The Public-Private Partnerships Law In Honduras
New laws have been created such as the Public Private Partnership (PPP) Temporary Employment Act (recently extended for 1 more year); Secured Transactions Law; Law on the Promotion and Protection of Investment; Law of Simplification Processes of Infrastructure; Call Centers, New Energy Law and a new Mining Law.
In this context, Honduras has realized that a country without infrastructure is a remote country in international trade and therefore has prioritized projects in the areas of roads, ports, airports and energy from renewable sources.
The PPP Law entered into force in Honduras in September 2010 and its Regulation in February 2011. It replaces the concession law and introduces a more expeditious process for the management, development and execution of public works and services through PPP contracts signed between the State and a private entity.
This law ensures strong...
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