The international tender for lighting and video surveillance of 143 kilometers of road sections in El Salvador began, a contract that will be executed through a Public-Private Partnership.
Companies interested in applying for the project will have four months to submit their technical and financial proposal. After an evaluation process, the contract of the winning company must be approved by the Legislative Assembly.
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.
Guatemala, El Salvador and Costa Rica are the countries in the region with the best conditions to develop Public-Private Partnerships, followed by Honduras, Nicaragua and Panama.
The 2019 Infrascope index, which evaluates 23 indicators and 78 qualitative and quantitative sub-indicators in Public-Private Partnerships (PPP) in Latin America, is prepared by The Economist Intelligence Unit and has the financial backing of the Inter-American Development Bank (IDB).
Infrastructure such as roads, ports and airports and utilities can now receive private investment.
The law was prepared by the Executive in conjunction with the private sector, represented by the Superior Council of Private Enterprise (COSEP).
Elnuevodiario.com.ni reports that "...The deputy in the Sandinista party Jose Figueroa, a member of the Commission of Economy and Budget, said that this law will allow private investors to be able to receive compensation for their investments, which can be kind of tax incentive."
Businessmen are working to gain the passage of the law on Public Private Partnership during 2014.
Jose Adam Aguerri, president of the Superior Council of Private Enterprise (Cosep) said they are currently working on a process that will allow the adoption of the Law on Public-Private Partnerships that respond to the needs of the country's infrastructure.