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2 clusters · 2 sources · 8 days · First seen · Last updated

Guatemala infrastructure project developments

Overview

Infrastructure development in Guatemala has seen both the completion of major projects and the restructuring of stalled ones. The Roosevelt Avenue overpass, a project connecting Zone 7 and Zone 11 in Guatemala City, was recently inaugurated. The project, which began in May 2022, experienced significant delays and a cost increase from Q44.96 million to Q53.91 million due to unforeseen underground infrastructure. As a result, the contractor, CEBCO, faces approximately Q4.3 million in fines.

In a separate development, the Ministry of Infrastructure and Housing (CIV) is initiating a new bidding process to complete the Petapa underpass at Avenida Petapa and 53rd Street. This project had previously been suspended after reaching 40.49% completion due to issues with the original contractor, CEBCO. Following a Constitutional Court ruling to reactivate the work, the CIV is structuring a new tender to finalize construction.

Entities

Social Solidarity Fund · Guatemala City · Ministry of Communications, Infrastructure and Housing · Petapa Underpass · Nejapa Underpass

Timeline

  1. 24 days ago

    [BUSINESS] 2 sources
    Infrastructure projects advance in Nicaragua and Guatemala

    Infrastructure updates: Nicaragua's Nejapa underpass is slated for a December 30 opening, while Guatemala's Ministry of Infrastructure announces a new bidding process for the Petapa underpass.

  2. about 1 month ago

    [BUSINESS] 2 sources
    Guatemala inaugurates Roosevelt Avenue overpass after delays

    Guatemala has inaugurated the Roosevelt Avenue overpass in Guatemala City, connecting Zones 7 and 11 after years of construction delays and a Q9 million budget increase.

Sources

lahora.gt · radio580.com.ni