El Salvador slashes funds for 2024 municipal roadworks
El Salvador’s government has cut the funds for carrying out municipal roadworks this year, which could mean fewer projects.
According to daily La Prensa Gráfica, the 2024 budget bill assigns US$431mn to the department for municipal works (DOM), of which US$319mn will come from national fund FGN, US$108mn from loans that have been transferred to the department, and US$3.9mn from donations.
DOM’s municipal projects unit has been assigned US$286mn, which is US$14mn more than in 2023, the report said.
However, the 2024 budget for road infrastructure overseen by the department was cut by over US$70mn to US$138mn in 2024.
The program for other infrastructure works saw its budget increased by US$125mn this year.
That program has been questioned by opposition lawmakers for being ambiguous and not identifying specific projects.
“They have found in the DOM an institution to keep acting in a non-transparent way, without accountability. The increases [in the budget] are pretty vague. It does not identify projects and works by name,” said congresswoman Anabel Belloso in an October budget debate with DOM officials, according to the same report.
Subscribe to the leading business intelligence platform in Latin America with different tools for Providers, Contractors, Operators, Government, Legal, Financial and Insurance industries.
News in: Infrastructure (El Salvador)
El Salvador advances construction of athlete village
The facilities will house participants of the Central American and Caribbean games in June and July.
Uncertainty surrounds tenders for US$400mn El Salvador roadworks
Both the construction and supervision tenders have been taken down from procurement website Comprasal, while a source tells BNamericas that a compa...
Subscribe to Latin America’s most trusted business intelligence platform.
Other projects in: Infrastructure
Get critical information about thousands of Infrastructure projects in Latin America: what stages they're in, capex, related companies, contacts and more.
- Project: 0122 Unity Bridge
- Current stage:
- Updated:
1 year ago
- Project: 0506 Piedras Negras International Bridge
- Current stage:
- Updated:
1 year ago
- Project: 0111 Centinela-Rumorosa section of the Mexicali-Tijuana highway
- Current stage:
- Updated:
1 year ago
- Project: 0524 Las Flores International Bridge
- Current stage:
- Updated:
1 year ago
- Project: 0345 Libramiento Poniente de Acapulco
- Current stage:
- Updated:
2 years ago
- Project: 0091 Tijuana-Tecate Highway and Tecate Bypass
- Current stage:
- Updated:
1 year ago
- Project: 0522 Ojinaga International Bridge
- Current stage:
- Updated:
1 year ago
- Project: 0510 Tecolutla Bridge
- Current stage:
- Updated:
1 year ago
- Project: Mexicali Bypass
- Current stage:
- Updated:
2 years ago
- Project: 0525 Miguel Aleman International Bridge
- Current stage:
- Updated:
1 year ago
Other companies in: Infrastructure
Get critical information about thousands of Infrastructure companies in Latin America: their projects, contacts, shareholders, related news and more.
- Company: Aker Solutions ASA (Aker Solutions)
-
Norway's Aker Solutions ASA – controlled by holding Aker Kvaerner - is a provider of subsea production equipment and offshore field design services for the oil & gas industry. I...
- Company: M3 Argentina S.R.L. (M3 Argentina)
-
The description included in this profile was taken directly from an official source and has not been modified or edited by the BNamericas’ researchers. However, it may have been...
- Company: Consorcio Salud Lampa
- Company: Enerland Group El Salvador, S.A. de C.V. (Enerland El Salvador)
-
The description contained in this profile was extracted directly from an official source and has not been edited or modified by BNamericas researchers, but may have been machine...
- Company: Latina México
- Company: M3 Ingeniería Chile S.A. (M3 Ingeniería Chile)
-
The description contained in this profile was extracted directly from an official source and has not been edited or modified by BNamericas researchers, but may have been machine...
- Company: Consorcio Sacyr-Cointer
- Company: Fibra Uno (FUNO)
-
The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
- Company: Aleatica México S.A.B. de C.V. (Aleatica México)
-
The description included in this profile was taken directly from an official source and has not been modified or edited by the BNamericas’ researchers. However, it may have been...
- Company: Concremat Engenharia e Tecnologia S.A. (Concremat)
-
Concremat Engenharia e Tecnologia S.A. (Concremat), founded in 1972 –although its origins go back to 1952– is Brazilian engineering company with headquarters in Rio de Janeiro a...
Subscribe to the leading business intelligence platform in Latin America with different tools for Providers, Contractors, Operators, Government, Legal, Financial and Insurance industries.
