Works Begin at Project Curundú

©image: Presidencia.gob.pa

The site currently has basic services, such as energy, drinkable water and sewers.

The project will include 6 synthetic football fields, 6 multiuse sporting facilities and 6 children playgrounds, in addition to an amphitheater to promote cultural activities.

Source: Presidencia de Panamá

More on this topic

Panama Curundú Project is 25% Complete

January 2011

Works at the $94 million Curundú project are at 25%.

The Minister of Housing and Land, Carlos Duboy, said that by mid-month 160 homes are scheduled to be completed, which will add to the existing 160.

"Also there is progress in cleaning up the Curundú river, especially in the area where classrooms are built to train staff working at the project and other work for the road structure and drainage systems,” reports the article in La Estrella .

Nicaragua: Social Housing

October 2011

The rising costs of materials and the government's refusal to raise the ceiling price on affordable housing could derail the National Housing Plan.

The Government is maintaining its position of not raising the ceiling price of $20 000 to $26,500, saying that would not benefit low income families.

Mortgage Credit Growing in Nicaragua

March 2012

The National Housing Plan is paying off, and the Chamber of Developers and the government is working to make banks more flexible with credit for urban social interest projects.

Employers and the government are moving towards common positions regarding measures that could ease mortgage lending for low-income families (less than $521 per month) and the construction of affordable housing.

Nicaragua: Help for Social Housing Purchases

March 2012

The idea is to build houses worth less than $20,000 in order to facilitate the purchase of decent houses by low income families.

This solution is currently being discussed by representatives of private companies, banks and the Nicaraguan government and an agreement could be reached within weeks, reports Laprensa.com.ni.