Honduras contractors face challenges

The authorities in Honduras have excluded a number of contractors from taking part in the construction of the central highway project. The firms in question do not meet technical and financial requirements set by the World Bank, which is supplying funding for the projects.
May 4, 2012 Read time: 1 min
The authorities in Honduras have excluded a number of contractors from taking part in the construction of the central highway project. The firms in question do not meet technical and financial requirements set by the 2332 World Bank, which is supplying funding for the projects. At least 10 companies are affected and this situation is said to place major concerns over their future. The Construction Industry Association of Honduras (2326 CHICO) is keen for local firms to be given equal opportunities to take part in major road construction projects however. It says that increasing the number of participants allowed would help improve transparency and result in more competitive pricing.

For more information on companies in this article

Related Content

  • Lower traffic emissions in London
    May 20, 2019
    London’s ultra-low emission zone (ULEZ) system is already proving successful. In the first month since the scheme was introduced, the number of non-compliant vehicles entering the charging zone has been reduced by 9,400/day, a drop of 26%. According to the latest research, 74% of vehicles entering the ULEZ have been in compliance with the emission requirements.
    Read More
  • Pan-European move
    July 19, 2012
    CECE covers all of the EC and is pushing hard for further investment in infrastructure construction as a means to revitalise the economy. “Our industry looks forward to the implementation of the right policies and incentives to nurture sustainable growth and jobs”, said Ralf Wezel, CECE secretary general. CECE and the European contractor’s association FIEC believe that investment in transport is essential for growth and jobs. To strengthen European competitiveness, delivery of this much needed investment mu
    Read More
  • Amey: “First” UK carbon-neutral resurfacing
    February 15, 2021
    Amey Consulting said the recycled road surface has greater porosity than hot-rolled asphalt.
    Read More
  • Emissions challenge for engine manufacturers
    February 29, 2012
    The German construction equipment manufacturer's association, the VDMA, has said that the new EU-exhaust emission directive presents a major challenge for its members. According to the VDMA, the introduction of the EU-Exhaust Emission Regulation Stage IIIB has resulted in a great deal of investment at huge cost. For customers that has resulted in higher prices and the VDMA sees tighter regulation as being counter-productive.
    Read More

Highlighted Content