FDI INVEST $ 170 MILLION IN PROJECTS

FDI INVEST $ 170 MILLION IN PROJECTS

Road infrastructure and productive development projects will be financed for $ 172,000,000 in different parts of the country

This Thursday 26 took place, at the headquarters of the Congress of Mayors, the first face-to-face sectoral work meeting after the health emergency was declared by covid -19. The meeting summoned, in addition to Alfie, the deputy director of the OPP, Benjamín Irazábal, the undersecretary of Transportation and Public Works, Juan José Olaizola, and the communal heads of the entire country.

In this context, Alfie explained that, due to the difficulties generated by the health emergency in the execution of works and calls for bids, it was necessary to make the allocation of resources more flexible in terms of investment and purchase of machinery. To do this, the funds to acquire it were increased and the percentage of the investment fund reduced. In 2021, the volume of maintenance and equipment purchase expenses will be increased from 30% to 50%, the remaining 50% will remain for investments, he detailed.

Source: Chronicles, August 27 from 2021

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