Guatemala prepares international tender for section expansion work

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Guatemala prepares international tender for section expansion work

Guatemala will make an International Call for the Call for Public Works Bidding for the construction of the El Rancho-Tulután section and the Ministry of Communications, Infrastructure and Housing (CIV) will begin with the different hiring phases and the prequalification of the interested companies.

The first round to inform about the prequalification for the hiring of the expansion of four lanes of the section will be held on May 14 at 9.30 virtually and the call was distributed last Wednesday, April 30 to Guatemala Embassies abroad, international guilds and other countries to inform about the event.

Before making the call and international call to award the construction and supervision to analyze, the authorities must know the interest of companies in the market to which prequalification is known. Then the bidding bases will be published.

In 2024 the Congress of the Republic approved a loan for US $ 175 million for the construction of the highway-tulutan highway.

This event of the expansion of the road that connects with the ports of the Atlantic would be the second international tender that Guatemala makes during 2025, since on April 23 the PEG-5 was launched, which is the energy generation expansion plan, as well as the PET3 is an international tender focused on energy transport.

Requires schedule

Deputy Julio Héctor Estrada Domínguez, president of the Finance Commission of the Congress of the Republic, explained that it has been observed “that there is no capacity to lift the bidding processes or prepare the bases and begin to specify the pre -investment” of the project by the executor that in this case is the MICIVI.

He added that the authorities of that portfolio were required a schedule of the execution of the work and a meeting was prepared for the first or second week of May follow -up with the existing information.

“I am cautiously optimistic that something can be done, because the Ministry of Communications is overwhelmed, with rotation in the addresses all the time and without making decisions,” warned the head of the aforementioned work room.

He recalled that with the Inter -American Development Bank (IDB) the credit was signed since November 2024, and update the process with The Spanish Agency for International Development Cooperation (AECID).

The signing of the loan agreement, which approved the legislative the two international organizations, offers 1% conditions for a period of 30 years.

What is it?

  • The Legislature approved the loan for US $ 175 million in October 2024, which represent about Q1 thousand 352 million, aimed at the Expansion of the EL RANCHO-TECULUTÁN section.
  • Of the total of US $ 175 million, the Inter -American Development Bank (IDB) contributed US $ 75 million and the Spanish Agency for International Development Cooperation (AECID), US $ 100 million,which is co -financing.
  • Credit conditions is at an interest rate based on Sofr (which is the cost reference in dollars) for IDB and for AECID of 1%. In addition, that the execution period for the IDB is five years and for the AECID, six. It is also projected that the internal rate of economic return will be 26.3%.
  • The project will consist of the expansion of four lanes of 35 kilometers in the length of the CA-9 corridor El Rancho, San Agustín Acasaguastlán, El Progreso, where a libramiento towards Teculután, Zacapa will be built.

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