El Salvador Bids $ 23 Million in Construction

©image: Concrete Forms

From Friday 26th to Monday 29th the bidding will begin on a 1,068 residential apartment project in Santa Lucia and one of 416 units in Procavi. The first is valued at $ 16 million and the second at $ 7 million.

Both are part of "Home for All", which is funded with $ 50 million provided by the Central American Bank for Economic Integration.

The companies have 10 days to submit their bids starting Tuesday, November 30th.

Source: Fondo Nacional de Vivienda Popular

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El Salvador: $ 140 Million for Housing

November 2010

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The $ 70 million Inter-American Development Bank loan will go to build 6.373 homes for low-income families, of which 2.000 would be ready by March 2011.

The credit of the Central American Bank for Economic Integration (BCIE), of also $ 70 million, "will be implemented by the National Housing Fund (FONAVIPO), which will bid the affordable housing projects to developers," Elsalvador.com reported.

El Salvador Begins Construction of 1,500 Homes

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The National Popular Housing Fund gave the order to begin construction of the Santa Lucia and Procavi developments in the city of Santa Ana.

The Santa Lucia project consists of 1.068 apartments, divided into 57 buildings on three levels. To date the fund has awarded the construction of the first 16 buildings -192 apartments - to two companies.

El Salvador: Bid for Constructing 2.200 Homes

August 2009

By the end of September and the start of October, there will be three bidding processes for the construction of 2.200 units of social housing.

Bidding for the first 500 unit housing project, to be located in San Miguel, will be done in the second half of September. In October, the process will start for the other two projects, one for 1.500 residences in San Martín, and the other for 300 homes in "Polígono Don Bosco".

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