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

  • Costa Rican MOPT to progress two key road projects in 2013
    December 10, 2012
    The Ministry of Public Works and Transport (MOPT) in Costa Rica is planning to invite tenders to design a 4km-5km four lane flyover that will link Calle Blancos with Zapote during 2013. Achieving some progress on the delayed 5km Circunvalacion Norte ring road project is also said to be a MOPT priority. A tender for the design of the toll-less flyover is due to be launched in January 2013, with construction earmarked to start in 2014. It is expected to be completed after 18 months. Expropriations are not req
    Read More
  • Series of new road projects in planning for Guatemala
    August 14, 2014
    A series of major road projects in Guatemala now look set to go ahead. A US$340 million loan from the Brazilian National Development Bank (BNDES) will most likely fund work to widen the 131km Mayuelas-Puerto Santo Tomas de Castilla route to four lanes. A final decision on the financial package required for this project is due in September 2014. Meanwhile the tender process is opening for a 100km stretch of road running through El Rancho, San Agustin Acasaguastlan, El Progreso to Mayuelas, Gualan, Zacapa. Th
    Read More
  • Guatemala bridge construction project
    May 26, 2017
    Guatemala is planning to build a new bridge that will cost an estimated US$150 million. The plans call for the new Belice Bridge to be constructed alongside the existing structure. A portion of the funding would be provided in the form of a loan from the Central American Bank for Economic Integration (CABEI). A design study could be carried out towards the end of 2018. Repairs are required to the existing BeliCe Bridge however and little interest has been received so far in the tender process for this work.
    Read More
  • Finance breakthrough to restart construction of key Honduras road corridor
    February 17, 2014
    The resolving of financing issues means that works to complete the corridor from the Comayagua valley to Goascoran, in Honduras, will resume soon. It is understood that both the Central American Bank for Economic Integration (CABEI) and Brazil's development bank Bandes have granted a loan of US$145 million. The new corridor will link the south with the north of Honduras and will be interconnected with existing road infrastructure, such the section between Tegucigalpa and Flores, in Comayagua. In total, som
    Read More

Highlighted Content