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

  • World Bank cuts Ukraine financing
    June 14, 2012
    The World Bank is reducing its financing of projects in Ukraine until 2016. The new cooperation strategy between the bank and the country's government follows a drop in financing through slow spending loans extended by the bank to the country. The bank will provide US$150million for the Second Project for Exports Development in 2012. And Ukraine can also receive $1billion in 2013–2014, but both financing packages depend on development of economic reforms in the country during the following two years. The
    Read More
  • Tender for El Salvador road feasibility study
    October 15, 2019
    The tender process has been run in El Salvador for the feasibility study and design works for an upgrade to the Panamericana route.
    Read More
  • East Africa's new connection
    April 30, 2012
    A new US$743 million road project now looks set to go ahead that will radically improve transport connectivity between Kenya and Ethiopia. The government of the two countries recently agreed a deal to co-develop a network of roads measuring some 880km in all to connect these neighbouring nations. The Mombasa-Nairobi-Addis Ababa link is expected to take three years to construct and will form part of the Trans-African Highway corridor. The project is being financed with a loan from the African Development Ban
    Read More
  • Cameroon’s new transport development plan
    February 10, 2022
    Cameroon has set out a new transport development plan.
    Read More

Highlighted Content