Key road projects in Venezuela have stalled

A series of key road projects in Venezuela have fallen victim to the country’s overall financial paralysis, a result of its plummeting economy and its disastrous political climate. Insufficient finances have seen work to construct the La Verota-Kempis, Circunvalacion Sur-Caracas and Caracas-La Guaira highways now being stalled for two years.
September 15, 2017 Read time: 2 mins

A series of key road projects in Venezuela have fallen victim to the country’s overall financial paralysis, a result of its plummeting economy and its disastrous political climate. Insufficient finances have seen work to construct the La Verota-Kempis, Circunvalacion Sur-Caracas and Caracas-La Guaira highways now being stalled for two years. Although these projects were deemed priorities to develop transport in the capital Caracas and the immediate area around the city, Venezuela’s financial crisis has resulted in the delays. Although the Ministry of Transport hopes to be able to restart construction, it is not clear where the necessary financing will be sourced from. Construction work has only been carried out on a 4.4km section of the 36km La Verota-Kempis highway that will connect Barlovento to Los Valles del Tuy so far. Some earthmoving work has been carried out for the the 32km Circunvalacion Sur-Caracas highway that will connect La Rinconada with Caricuao. The construction of this section of highway will be complex as it will feature 13 tunnel sections as well as eight viaducts. Although Portuguese contractor Teixeira Duarte won the tender to build a 7km link between Cota Mil and Caracas-La Guaira, work is also stalled on the project.

Road Structures Finance & Funding

Related Content

  • Nepal plans road infrastructure expansion
    March 12, 2014
    Major road expansion is planned for Nepal, but will face huge challenges due to the country’s geography - Mike Woof reports, with local information from World Highways' Nepal correspondent, Ram Krishna Wagle The tiny, landlocked nation of Nepal lies sandwiched between two of the world’s largest countries, China and India and maintains good relations with both. Politically Nepal has strong links with China, while culturally its ties are close with India and these relationships work both ways. Despite bein
    Read More
  • A new highway for northern Colombia
    July 17, 2023
    The Pamplona-Cúcuta highway is playing an important role for the development of northern Colombia
    Read More
  • Learning from Russia's controversial road project
    February 9, 2012
    The International Road Federation (IRF), founded in 1948, is the only world forum advocating better and safer roads through better road design and construction bearing in mind the user. It is a unique institution that brings together members active in road infrastructure from both the private and public sectors. The IRF promotes roads that are safe, economically viable and ecologically friendly. The IRF believes that a sound road infrastructure brings prosperity, fights poverty, furthers education and gi
    Read More
  • Major Necaxa-Tihuatlan Highway project for Mexico
    October 1, 2014
    A new highway in Mexico is connecting Necaxa with Tihuatlan and the project features challenging terrain - Mauro Nogarin reports In Mexico a landmark highway project is now close to completion, having set a number of records for Latin America.
    Read More

Highlighted Content