Series of new road projects in planning for Guatemala

A series of major road projects in Guatemala now look set to go ahead. A US$340 million loan from the Brazilian National Development Bank (BNDES) will most likely fund work to widen the 131km Mayuelas-Puerto Santo Tomas de Castilla route to four lanes. A final decision on the financial package required for this project is due in September 2014. Meanwhile the tender process is opening for a 100km stretch of road running through El Rancho, San Agustin Acasaguastlan, El Progreso to Mayuelas, Gualan, Zacapa. Th
August 14, 2014 Read time: 1 min

A series of major road projects in Guatemala now look set to go ahead. A US$340 million loan from the 3432 Brazilian National Development Bank (BNDES) will most likely fund work to widen the 131km Mayuelas-Puerto Santo Tomas de Castilla route to four lanes. A final decision on the financial package required for this project is due in September 2014. Meanwhile the tender process is opening for a 100km stretch of road running through El Rancho, San Agustin Acasaguastlan, El Progreso to Mayuelas, Gualan, Zacapa. The engineering study has been submitted for this project, which is expected to cost some $219 million. Widening work on the Escuintla-Ciudad Pedro de Alvarado, Jutiapa road to four lanes will commence on the 5th September 2014.

Road Structures Finance & Funding

For more information on companies in this article

Related Content

  • 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
  • Nepal's upgraded links
    May 25, 2012
    The Indian Government is providing assistance for road construction work in neighbouring Nepal. This assistance is for building the Kulekhani – Kathmandu road section, which will be widened and upgraded with an asphalt surface. The road will be widened to 7.5m and the work is being carried out by Indian Contractor Golden Goods. Meanwhile asphalt surfacing work is has now been completed on Nepal’s Hetauda-Bhimphedi-Kulekhani-Pharphing-Chaimale road Section. Surfacing work is in hand on the remaining 21km sec
    Read More
  • Honduras hopes for new highway connection
    August 21, 2014
    A new road planned in Honduras will connect San Pedro Sula with Puerto Cortes. The project cost has been estimated at US$150 million. Plans also include additional works to help reduce congestion in San Pedro Sula. Coalianza is the agency in Honduras that handles the promotion of public-private partnerships (PPPs) and has said that the tender process is due to commence in October 2014.
    Read More
  • Tunnel project of Chilean capital Santiago
    April 8, 2015
    Tunnel construction in Chilean capital Santiago will help cut chronic congestion – Mauro Nogarin & Mike Woof write. Chile’s capital Santiago is a thriving city having benefited from the country’s economy growing strongly in recent years. The massive copper mining sector has helped boost the country’s GDP significantly in the past few decades, also aided by the growing international reputation of Chile’s large wine industry. The steady economic growth has resulted in an equally steady growth in average incom
    Read More

Highlighted Content