Accounts, Carlos Mencos, confirmed to La Hora that no later than next week, a group of lawyers from the company submitted to the Attorney General's Office, the documentation needed to declare the usufruct contract between the Spanish company Container Terminal Quetzal (TCQ) and EPQ, signed in July 2012 as harmful.
The New State Purchases Law would increase the limit in direct purchases from $3,700 to $9,300
Additionally, the Comptroller General of Accounts is proposing that the direct purchase process should be done with a bidding stage. Carlos Menco, head of the Comptroller's Office, told the Periódico of Guatemala that "the proposal is for a bid to be published on the website for such acquisitions, but the competition should not go through the same terms as a tender."
The law firm Alvarenga & Mirón is created to respond to the necessities of the global legal market that requires legal advise, notarial and litigation services in general of the highest quality.
Operates in El Salvador
Phone: (503) 2223 6904 - (503) 2224 3846
Barrantes & Associates is a full service Costa Rica Law firm located in San Jose Costa Rica. We have been in business since 1999.
All our Attorneys are English speaking.
Operates in Costa Rica and Panama
Phone: (506 ) 2256 3807 - (506 ) 8339 1622
A General Practice law firm which specializes in Business and Commercial Law as well as Foreign Investment in Costa Rica. Our firm originally established in 1940, currently operates offices in San José and Guanacaste
Operates in Costa Rica
Phone: (506) 2258 2525
Attorneys Lombardi Aguilar Group advised a group of European investors filing a notice of compliance with private investment fund provisions before Panama securities regulators.
At LEXINCORP we specialize in providing legal advisory services to large and medium sized corporations operating in Central America.
Operates in Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua
Phone: (503) 2250 7800
San Miguel Industrial Park is the only park that owns a construction and consulting company. We offer the Free Zone location with the perfect building to suit your manufacturing needs. Our flexible layouts allow an easy future growth. Because of this fact we can offer exactly what our clients need at a very competitive price. Clients can own a building or they can enter a lease agreement. Because of this flexibility many world known companies have chosen to work with us. We are licensed to build in Honduras providing the best free zone laws in the industry maximizing profitability.
Operates in Honduras and Honduras
Phone: (504) 2556-7373 - (504) 94510322
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