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

  • Bullish IronPlanet predicts strong sales for 2015
    February 19, 2015
    Auction operation IronPlanet says that 2014 has proved to be a strong year for its business development. The company has grown significantly since it began as an idea in a Harvard Business School working group, which suggested an online auction business to buy and sell machines. And six years from its move to expand into EMEA, the company says it has sold over US$ 3 billion worth of used equipment worldwide.
    Read More
  • Bullish IronPlanet predicts strong sales for 2015
    January 6, 2017
    Auction operation IronPlanet says that 2014 has proved to be a strong year for its business development. The company has grown significantly since it began as an idea in a Harvard Business School working group, which suggested an online auction business to buy and sell machines. And six years from its move to expand into EMEA, the company says it has sold over US$ 3 billion worth of used equipment worldwide.
    Read More
  • Concrete paving a smoother surface using machine control technology
    May 17, 2017
    Innovative technology has been used to deliver a smooth concrete road surface on a busy stretch of highway in Nebraska. Much-needed work on a busy section of Interstate 80 has been carried out in Nebraska to improve the road surface. This is one of the most important highways in the US, providing a link that stretches right across the country between the east and west coasts. This busy highway carries a high percentage of heavy truck traffic as it is a vital transport route. However this constant flow of la
    Read More
  • IRF Global Road Achievement Awards winners
    March 15, 2012
    The International Road Federation (IRF) recognised the winners of the 2011 Global Road Achievement Awards (GRAA) Competition at the 11th Annual IRF Awards Luncheon in front of an audience comprising hundreds of high-level government officials, top executives, and other road industry professionals.
    Read More

Highlighted Content