The 2019 budget approved by the National Assembly includes almost $9 billion for investments and $2.943 million for debt service.
Panamanian authorities informed that the approved project includes an adjustment of 350 million balboas additional to the budget initially budgeted by the Ministry of Economy and Finance (MEF).
Because of the reduction of funds from the Public Investment Program from $552 million in 2018 to $506 million in 2019, construction is expected to suffer negative effects in Nicaragua.
According to Nicaraguan government estimates, construction will fall 21% this year compared to 2017, and in 2019 the contraction could reach 11%.
In the first six months of the year, government entities from the countries of the region submitted 73 environmental impact studies for the construction of different public infrastructure projects.
The interactive platform "Construction in Central America", from the Trade Intelligence Area of CentralAmericaData, provides the updated list of public and private constructionprojects that present the environmental impact studies (EIA) to the respective institutions of each country.
The budget presented to the Congress includes $146 million for the construction of the El Chaparral hydroelectric plant, and $83 million for road maintenance.
September 28th, 2018. Head of the Ministry of Finance, presented to the Legislative Assembly the project of the General Budget of the State for Fiscal Year 2019, which amounts to $6,733.2 million, approved by consensus and with unanimous agreements, in the Extended Council of Ministers, called and presided over by the President of the Republic, Professor Salvador Sanchez Ceren.
In 2017 in the Dominican Republic, private investments in the construction sector totaled $750 million, above the $687 million reported by the government.
The Dominican Chamber of Construction presented the "Study of the Economic and Labor Impact of the Construction Industry", which details that inthe last ten years construction has been the second largest sector of the Dominican economy. In 2017 it represented almost 10% of nominal GDP (US $7,455 MM).
The road infrastructure investment plan announced by the Alvarado administration includes, among other things, the allocation of $350 million for the San José-San Ramón, San José-Cartago, and San Carlos road routes.
From a statement issued by the Ministry of Public Works:
"These projects will be financed with existing resources of unutilised credit and with the public-private partnership scheme, so they will not put pressure on public finances.
The government announced that in 2019 it will invest $578 million in the completion of Line 2 and in the construction of the branch that goes from the Technological University to Tocumen.
Although Line 2 must be operational in April 2019, Metro de Panamá announced that in January it will bring into operation five stations and 12 of the 20 wagons that the Line will have, in order to meet demand foreseen during World Youth Day.
The Alvarado administration has decided to terminate the contract with the company in charge of building the road to San Carlos, a road whose construction was started thirteen years ago yet still remains unfinished.
The Minister of Public Works and Transport, Rodolfo Méndez Mata, said that his plan is to hire three other construction companies and two subcontractors to take charge, separately, of solving the problems that are affecting the work.
Among the Canal Authority's investment plans for 2019 is construction of a second dump for the management of the reservoirs, and the purchase of a floating dock and crane.
The budget approved by the Assembly for next year includes specific items requested by the Canal Authority (ACP), which project several investments to improve the performance of the interoceanic highway.
The Varela administration's budget for next year includes $4.032 billion for the City of Health and new polyclinics, Metro Lines 2 and 3, and construction of road works, such as the Santiago-David highway.
The budget presented by the Ministry of Economy and Finance in Panama includes several items for public investment projects, which together amount to just over $4 billion, according to the institution's budget report.
Construction will not be carried out on road works, sanitation and new schools this year in Nicaragua, due to the cut in public spending approved by the National Assembly in this year's budget.
Due to the impact that the political and social crisis has had on the Nicaraguan economy since mid-April, the Ortega administration presented a new budget to the Assembly, which includes a reduction in revenues and in spending foreseen for the remainder of the year.
The proposal put forward by the Varela administration to the Assembly includes $5.225 billion for investment projects and $2.581 billion for servicing debt.
The Ministry of Economy and Finance reported that "... the proposal includes important public investment works, such as the Panama Metro ($582.8 million), the Fourth Bridge over the Canal ($288.7 million), Roofs of Hope ($163.6 million), Urban Renovation of Colón ($98.4 million), Sanitation of the Bay ($108.2 million), potable water and sewerage projects ($179.1 million), construction of hospitals and polyclinics in Colón, Darién, Veraguas, Chiriquí and Los Santos ($319.5 million), among other things."
The Municipality of Guatemala City reported that it plans to implement two new lines of the Transmetro service, which will involve bringing 28 stations into operation.
The mayor of the Guatemalan capital, Ricardo Quiñónez, explained to Dca.gob.gt that "... medium and long-term planning has been established, in relation to the Transmetro service, which includes the implementation of two new lines: 7, to zone 12, and 5, to zone 5."
Two irrigation systemconstruction projects are being prepared in different municipalities in the departments of Yoro, La Paz, Intibucá, Lempira, Atlántida, Cortés and Santa Bárbara.
The projects that will be executed are the Programa de Desarrollo Agrícola Bajo Riego (PDABR), and the Project of Competitiveness and Sustainable Development of the South Western Border Corridor (PRO-LENCA), whose investments will be $25.3 million and $27.8 million respectively..
In the first projects that are planned to be developed as part of the plan, around $116 million will be invested in construction works, vehicle purchases and other things.
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