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

  • Guatemala targets repairs to 40% of its roads
    November 27, 2018
    Guatemala will repair around 1,800km of the country's 6,000km of roads.
    Read More
  • Vietnam highway project completed by OHL
    September 7, 2017
    Work is now complete on the US$76.3 million highway project providing a key link between the North and the South of Vietnam at Da Nang city. This 13km project was carried out by Spanish contractor OHL, having been awarded in 2014 by Vietnam Expressway Corporation. Financing for the work came from the Japan International Cooperation Agency (JICA). Meanwhile OHL is also building a 544m viaduct over the Lanch Tray River in Vietnam that will provide a new link to the coastal city of Hai Phong.
    Read More
  • Colombian highway projects under development
    June 29, 2018
    A finance package has been secured in Colombia for the Autopista al Mar 1 highway project. A loan worth close to US$206 million is being provided by the national development bank, Financiera de Desarrollo Nacional (FDN). The highway forms part of Colombia’s 4G infrastructure development plan and the finance package will be provided in three separate tranches. The construction work is being carried out by a consortium comprising Strabag, Concay and Sacyr Concesiones. The project will upgrade the 71km
    Read More
  • Vietnam plans highway building
    February 24, 2012
    Vietnam Expressway Corporation (VEC) reports strong interest in for the 58km Ben Luc-Long Thanh expressway project.
    Read More

Highlighted Content