Airports, power plants, water and sewerage and port terminals are part of the public works under concession in Honduras.
Since the establishment, two years ago, of the Investment Facility under the scheme of the Commission for the Promotion of Public-Private Partnerships (COALIANZA) there have been four infrastructure projects concessioned totaling $869 million.
An IDB study indicates that delays in the approval of the law on public-private partnerships is jeopardizing private investment.
According to a study by the Economist Intelligence Unit, a project funded by the Inter-American Development Bank (IDB), while El Salvador has made progress in preparations for Public-Private Partnerships (PPPs), delays in the approval of a regulatory framework are jeopardizing private investment.
Railways, an industrial park, port terminals, and roads are concrete investment projects that will be presented during the next Guatemala Investment Summit 2013.
The National Alliance for the Development of Economic Infrastructure (ANADIE by its initials in Spanish) is preparing a series of infrastructure projects that will be presented during the 2013-Guatemala Investment Summit organized by the Chamber of Industry (CIG by its initials in Spanish) for next May, with the expectation of attracting over U.S. $1.3 billion in investments this year.
The Guatemalan government is committed to public-private partnerships that encourage investment in infrastructure.
Airports, ports and national highways could be built with input from the private sector through the creation of the new Council for the Promotion of Public-Private Partnerships, which aims to stimulate infrastructure projects crucial for the economic development of the country.
The workshop, sponsored by the IDB, aims to present methodologies based on the experiences of Mexico and Spain, for best practices in public-private partnerships.
The workshop entitled "Partnerships for Economic Infrastructure Development" started yesterday, October 18, and is being held at the Intercontinental Hotel in Guatemala City.
A press release from the Ministry of Finance of Guatemala reads:
A residential project in the Bay of Panama which will have 16 towers, some of up to 30 stories, a hotel, marinas, convention center and retail space, is generating internal dispute in Martinelli’s government.
The project was presented by a group of private businessmen (Maritime City) under the name Amador City Marina which will be built on two peninsulas with 36 hectares of the sea bed being filled on the Amador Causeway in Panama Bay.
The government wants the private sector to be more involved in the development of infrastructure and services normally provided by the state.
The project to draft the law establishing a system of public-private partnership (PPP) is now being studied by the Panamanian National Assembly.
Unlike in the traditional scheme, where companies are simply hired by the state for the construction or development of public works, under the PPP regime, the private sector could assume a greater role in projects, financing the works in order to receive payments for the provision of services, in long-term contracts.
The Ministry of Economy submitted to the Assembly a draft law creating a system of Public-Private Partnership (APP in Spanish).
The APP is an alternative to the execution of works or public services that have traditionally been carried out by the state.
The scheme works by making contracts between the public and private sector, in which the latter constructs, finances, operates and maintains infrastructure or provide services.
Government will send to Congress a draft of a Law regulating Public Private Partnerships.
The law would regulate state participation in these associations, to establish parameters for private enterprises and the regulations regarding tendering and contracting procedures.
Alexander Segovia, Technical Secretary of the Presidency, said that the government intends to send the bill to Congress before the end of this month," reported the article in Laprensagrafica.com.
The government bill to regulate PPPs is now being reviewed by several sectors.
The law would regulate the role of the state in these associations, determine the involvement of private companies and define the contract and tender process.
"The government's contribution to the PPP would be through the payment of monies, concession of specified assets and the granting of rights on state-owned public property," reports Prensa.com.
The new legal framework will give private companies authority to manage megaprojects.
Alexander Segovia, technical secretary to the president, indicated that the new law will regulate the state's participation as investor and regulating entity.
"The port of La Unión is the first megaproject that Mauricio Funes' government has announced will be carried out using the Public-Private Partnership (PPP) model.