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

  • Kazakhstan’s London road show woos consortia for Almaty ring road
    March 2, 2015
    Kazak and EBRD officials visited London to highlight the possibility of a public-private partnership under the country’s revised PPP legal framework. David Arminas reports. To build a road, you go on the road, and that is what Kazakhstan did in London in mid-December. Representatives of more than 100 organisations, a mix of construction companies and financial institutions, attended the roadshow-style presentation to attract foreign capital for BAKAD, the Almaty Ring Road Concession. The message was that Ka
  • Five roads of the future – cutting transport costs
    June 10, 2019
    Advances in road design and construction will deliver cost savings In the past 50 years there have been huge advancements in the automobile industry but the roads we drive on remain nearly unchanged. As cars get smarter so too should the infrastructure that supports them. Our planet is covered in roads. And by 2050 our global network of highways is projected to increase by 60%. Volvo Construction Equipment takes a look at possible technologies for the roads of the future, looking at some innovations
  • Norway’s massive Rogfast Tunnel project
    December 11, 2018
    The world's longest and deepest road tunnel is underway in western Norway - Adrian Greeman reports
  • Guatemala road project funding benefiting from foreign input
    October 9, 2017
    Foreign investors are playing a major role in funding work to develop Guatemala’s road infrastructure. For 2018, 74 of the projects being planned in Guatemala will be funded through foreign sources. However in all the Guatemalan Government has planned some 2.312 projects in all in its budget for 2018. Some US$131.85 million will be aimed at road works. Four projects are being planned to develop the road link connecting Alta Verapaz and Quiche. Another major road project being planned is for the CA-9 highway