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

  • US president-elect Obama and the future of America's roads
    July 18, 2012
    The current US transportation funding law expires in September 2009. The current law allocates US$286 billion to highway and transportation projects. However, simply re-authorising the same amount will not be sufficient to build, maintain and improve the nation's roads, bridges, airports, and other deteriorating infrastructure. The backlog of projects unaddressed has swollen to the point where the American Society of Civil Engineers (ASCE) says it will take $1.6 trillion to address the country's road and in
    Read More
  • Delays blight Brazil’s highway programme
    August 4, 2016
    Around 130 road projects are facing delays in Brazil, according to a data from Brazil's national land transport association ANTT. A report in the newspaper O Estado de Paulo noted that many delays are caused by problems with environmental licences and expropriations, as well as a decrease in road traffic due to the economic crisis. Among projects that were meant to have been completed are those by concession holders Rota do Oeste for the Via 040, Concebra for the Eco 101 and MSVia and Galvão for BR-15
    Read More
  • Berco bounces back
    December 16, 2021
    The global Italian undercarriage manufacturer is forging ahead with a major lean manufacturing transformation that is already seeing results. David Arminas reports from the company’s 500,000m² plant in Copparo.
    Read More
  • Circuit of the Americas Formula for F1 success
    April 4, 2013
    In November 2012, the new Circuit of the Americas (COTA) in Austin, Texas, hosted the first ever Formula 1 US Grand Prix on a purpose-built track. But, as Jeff Winke and Guy Woodford report, the construction of COTA was just as demanding as competing in an F1 race itself For COTA construction contractor Austin Bridge & Road, L.P., nothing was more vital to the successful building of the 5.5km F1 track than meeting the strict criteria for its asphalt-paved surface. “The amount of stress this pavement will un
    Read More

Highlighted Content