Financing for Ecuador road rebuilding

Financing has been secured for road rebuilding work in Ecuador. The Development Bank of Latin America (CAF) will provide US$192 million for road maintenance work. The deal was agreed with Ecuador’s Ministry of Transport and Public Works. As a result of the deal, road repairs and improvements will now be carried out in Napo, Manabí, Esmeraldas, Chimborazo, Canar, Azuay and Orellana. New construction machines, 43 in all, are being supplied for the work.
November 21, 2018 Read time: 1 min

Financing has been secured for road rebuilding work in Ecuador. The 5516 Development Bank of Latin America (CAF) will provide US$192 million for road maintenance work. The deal was agreed with Ecuador’s Ministry of Transport and Public Works. As a result of the deal, road repairs and improvements will now be carried out in Napo, Manabí, Esmeraldas, Chimborazo, Canar, Azuay and Orellana. New construction machines, 43 in all, are being supplied for the work.

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