Venezuela’s new road projects planned

The Venezuela Government has plans in hand for 52 road projects that will commence during 2015. Close to US$42 billion will be invested in infrastructure projects. The Land Transport Ministry will invest $315 million and USD 911mn will be spent on road repairs and upgrades alone. Several major road projects are due to get underway and include the widening of the Valle-Coche highway and the La Rinconada-Caricuao and San Diego-Valencia tunnels. They also include the extension of the Francisco Fajardo road and
February 3, 2015 Read time: 1 min
The Venezuela Government has plans in hand for 52 road projects that will commence during 2015. Close to US$42 billion will be invested in infrastructure projects. The Land Transport Ministry will invest $315 million and USD 911mn will be spent on road repairs and upgrades alone. Several major road projects are due to get underway and include the widening of the Valle-Coche highway and the La Rinconada-Caricuao and San Diego-Valencia tunnels. They also include the extension of the Francisco Fajardo road and the second central pillar of the third bridge over the Orinoco River.
Road Structures Finance & Funding

Related Content

  • Venezuela: Valle-Coche motorway expansion to have largest viaduct
    April 17, 2015
    The Ministry of Land Transport in Venezuela has announced expansion plans for the Valle-Coche motorway in Caracas that will include the largest viaduct in Venezuela. The project, worth nearly US$200million, will involve work on 7km of road, an elevated section over the BusCaracas Los Ilustres bus station, bridges alongside the El Pulpo interchange, as well as another bridge over El Valle River. Bridges over the interchange will have four lanes in each direction and a fourth lane will be added to the r
    Read More
  • Key road projects in Venezuela have stalled
    September 15, 2017
    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.
    Read More
  • Costa Rica road project delay
    November 29, 2024
    A key Costa Rica road project faces delays and questions.
    Read More
  • Mexican authorities set out plan for infrastructure
    March 18, 2014
    The Mexican authorities have set out further details on the country’s ongoing infrastructure development plans. Mexico's Transport and Communications Secretariat (SCT) will commence the call for proposals process for highway projects worth a total of US$2.11 billion. The projects include the Paso Express de Cuernavaca, Tuxpan-Tampico highway, Ciudad Obrego by-pass and Barretal by-pass. They also include widening the Tlalpan and Puebla routes. Around $4.366 billion will be invested in roads in Mexico during
    Read More

Highlighted Content