Skip to main content

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.

For more information on companies in this article

Related Content

  • Chinese firm wins highways expansion project to decongest Nairobi
    January 5, 2017
    A Chinese contractor is carrying out a major road project intended to cut congestion in Kenyan capital Nairobi – Shem Oirere writes Chinese contractor China Wu Yi has won a US$163 million contract for the reconstruction and expansion of a 25km highway leading out of Kenya’s capital Nairobi with financing from the World Bank. The contract was awarded by the country’s National Highways Authority (KeNHA), a state-owned road agency responsible for the management, development, rehabilitation and maintenance of i
  • US infrastructure spending
    January 2, 2024
    US$492 billion in infrastructure funding remains to be allocated, but it all ends in 2026 by Mary Scott Nabers
  • Road loan deal in Brazil
    March 21, 2012
    The Inter-American Development Bank (IADB) is providing loans worth US$175 million to Brazil’s Espirito Santo Statew. These loans will help finance the planned series of road improvements in the state.
  • Demand diversity in the construction equipment sector
    June 1, 2015
    Demand within the global construction equipment manufacturing industry is anything but homogenous, with certain countries and sales regions significantly outperforming others, with a whole host of factors fuelling and suppressing each key market - Guy Woodford reports