As a result of the corruption case in Costa Rica involving a shareholder of Constructora MECO, Fitch Ratings downgraded the company's long-term national rating to "A-(pan)" from "AA-(pan)", and at the same time placed it on Negative Watch.
On the morning of June 14, 2021, some 700 agents of the Judicial Investigation Agency (OIJ) and the Public Prosecutor's Office (prosecutors) raided 21 homes, Casa Presidencial, Ministry of Public Works and Transportation (MOPT), National Viability Council (Conavi) and Public Transportation Council (CTP).
In Panama, the consortium made up of Constructora Urbana S.A. and Toronto Global Holdings Corp. was awarded the contract to design, build and finance the interconnection of the Cinta Costera 3 with the Calzada de Amador.
Two bids were submitted for this tender; whose initial reference value was $49.9 million. The first proposal, which amounted to $54.8 million, was made by the consortium AMADOR, formed by the companies Meco, S.A. and Puentes y Calzadas e Infraestructuras, SLU, Panama Branch.
In the public tender held in Panama to design, build and finance the interconnection of the Cinta Costera 3 with the Calzada de Amador, Consorcio Amador and Consorcio Cinta Costera submitted their proposals, which amounted to $55 million and $44 million, respectively.
Van der Laat & Jiménez, H3 Guatemala, Constructora Codico, Bagatrac S.A. and Constructora Meco are some of the main companies that last year won contracts to design and build public works in Central American countries.
An analysis by CentralAmericaData's Trade Intelligence Unit provides interesting data on the companies that in 2019 were favored with contracts to design and build government buildings, roads, bridges, streets, overpasses and other public infrastructure works in Central American countries.
In Panama, Bagatrac, S.A. was awarded the contract for the rehabilitation and widening of the La Concepción - Cuesta Piedra - Volcán highway, in the province of Chiriquí.
For the contracting process the companies that participated were Puentes y Calzadas Infraestructura S.L.U. with a proposal that reached $91.6 million, that of Mota-Engil S.A. to $89.9 million, that of Asfaltos Panameños S.A. at $88.4 million, Constructora Urbana S.A. at $86.7 million, Construtora Norberto Odebrecht S.A. at $85.9 million, Constructora Meco at $81.3 million, and Bagatrac, S.A., which won the tender, amounted to $84.2 million.
Constructora Rodsa, Constructora Peñaranda and Constructora Codico are three of the companies that in the first quarter of 2019 were awarded contracts by governments to build all types of public infrastructure in Central America.
An analysis of CentralAmericaData's Trade Intelligence unit provides data on the companies that from January to March 2019 were awarded government contracts to build all types of public infrastructure in Central American countries.
Expansion of highways in Panama and El Salvador, construction of a border bridge in Guatemala and a cultural complex in Honduras are part of the public works to be developed in the region.
The interactive platform "Construction in Central America", compiled by the Trade Intelligence Unit at CentralAmericaData, includes an up to date list of public and private construction projects to be built in the coming months.
Constructora ECON and Disa S.A. de C.V. are two of the five companies in El Salvador that presented their proposals to extend a four-kilometer stretch of the Pan American Highway.
The Ministry of Public Works informed that Constructora ECON, Disa S.A. de C.V., Constructora MECO, Gabriel Couto S.A. and Constructora Hidalgo e Hidalgo, submitted their proposals to widen from 2 to 4 lanes of the Pan-American Highway (CA-1) from the detour to Moncagua, kilometer 128.31, until the beginning of the Bypass in El Obrajuelo, in a 3.46 kilometers length.
Puentes y Calzadas Infraestructuras S.L.U. was awarded the contract to design and build a vehicular passage and road interchange on the Cabuya roundabout in the Panama province.
On February 5, the resolution of the contracting process for the "Design and Construction of the Paso Vehicular and Intercambiador Vial José Agustín Arango (Cabuya) -CPA- December 24" was published in the portal PanamaCompra."
Constructora Meco, V&T S.A., Ingeniería REC and Constructora Rodsa are some of the companies that in 2018 were awarded contracts to build public infrastructure works in Central America.
An analysis compiled by the Trade Intelligence unit at CentralAmericaData provides data on the companies that during the last year were awarded by the governments of the region, with contracts to execute construction works in Central American countries.
After PowerChina in Costa Rica won the contract to expand a section of highway in Guanacaste, one of the participating consortia appealed the results, arguing that the requirements had been modified in the tender.
The road work awarded to PowerChina in 2018 consists of a total of 50 kilometers, distributed in two tenders, one for the San Gerardo-Limonal section and the other for the Barranca-San Gerardo section. For the first four companies submitted tenders and the contract was awarded on October 25, while for the second there were seven proposals and the contract was awarded on December 10.
The proposals presented range from $69.9 million to $74.3 million to design and build a vehicular roadway and a road interchange on the roundabout of Cabuya, in the Panama province.
The companies presenting their tenders were Constructora Meco, whose proposal totaled $69.9 million, Puentes y Calzadas Infraestructuras S.L.U., $70.9 million, and Constructora de Infraestructura Internacional, S.A., $74.3 million.
Conalvias Construcciones was awarded the contract to restore the streets of the townships of Caimitillo, Ernesto Córdoba, Las Cumbres, Alcalde Díaz and Chilibre, in the district of Panama.
On November 16th, the resolution of the contracting process for the works of rehabilitation of streets in several townships of the capital of the country was published in the portal PanamaCompra.
Centralmix was awarded the contract to rehabilitate streets in the townships of Bethania, Curundu, Don Bosco, Juan Díaz, Parque Lefevre, Pueblo Nuevo and Río Abajo, in the province of Panama.
On October 18th, the resolution of the contracting process for the works of the rehabilitation of streets of several townships of the province of Panama was published.
The submission of proposals for the design and construction of a vehicular walkway and road interchange on the Cabuya roundabout in the province of Panama was postponed until November 30th.
The Ministry of Public Works decided to change from October 30th to November 30th, the deadline to receive proposals for the road work with a reference value of $66.0570.156.
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