Skip to main content

Honduran road improvement plan

Honduras intends to spend US$400 million on upgrading its road network. The World Bank will provide $110 million
February 8, 2012 Read time: 1 min
RSSHonduras intends to spend US$400 million on upgrading its road network. The 2332 World Bank will provide $110 million, while the 2791 Inter-American Development Bank (IADB) and the 863 Central American Bank for Economic Integration (CABEI) have also said they will provide funding for national road improvement schemes. Projects targeted for upgrades include the construction of the Central Road and the four-lane road between El Progreso and Tela, in the north of the country. The plan was unveiled by the country's Ministry of Public Works, Transport and Housing (5807 Soptravi), which is being awarded a budget of $159 million by the Honduran Government for the programme.

Related Content

  • Nicaraguan investment
    April 25, 2012
    Loans worth at least US$110 million will help fund road projects in Nicaragua in agricultural areas. The Central American Bank for Economic Integration (CABEI) will provide Nicaragua with a short term loan of close to $61 million for a series of improvements to the national road network, some 11 sections overall. A further $50 million is already available, with another $11 million due in the week commencing 23 November 2011. In addition an extra $50 million will come from the World Bank (WB) and CABEI for r
  • Paraguay road project planned, with funding to be sourced
    June 13, 2017
    Paraguay is in the process of sourcing a portion of the necessary funding for its Transchaco road project.
  • Colombia: Cesar-Guajira road project awarded to El Condor
    May 15, 2015
    The Colombian government has awarded the contract for construction of the Cesar-Guajira road to Construcciones El Condor, sole bidder for the work. The deal is a US$165 million public-private partnership (PPP) aiming to improve connectivity with the country’s Caribbean coastal departments. The 350km road will connect San Roque with Cuestecita, take four years to build and employ around 1,400 workers. Colombian Vice President, German Vargas Lleras, said five projects have been approved under the PPP sc
  • Guatemala seeks CABEI US$400mn loan to develop over 500kms of rural roads
    November 15, 2013
    Guatemala is to negotiate a loan of US$400 million with the Central American Bank for Economic Integration (CABEI) to develop rural roads. The loan will be on top of loans of $200 million taken from the World Bank and of $237 million taken from the IADB for the same purpose. The nation’s government says that with $150 million alone it could also build nearly 500kms of rural roads. The authorities would also like to replace some of existing bridges. Between 60 and 70 temporary bridges are earmarked to be re