The Bukele administration plans to develop five infrastructure projects in El Salvador under the Public-Private Partnership model, which would require an investment of approximately $545 million.
The works of illumination of highways, the construction of a terminal of load and an administrative center, are some of the projects that the administration Bukele plans to tender and award in El Salvador, under the format of Public Private Partner.
In the four years that the law of associations between the State and private companies in El Salvador has been in effect, not a single infrastructure project has been able to materialize using this business scheme.
Although there are at least seven infrastructure projects that were initially proposed as being those with the highest priority and ideals to be developed under the public-private partnership scheme and with funding from Fomilenio II, none of them has managed to materialize.
Deficiencies in the regulatory framework, lack of political will and public capacity to plan and monitor partnerships are the reasons why this model of financing has not been used more fully in the country.
A report called Infrascope, prepared by The Economist Intelligence Unit and FOMIN at the World Bank outlines the reasons why the legal concept of partnerships between state agencies and private businesses is not thriving in Costa Rica.
Out of a portfolio of seven infrastructure projects estimated at $1.3 billion and which are essential to the economic development of Guatemala, only one is just beginning to see the light.
The project to build the State Administrative Center, estimated at $200 million, is the only one that has started to be implemented since the National Agency for Partnerships for Economic Infrastructure Development (ANADIE) was created in 2013.
Based on well-formulated laws and proper management, these agreements generate efficiency in the financing and implementation of projects.
Public -private partnerships have become a very attractive option for funding large infrastructure projects that are carried out in Panama, they generate more efficiency of funding and less bureaucratic delay in implementation.
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.