The Costa Rican government plans to apply to the CABEI for a loan to finance maintenance work on 500 bridges of the national road network and other works.
The loan that the Ministry of Public Works and Transport (MOPT) will apply to the Central American Bank for Economic Integration (CABEI) would be ready in May, and would be under the direct financing modality.
In Panama, the design and construction of 8 kilometers of roads, of the sections Chiriquí Grande-Quebrada El Bajo and Chiriquí Grande-Ballena, in the province of Bocas del Toro are being tendered.
Panama Government Purchase 2019-0-09-0-01-LV-005847:
Constructora Rodsa was awarded the contract to carry out the design and construction works for the rehabilitation of the Pedasí-Los Asientos-Cañas Highway, in the province of Los Santos.
On March 13, the resolution of the contracting process for the rehabilitation of the 40.35-kilometre-long stretch of road was published on the PanamaCompra portal.
In Guatemala, the government announced that plans to invest nearly $143 million this year in repairing and maintaining the country's road network.
According to representatives of the Ministry of Communications, Infrastructure and Housing (CIV), among the investments projected stand out the maintenance and repair of bridges, signaling of vertical and horizontal routes, works of sealing of cracks, works of repair of the route CA-2 East and of the CA-2 West, and more works.
The feasibility study for the creation of a PPP will be carried out in the project for the extension of the 43-kilometer stretch between the La Hachadura Border Crossing and the CA12 Road.
Because of the lack of progress in Congress and the fact that 2019 is an election year, there is a risk in Guatemala that the concession to rehabilitate and operate the Escuintla-Puerto Quetzal Highway will not be granted.
In July 2018, the Consorcio Autopistas de Guatemala was awarded the contract for the rehabilitation, maintenance and administration of the Escuintla-Puerto Quetzal highway, with toll collection.
In Costa Rica, the H. Solís-TPF Ingeniería consortium proposes to extend a 46-kilometer stretch that connects the bridge over the Virilla River with the Sucio River, a work valued at $643 million and to be paid with tolls for 30 years.
The proposal for the extension of the road section that was presented to the Ministry of Public Works and Transport (MOPT) by the business consortium is still in the analysis phase.
The company Inversiones FJ, Ingeniería y Remodelaciones Civiles, and Constructora Rodsa were awarded the contracts for the rehabilitation of streets located in the province of Herrera.
One of the awarded contracts corresponds to the tender of "Design and Construction for the rehabilitation of the streets of the Chitré district", in this case the resolution published on February 25 in Panamacompra, details that it was decided to grant the works to Consorcio Azuero, formed by Constructora Rodsa, S.A. and Ingeniería y Remodelaciones Civiles S.A.
In Costa Rica, investments in the construction of highways, roads and bridges are forecast to grow in 2019 and 2020, by 47% and 10%, respectively.
The 2019-2020 Macroeconomic Program of the Central Bank of Costa Rica (BCCR), explains that by 2019, the acceleration in the development of road infrastructure projects will be the main engine of growth in public investment.
The Third Chamber of the Supreme Court of Justice of Panama decided to cancel the environmental impact study for the widening of the Omar Torrijos road.
The action against the Environmental Impact Study Category II, was filed by attorney Donaldo Sousa and Jose Isabel Blandon, Mayor of the municipality of Panama, who believe that the work should be stopped until the study is reviewed and improved.
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.
With IDB financing, a road improvement and rehabilitation program will be implemented in Guatemala, connecting productive areas and departmental capitals to the main network.
The Inter-American Development Bank (IDB) reported that the total project amount is $150 million from concessional ordinary capital, with an amortization period of 24 years, a 6-year disbursement period, a 6.5-year grace period and an interest rate based on LIBOR.
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