Plans in hand to expand Nicaragua’s highways

Plans are now in hand to develop the highways of Nicaragua, a Central American country that has suffered from poor infrastructure investment in the past. The funding will come from the Inter-American Development Bank (IADB). Some US$91.5 million has been approved by the IADB to finance highway projects in Nicaragua between 2014 and 2018. While this sum may not seem as substantial as the investment being seen in other countries around the world, it will make an enormous difference to this small Central Ameri
October 2, 2013 Read time: 2 mins
Plans are now in hand to develop the highways of Nicaragua, a Central American country that has suffered from poor infrastructure investment in the past. The funding will come from the 2791 Inter-American Development Bank (IADB). Some US$91.5 million has been approved by the IADB to finance highway projects in Nicaragua between 2014 and 2018. While this sum may not seem as substantial as the investment being seen in other countries around the world, it will make an enormous difference to this small Central American nation, which has been starved of funding in recent decades. Key routes to be upgraded and repaired include a 36.4km section of highway between Villa 15 de Julio and Malpaisillo, a 24.7km section of road between Boaco and Muy Muy and a 31.4km of road linking Chinandega and El Guasaule. Meaanwhile Nicaragua’s Government I planning the tender process for highway connecting La Paz and Malpaisillo, which is expected to cut reduce journey times by 40 minutes.
Road Structures

For more information on companies in this article

Related Content

  • Brazil opening tender processes for highways, tunnels and road repairs
    July 4, 2014
    A series of tenders for major highway, tunnel and road repair projects are being opened in Brazil. The country’s national transport infrastructure department, DNIT, has set out plans for a series of tenders, all of which form part of phase 2 of the country's growth acceleration plan, PAC. The first of the key projects opening for tender will be the new Morro dos Cavalos tunnel, which will be constructed in the southern state of Santa Catarina. This 1.36km tunnel will be built in the city of Palhoça and form
    Read More
  • Colombia sets road concession plan in progress
    July 14, 2015
    A series of road concessions will be put out to tender in Colombia. The country’s government intends to put 11,000km of road projects out for concession by December 2018. So far 34 of the 4G highway tenders have been set into motion, including 17 as contracts, another 14 that have been awarded and three that are in the process of being awarded. Two projects from the second phase of the 4G road programme, the Sisga-El Secreto highway and the Puerta de Hierro project, have been given the green light to start
    Read More
  • Russia’s trans-continental route
    August 10, 2018
    Russia is spending US$10 billion on building a 2,000km section of road connecting China with the EU – Eugene Gerden reports Russia has now started building a 2,000km section of a new transcontinental route, which will connect China and the EU. According to senior officials from the Russian Ministry of Transport, which is implementing the project, the new road, will be known as the Meridian and will stretch through the Russian territory that borders with Kazakhstan and Belarus. This route forms the Russian
    Read More
  • Chile highway construction works planned
    May 12, 2017
    The Chilean Government is planning a series of major highway projects with the Ministry of Public Works (MOP) managing the works. The plans call for 14 concessions worth a total of US$3.74 billion to be awarded by January 2018. The second stage of Americo Vespucio Oriente highway (AVO 2) is costing $800 million and is a priority project. This has been delayed already and opening of the route is now expected for 2022. Five regional highways are also opening for tender, including the Ruta G-21 road link, whic
    Read More

Highlighted Content