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

  • Latin America invests in infrastructure growth
    February 15, 2012
    Travelling in one of the world's most diverse regions is not always easy, but spectacular engineering feats will make life easier as Patrick Smith reports. Five years ago a report from the World Bank noted that infrastructure in most of Latin America and the Caribbean (LAC) had improved over the previous ten years.
    Read More
  • British Columbia decides on Massey Tunnel
    August 20, 2021
    Canada’s Pacific coast province of British Columbia has announced the George Massey Tunnel replacement will be another tunnel and not a bridge as decided earlier.
    Read More
  • Costa Rica road projects moving forward - slowly
    July 18, 2017
    Costa Rica is moving ahead with a series of major road projects, but progress is proving slower than anticipated or desired. The Costa Rica Government is struggling to achieve satisfactory progress with its overall road improvement programme. So far the key focus has been on maintaining existing links rather than building and improving road connections. The country’s National Laboratory for Structural Material and Models (Lanamme) has produced a report revealing that 85% of the national roads are in accepta
    Read More
  • Bolivian project moving forward
    February 24, 2012
    Bolivia's 306km Villa Tunari-San Ignacio de Moxos road is due for completion in 2014. The new road will provide and important link for the departments of Beni and Cochabamba
    Read More

Highlighted Content