Funding for Nicaragua road improvements

Road improvements in Nicaragua will now be paid for through a loan from the Central American Bank for Economic Integration (CABEI). The US$238 million loan will fund a series of upgrades to a total of 194km of key road connections in the country. A further $5 million of funding is being provided by the Nicaraguan Government. The work will form the country’s seventh programme for road improvements will commence in 2018 with six separate projects being carried out.
November 9, 2017 Read time: 1 min

Road improvements in Nicaragua will now be paid for through a loan from the 863 Central American Bank for Economic Integration (CABEI). The US$238 million loan will fund a series of upgrades to a total of 194km of key road connections in the country. A further $5 million of funding is being provided by the Nicaraguan Government. The work will form the country’s seventh programme for road improvements will commence in 2018 with six separate projects being carried out.

Finance & Funding

For more information on companies in this article

Related Content

  • El Salvador’s new road projects
    September 7, 2022
    El Salvador is planning major new road projects.
    Read More
  • Highway work planned for Serbia
    August 10, 2012
    A series of major highway construction and road repair projects is planned for Serbia. The World Bank (WB), the European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD) have all been in talks with the Serbian Government concerning funding for the work. Funding worth €408.46 million has been approved by the three banks for programme of highway construction and road repairs.
    Read More
  • US$380.88mn cost of Norberto Odebrecht’s Guatemala road project
    December 20, 2012
    Works to widen a section of the CA-2 Occidente motorway in Guatemala will cost US$380.88 million (GTQ 3bn). The project, awarded to Brazilian construction firm Norberto Odebrecht, will see the key route widened to four lanes between Cocales and the border with Mexico. Brazil's BNDES bank and the Central American Bank for Economic Integration (CABEI) are financing the works, which is due to begin in February 2013.
    Read More
  • Sri Lanka rural road programme developed
    December 1, 2017
    Sri Lanka is setting out plans for improvements to around 3,400km of rural roads. The work will largely be paid for through a loan from the Asian Development Bank (ADB). The work will cost US$172.1 million in all, of which $150 million will be in the shape of the ADB loan and the remaining $22.1 million coming from the Sri Lankan Government budget.
    Read More

Highlighted Content