Due to the effects of the pandemic, Salvadoran authorities decided to postpone until March the date for submitting bids for the tender for the lighting and video-surveillance of 143 kilometers of road sections, a contract to be executed through a Public-Private Partnership.
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.
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.
Feasibility studies for the application of a Public-Private Partnership in the construction and maintenance works of the border crossings of La Hachadura and El Poy, and in the intermediate enclosures of Metalío and Tejutla began to be elaborated.
FOMILENIO II and the consortium Unión de Personas Pasos Fronterizos (UDP Pasos Fronterizos) signed a contract this day to carry out a technical study to determine the feasibility of a possible Public-Private Partnership (PPP) project at border crossings and intermediate precincts, according to an official statement.
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).
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.
If approval is not given to the amendments to the Law on Public-Private Partnerships and the Money and Asset Laundering Act, the second disbursement will not be realised.
This was explained by Salvadoran President Mauricio Funes. "Donors are free to stipulate any conditions deemed appropriate. Everything that is the responsibility of the Executive has already been done," he said.
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