The execution of five energy and infrastructure projects in Southern Mexico and the Northern Triangle of Central America could boost the area's economic growth and slow migration.
The projects discussed now are not new, they have been part of the discussion of the region's businessmen and governments for years, but now they have come back into the discussion, as a possible response to the pressure exerted by the U.S.
For the IDB, investment in infrastructure is the most important priority when increasing the probability of improving productivity and reaching higher per capita income levels in the countries of the region.
The Inter-American Development Bank (IDB) published its report "Building Opportunities for Growth in a Challenging World," in which it addresses the benefits of infrastructure investment and its influence on productivity growth in the countries of the region.
In the first nine months of 2018, 100 environmental impact studies were submitted for projects for the construction of new educational centers, expansions and remodeling of schools.
The interactive system "Construction in Central America", compiled by the Business Intelligence Unit at CentralAmericaData, includes an up to date list of public and private construction projects that present environmental impact studies (EIAs) to the respective institutions in each country.
In the first six months of the year, government entities from the countries of the region submitted 73 environmental impact studies for the construction of different public infrastructure projects.
The interactive platform "Construction in Central America", from the Trade Intelligence Area of CentralAmericaData, provides the updated list of public and private construction projects that present the environmental impact studies (EIA) to the respective institutions of each country.
An electrical transmission line in Panama, the expansion of an aqueduct in Costa Rica and a medical center in Guatemala are some of the projects planned for the coming months in the region.
The interactive system "Construction in Central America", compiled by the Business Intelligence Unit at CentralAmericaData, includes an up to date list of public and private construction projects that are planned to be built in the region.
When public resources are very limited, as it happens in Central American countries, association schemes between the State and the private sector become essential for developing the infrastructure that the region so badly needs.
A report from the Secretariat of Economic Integration (Sieca) states that "...In Central America, growing fiscal constraints faced by the countriespublic sectors make it increasingly difficult to achieve efforts for long-term infrastructure projects.In this context, Public-Private Partnerships (PPP) become relevant as an alternative measure of financing where private participation sector is facilitated in partnership with the government, with the aim of improving quality of services, reducing operating costs and capital, generating additional income, improving public management and minimizing budget spending.
In August 2017, 36 environmental impact studies were submitted in the centralamerican countries to build sewer systems, roads and government offices, among other things.
Data from the interactive platform "Construction in Central America", compiled by the Business Intelligence Unit at CentralAmericaData:
A water treatment system in Panama, office buildings in Costa Rica and a university building in Guatemala are some of the projects that are expected to be developed in the coming months in the region.
The interactive platform "Construction in Central America", compiled by the Business Intelligence Unit at CentralAmericaData, includes an up to date list of public and private construction projects for which environmental impact studies (EIA) were submitted to the respective institutions of each country in August 2017.
Apartment towers in Costa Rica and Panama, and oil well drilling and related works in Guatemala, are some of the construction projects planned for the coming months in the region.
CentralAmericaData's information system "Construction Projects in Central America", compiled by the Business Intelligence Unit, provides an up to date list of public and private construction projects for which environmental impact assessments (EIAs) were submitted to the respective institutions in each country in March 2017.
The Honduran company TECNISA- CINSA was selected in the tender to oversee the project design and construction of the Civic Government Center.
From a statement issued by from Coalianza:
The Honduran company TECNISA- CINSA is the winning company in the international public tender for the work of project management of the Project for the Design, Financing, Construction, Equipment and Operation of the Civic Government Center (GCC), which will take the form of Public Private Partnership (PPP).
Excessive government guarantees and errors in the tender processes are two of the "Seven Deadly Sins of Deficient Public-Private Partnerships" says the World Bank.
A report from the institution highlights the main mistakes made in the process of building partnerships between governments and private companies for financing and developing productive infrastructure.
A publication by the CAF reviews the development of five projects implemented using the public-private partnership model for infrastructure investment in Latin America.
From the Presentation document by the Development Bank of Latin America (CAF):
In recent decades, many Latin American countries have launched public-private partnership projects for the construction, maintenance and operation of public infrastructure.
The South Korean company says it will be investing $300 million in public infrastructure, including works on electrification, renewable energy projects and hospital infrastructure.
For the construction of a hospital in Choluteca the multinational Samsung plans to invest $35 million, while for the electrification in rural areas and renewable energy projects it has estimated it will spend $40 million and $45 million respectively.
The Hernandez administration has announced plans for this year in 2015 of the construction and maintenance of several arterial roads throughout the country and the construction of a dam at Tablon.
From a statement issued by the Government of Honduras:
As part of the launch of "Project 21st Century" to develop San Pedro Sula, President Juan Orlando Hernandez reported that road infrastructure works will be implemented, as never before in the whole country in 2015.
President Hernandez announced that they will build in the department of Choluteca a new airport terminal and other public infrastructure works.
From a statement issued by the Government of the Republic of Honduras:
President Juan Orlando Hernández held a discussion with members of the Chamber of Commerce and Industry for the South to promote new projects which the government plans to develop in the south.