Nicaragua to get over 200kms of new roads in 2014

The Ministry of Transport and Infrastructure (MTI) in Nicaragua plans to build more than 200km of new roads during 2014. The MTI reportedly has a budget of US$151.87 million (NIO 3.88 billion), of which $58.44 million (NIO 1.5 billion) belongs to the Treasury. One 10km project originally earmarked for 2013, the Malpaisillo-Mina El Limon road, will be carried out in 2014. The 28km Nejapa-Empalme de Puerto Sandino scheme is also said to be under development.
January 16, 2014 Read time: 1 min
The Ministry of Transport and Infrastructure (MTI) in Nicaragua plans to build more than 200km of new roads during 2014. The MTI reportedly has a budget of US$151.87 million (NIO 3.88 billion), of which $58.44 million (NIO 1.5 billion) belongs to the Treasury. One 10km project originally earmarked for 2013, the Malpaisillo-Mina El Limon road, will be carried out in 2014. The 28km Nejapa-Empalme de Puerto Sandino scheme is also said to be under development.
Road Structures

Related Content

  • Chilean highway project faces questions
    February 14, 2012
    The plans for Chile's new Vespucio Oriente highway are under a question mark at present. The Chilean Construction Chamber (CChC) and the association of concession-holders (COPSA) have raised concerns over the plans by the country's government to press ahead with the construction of the 13km Vespucio Oriente highway in capital Santiago.
    Read More
  • Kenya develops annuity road funding model
    May 8, 2015
    Kenya is introducing novel methods for funding its necessary road infrastructure development - Shem Oirere writes. Kenya has unveiled a new financing model for road construction and reviewed its design standards and construction methodologies, which forms part of a new strategy for the East African country. Under this new plan Kenya is planning to upgrade 10,000km of road, with these links featuring asphalt surfacing; the work being carried out over the next five years at a cost of US$2.8 billion. Despite t
    Read More
  • ANI to auction 13 Colombian road projects in H1 2014
    September 24, 2013
    Colombia's national infrastructure agency ANI will auction 13 road projects with a combined value of more than US$7.87 billion (COP 15 trillion) in H1 2014, out of 40 planned. Nine of the scheduled auction projects have gone through the pre-qualification stage and will be definitely awarded in the first quarter of next year. In total, all 40 projects will involve investments of COP 47tn. The plan is to improve 8,000kms of roads in the country.
    Read More
  • Costa Rica highway concession package cancelled
    March 19, 2014
    The Costa Rican Government is paying compensation worth US$28.4 million for the cancellation of a highway concession package. The compensation relates to the San José-San Ramón highway concession and is being paid to the Brazilian construction company OAS, reports Business News Americas. This follows a legal dispute over the project and is some $10 million less than OAS originally claimed in compensation. The 30 year concession package was cancelled last year due to opposition. There were allegations of a c
    Read More

Highlighted Content