After the Guatemalan Congress voted against the bill granting the concession to rehabilitate and operate the Escuintla-Puerto Quetzal highway, the winning company asks to return the process to third reading, but some deputies refuse.
For the Guatemalan business sector, the decision by Congress to vote against the bill granting the concession to rehabilitate and operate the Escuintla-Puerto Quetzal highway "sends a negative message to potential investors."
The first positions emerge after learning that the Congress of the Republic buried the road project to rehabilitate and administer the highway Escuintla-Puerto Quetzal with toll collection, which would be granted in concession to the Consorcio Autopistas de Guatemala, under the format of Public-Private Partnership.
The Guatemalan Congress voted against the bill that granted a private company the concession to rehabilitate and operate the Escuintla-Puerto Quetzal Highway, which will require the presentation of a new bill to revive the road project.
After passing the three debates in the National Assembly, President Cortizo sanctioned the law creating the Public-Private Association regime in Panama.
According to the Law that came into the hands of the Executive, companies that are delinquent in the payment of fines for breach of contracts, will have limitations to participate in these public concession model.
In Panama, in the third debate, the bill creating the Public-Private Association regime was approved, which in its latest version set limitations on companies accused of acts of corruption.
According to the text approved and awaiting the approval of the Executive, companies that are delinquent in the payment of fines for breach of contracts, will also have limitations to participate in these public concession model.
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.
The removal of the disqualification from hiring natural and legal persons who have been sentenced for corruption is one of the most important changes made to the bill that creates the Public-Private Partnership Regime.
The National Assembly of Panama approved in first debate the bill establishing the Public-Private Partnership Regime.
On August 19, the Economy and Finance Commission approved in the first debate the project that seeks to regulate the contracts, generally long term, between the public and private sectors for the design, construction, repair, expansion, financing, operation, maintenance, administration and/or supply of projects and services such as roads, energy, telecommunications, public transportation, ports and water treatment, among others.
For Panama's business sector, public-private partnerships are contracts that, if properly implemented, could promote the dynamism of the economy and at the same time diminish the fiscal pressure on the State budget.
The Chamber of Commerce, Industries and Agriculture of Panama has promoted since the beginning of the current government administration, a draft bill that creates the Public-Private Partnership Regime (PPP), given that this document would promote the development of the country, explained the business guild through a statement.
A search has begun for investors interested in participating in the tender to award the operation of La Aurora International Airport in concession, for a term of 15 to 20 years.