US$380.88mn cost of Norberto Odebrecht’s Guatemala road project

Works to widen a section of the CA-2 Occidente motorway in Guatemala will cost US$380.88 million (GTQ 3bn). The project, awarded to Brazilian construction firm Norberto Odebrecht, will see the key route widened to four lanes between Cocales and the border with Mexico. Brazil's BNDES bank and the Central American Bank for Economic Integration (CABEI) are financing the works, which is due to begin in February 2013.
December 20, 2012 Read time: 1 min
Works to widen a section of the CA-2 Occidente motorway in Guatemala will cost US$380.88 million (GTQ 3bn).

The project, awarded to Brazilian construction firm Norberto 1305 Odebrecht, will see the key route widened to four lanes between Cocales and the border with Mexico.

Brazil's BNDES bank and the 863 Central American Bank for Economic Integration (CABEI) are financing the works, which is due to begin in February 2013.

For more information on companies in this article

Related Content

  • Funding for Nicaragua road improvements
    November 9, 2017
    Road improvements in Nicaragua will now be paid for through a loan from the Central American Bank for Economic Integration (CABEI). The US$238 million loan will fund a series of upgrades to a total of 194km of key road connections in the country. A further $5 million of funding is being provided by the Nicaraguan Government. The work will form the country’s seventh programme for road improvements will commence in 2018 with six separate projects being carried out.
    Read More
  • Major highway projects awarded to Brazilian firm in Peru
    September 28, 2012
    In Peru the Brazilian contractor Odebrecht is now setting out plans for a US$500 million package of works to upgrade the prime road network around capital Lima. In all some 144km of roads will be improved under the terms of the deal, which Odebrtecht was recently awarded by the Peruvian authorities.
    Read More
  • Odebrecht wins Brazilian highway concession
    November 29, 2013
    Odebrecht has been awarded a concession for Brazil’s important BR-163 federal highway route. The 851km section of highway runs through Mato Grosso state and the deal is worth some US$2 billion, according to a report by Business News Americas. As part of its contract, Odebrecht will have to widen a 454km stretch of the route within five years and is also required to build nine new toll booths.
    Read More
  • Major Central American infrastructure projects
    February 23, 2012
    Mexico and Central America are home to some of the world's most spectacular infrastructure projects as Patrick Smith reports
    Read More

Highlighted Content