Edition 2021-03-19
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InfrastruCaribe Weekend is a weekly PHC Infrastructure Newsletter, published on Fridays, which depicts the current investment in sizable physical and social infrastructure and status of implementation on their respective Caribbean Islands.
Potential buyers identified with subsidies needed to access the program Santo Domingo, DR The president of the Dominican Association of Builders and Housing Developers (Acoprovi), Jorge Montero, reported that last week the Ministry of the Presidency held a webinar to present the National Happy Family Housing Program, builders. “What was explained to us was that the bids for the lots that the authorities have identified for that national scale project would be going out, and we were asked that if we find private lots that could be adapted to the type of project, they can also be presented,” he said. Montero commented that one of the benefits of the plan is that the Government has already identified potential buyers with the subsidies needed to access the houses, and “this […]
Santo Domingo, DR The increase in construction materials’ prices threatens the sustainability of the housing projects currently being developed throughout the country. It is of grave concern to builders, especially those competing with low-cost housing. It is estimated that the materials most commonly used to build a house, such as cement, sand, rebar, and others, have experienced increases of between 15% and 22%. The president of the Confederation of Small and Medium Construction Companies (Copymecon), Eliseo Cristopher, pointed out that the situation is highly worrying, above all, for small and medium producers who will not be able to adjust the cost of houses or apartments in the same measure in which the materials rise. “To the extent that we are preparing projects to develop them under the trust scheme, the […]
– water incentives raise disposable income by $655M – says legal issues preclude APNU/AFC duplexes from being used as collateral The People’s Progressive Party/Civic Government is mobilising to distribute a whopping 10,000 house lots to Guyanese in 2021, in keeping with their manifesto promise to deliver 50,000 lots within their first term in office. This […]
Government has awarded more than a half-million dollars in contracts for the construction of three social homes in the territory. Cabinet awarded two-thirds of those contracts to K&C Constructi…
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