Skip to main content

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.

For more information on companies in this article

Related Content

  • Nicaragua building new coastal highway
    January 26, 2017
    Nicaragua is planning to build a new coastal highway that will improve transport connections between capital Managua and Rivas in the south of the country. Work on the design of the first section of the new highway is now commencing. The route will run close to Nicaragua’s Pacific Coast and is intended to boost trade and transport. The contractor that will carry out the construction work has yet to be finalised although initial plans had suggested that the firm Inocsa-Edicro would be responsible. A 131km hi
  • Funding found for Paraguay’s planned projects
    December 13, 2013
    The authorities in Paraguay have agreed a funding package with the Latin American Development Bank (CAF) for a series of infrastructure projects in the country. The funding comes in the shape of a US$222 million loan and this is the first time that the CAF has approved funding of this size for the country. This will provide partial funding for the Programme for the Improvement of Integration Corridors and Road Reconstruction. Projects included in this include resurfacing of a 73km section of road in Neembuc
  • Funding found for Colombia road development projects
    November 9, 2017
    Funding is being provided for our projects that form part of Colombia’s 4G road development programme. The Inter-American Development Bank Group’s private sector subsidiary, IDB Invest, is supplying close to US$207 million for the four road projects to the development firms handling the works. IDB Invest is in turn borrowing the sum from Colombia’s national development bank Financiera de Desarrollo Nacional (FDN). In all Colombia’s 4G programme calls for $18 billion of construction works to be carried out.
  • Highway developments to boost east-west transport
    February 16, 2012
    Huge highway developments are being planned and carried out to further improve East-West transport, with Central Asia a key region as Patrick Smith reports