Guatemala seeks CABEI US$400mn loan to develop over 500kms of rural roads

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
November 15, 2013 Read time: 1 min
Guatemala is to negotiate a loan of US$400 million with the 863 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 2332 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 replaced with permanent bridges.

The government is also working on the expansion of the CA9 Norte motorway to Mayuelas, completing a $240 million 89km extension.
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