28% of the planned investment in the restoration of the National Theater of Costa Rica will focus on the modernization of theatrical mechanics, artistic lighting and work on the electrical system.
In February 2018, the Central American Bank for Economic Integration (CABEI) reported that it would grant the government of Costa Rica a loan of $31,330,000 to finance the project " Programa Integral de Seguridad y Conservación del Monumento Histórico Teatro Nacional de Costa Rica."
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 government has announced that feasibility studies will be financed with IDB funds to expand the stretch of road between San José and Río Frío.
As explained by the head of the Ministry of Public Works and Transport (MOPT), Rodolfo Méndez Mata, the studies will begin in four or five months, and will take almost a year and a half.
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.
The Congress has ratified a loan with the Inter-American Development Bank to build two hospitals and make improvements to the health system.
The Legislative Assembly reported that "... After constant approaches to achieve the required consensus, the Legislative Assembly unanimously ratified the loan contract between the Executive and the Inter-American Development Bank (IDB) for $170 million to finance the Integrated Health Program II. With the resources it will be possible, among other things, to carry out construction of a new Rosales Hospital and a General Hospital in the northern zone of San Salvador in Nejapa."
In the Dominican Republic, construction, repair and renovation of different installations belonging to public entities in different provinces around the country are being put out to tender.
The National Electric Power Company of Honduras (Empresa Nacional de Energía Eléctrica de Honduras) is putting out to tenderconsultancy for the supervision and management of several works in the electrical distribution network.
The BCIE will be financing restoration works on the National Theater, which include renovating the electricity system and modernizing the facilities in general.
The Central American Bank for Economic Integration (BCIE) announced that "... financing will allow the development of a program consisting of investments for an active and passive fire protection system, renovation of the electricity system for greater security and modernization of the stage enclosure, mechanization of the stage, sound aspects, lighting aspects and installation of an acoustic shell, in addition to giving independence to the administrative offices and warehouses, excluding them from the main building of the Theater."
The 6-story building to be built in Costa Rica will house the offices of the Central Bank and the superintendencies of the financial sector.
The building, which will be built on a piece of land measuring 18 thousand square meters in Barrio Tournón, Goicoechea, will house 800 employees, and will have a parking lot with capacity for 230 vehicles. The work will start in the first half of 2018.
Plans are underway to build a water treatment plant in the Ancón district of the province of Panama that will include a raw water adduction line and potable water pipeline.
According to the interactive platform "Construction in Central America" complied by CentralAmericaData, the National Aqueduct and Sewer Institute of Panama (Instituto de Acueducto y Alcantarillados Nacionales) submitted an Environmental Impact Study (EIA) to build, in Ancon, a water purification plant that will include an intake point or catchment of raw water from the Chagres River, raw water adduction line to the water treatment plant, and potable water pipeline to Panama City. It will be developed within an easement of up to 20 meters, and an approximate length of 28.5 km.
The state insurer could be willing to invest up to $500 million in road construction projects that already have their pre-design and studies ready.
The offer by Instituto Nacional de Seguros (INS) applies only for projects designated as "mature", that is to say, those that already have all the approved permits and pre-designs.The problem with this requirement, according to the executive director of the Federated College of Engineers and Architects (CFIA), is that planning problems faced by Conavi and the Ministry of Public Works make it impossible to meet this requirement."..."Unfortunately, it's not the way the Ministry of Public Works and Transportation (MOPT) and Conavi have been working," Vargas said."
The Costa Rican Ministry of Education used part of a $167 million trust, originally earmarked for the construction of 79 schools, to pay for sanctions imposed by the IADB because of a delay in the execution of those works.
Around $1.7 million was what the Ministry of Public Education (MEP) used to pay the sanction that the Inter-American Development Bank (IDB) imposed on it for not executing the $167.5 million trust within the established timeframe, money which had been allocated for building 79 educational centers and 24 roofed sports courts.
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