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

  • DenimoTech focuses on today's challenges
    November 27, 2012
    Empty environmental commitments from governments, falling bitumen quality and the impact of the economic crisis - DenimoTech asked some of its global distributors about the challenges of today’s markets - Kristina Smith was there to listen in Competition from Chinese manufacturers; highways abandoned half-built; the worst year for road building in the last 20 years. These are challenging times for DenimoTech’s distributors whose goal is to sell the firm’s bitumen emulsion and polymer modified bitumen plants
    Read More
  • Turning the construction industry green
    May 12, 2023
    Green is good for industry – delivering sustainability can also help reduce costs for construction firms, ensuring better financial performance
    Read More
  • Case demonstrates machines in Tunisia
    February 13, 2017
    CASE Construction Equipment recently carried out a major demonstration event for its construction machines in Tunisia. The event focused on the firm’s road building equipment, highlighting how the units perform, even in extreme conditions The planned large-scale projects for the development of Tunisia’s road infrastructure will require highly productive and reliable equipment to meet the country’s objectives. CASE is keen to develop a share of this market, running the event in a bid to grow its marke
    Read More
  • Bridges and roads part of Myanmar’s New Yangon development
    April 6, 2018
    At least two bridges and dozens of kilometres of roads are part of phase one of an ambitious Myanmar plan to build a new city. Other infrastructure projects are an industrial zone, a power plant and water and sewage treatment plants, according to the newly created overseeing body, New Yangon Development Corporation - NYDC. The new city will cover around 30,000 acres on the west side of the Yangon River, including land in Kyimyindaing, Seikgyikanaungto and Twante townships. Much of the work to create the
    Read More

Highlighted Content