Nicaragua projects receive Japanese funding

Japanese financing will help pay for new bridges in Nicaragua. The funding package is worth nearly US$43 million and is being provided by the Japan International Cooperation Agency (JICA). The four bridge will be constructed on the road that connects Rio Blanco and Siuna in Nicaragua’s North Caribbean Coast Autonomous Region (RACCN). The agreement has been settled between JICA and the Nicaraguan Government. The new bridges will help improve connections between the Pacific Coast Coast and the Caribbean Coast
August 9, 2017 Read time: 2 mins

Japanese financing will help pay for new bridges in Nicaragua. The funding package is worth nearly US$43 million and is being provided by the 2416 Japan International Cooperation Agency (JICA). The four bridge will be constructed on the road that connects Rio Blanco and Siuna in Nicaragua’s North Caribbean Coast Autonomous Region (RACCN). The agreement has been settled between JICA and the Nicaraguan Government. The new bridges will help improve connections between the Pacific Coast Coast and the Caribbean Coast, part of a plan managed by Nicaragua’s Transport and Infrastructure (MTI). Construction work is underway at present to build a new 73km road connecting Bluefield on the country’s Caribbean coast with Nueva Guinea on the Pacific Coast, with the first 26.5km close to completion. Nicaragua has had a pressing need to improve road transport connections between its two coasts, which will help boost economic development in and around Bluefields in particular.

Road Structures Finance & Funding

For more information on companies in this article

Related Content

  • East Africa’s dream of a ‘Silk Road’ in sight
    October 22, 2021
    East Africa’s dream of a ‘Silk Road’ route to boost trade and transport is now in sight
    Read More
  • New bridge over Nile will help landlocked Uganda
    April 3, 2013
    A new River Nile bridge is essential to boost trade and improve traffic in landlocked Uganda. Shem Oirere reports A new bridge across the River Nile at Jinja, to be constructed by Uganda, is promising to boost trade in eastern Africa and pave the way for smooth and safe traffic in and out of this landlocked country. The bridge, also known as the Second Nile Bridge, is the first cable-stayed bridge in the region and will be constructed at Njeru, 80km east of the Ugandan capital Kampala, along the Kampala-Jin
    Read More
  • New road planned to help cut congestion in Nicaragua’s capital Managua
    June 9, 2017
    A series of road projects planned for Nicaragua’s capital Managua will help cut congestion at peak periods. Five separate projects are planned, with a total cost in excess of US$353 million, with the key link being the 16km bypass from Ticuantepe to Nejapa.
    Read More
  • Kenyan key contract being built by Bechtel
    August 9, 2017
    Bechtel has won a major project to build and important highway link in Kenya. This will be the first long stretch of high-speed expressway in Kenya and will connect the capital, Nairobi, with the country’s main port, Mombasa. The project for the 473km connection is being supported with financing from US and UK sources. Once the new route is open to traffic, journeys between Nairobi will take just four hours by road, instead of 10 at present.
    Read More

Highlighted Content