Honduras is planning major road improvement works

Honduras is planning a series of major road improvement works. The focus of this road upgrade work will be improvements along the country’s Corredor Pacifico. The work is being planned by the Honduras Government and is expected to cost in excess of US$244.5 million. Financing is being provided by the Inter-American Development Bank (IADB) for work on the 137km stretch of road from Choluteca to El Amatillo, which will cost around $154 million. Meanwhile the 87.5km stretch from Tegucigalpa-Jicaro Galan is exp
October 5, 2016 Read time: 1 min
Honduras is planning a series of major road improvement works. The focus of this road upgrade work will be improvements along the country’s Corredor Pacifico. The work is being planned by the Honduras Government and is expected to cost in excess of US$244.5 million. Financing is being provided by the Inter-American Development Bank (IADB) for work on the 137km stretch of road from Choluteca to El Amatillo, which will cost around $154 million. Meanwhile the 87.5km stretch from Tegucigalpa-Jicaro Galan is expected to cost $90 million, with the work being carried out by the contractors Eterna and Sernaco and financing being provided by the Central American Bank for Economic Integration (CABEI).
Road Structures Finance & Funding

Related Content

  • Time extension for Paraguay project financing
    April 19, 2018
    A time extension has been offered to the consortium that will build Paraguay’s Ruta 2 and Ruta 7 highway projects. This extended period has been authorised by Paraguay’s Ministry of Public Works and Communications (MOPC). The highway contract is being handled by the Rutas del Este consortium, which is made up of the contractors Mota Engil, Ocho A and Sacyr. Originally the financing package for the highway deal was to have been in place by April 14th 2018. However the consortium’s deadline for the PPP
    Read More
  • Funding for Australian road works
    October 6, 2020
    Funding has been secured for South Australian road works.
    Read More
  • Work on a new highway is commencing in Morocco
    March 15, 2013
    Construction activity is commencing on a key highway link in Morocco. Preparation work for the El Jadida-Safi motorway has been underway since September 2012. This new highway will stretch 143km and will connect El Jadida to Jorf Lasfar, Sidi Smail, Sidi Bennour, Oualidia and finally Safi. The work is being split into four sections. The project is expected to cost US$632.5 million and will be financed in part by the European Investment Bank, which has agreed to invest close to $326 million. The Arab Fund fo
    Read More
  • Tunis ring road plan being formed
    June 6, 2013
    The Tunisian Government is setting out plans for a new ring road to be constructed in the Greater Tunis area. This 80km ring road project is expected to cost in the region of US$365 million to construct. The project forms part of a series of works in the country intended to improve connectivity. Tunisia is being connected to the new North African highway, which will run some 5,600km in total from Morocco to Egypt when it is complete. However Tunisia, like many North African nations, does have a comparativel
    Read More

Highlighted Content