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

  • The island of Mauritius is benefiting from new road links
    December 11, 2013
    The island of Mauritius is looking to expand its road links with upgraded highway infrastructure Aseries of road improvements are underway on the scenic island of Mauritius, which lies in the Indian Ocean around 2,000km off the coast of South-east Africa. Called the Road Decongestion programme, this has been set up by the Mauritius Government in a bid to improve transport and safety in this small island nation.
    Read More
  • Kenya’s new road connection for port
    December 1, 2017
    Kenya is on track to build a new highway connection from the port of Lamu to Isiolo. The project is for a 530km highway and will cost US$620 million, with the route running through Garissa. The final route has yet to be identified but it seems likely that the highway will skirt a number of the country’s protected areas that are subject to tight environmental requirements and on which Kenya relies for much of its tourist trade. The project will be carried out by the Lamu Road Consortium (LRC), which comprise
    Read More
  • Indian road improvement
    February 29, 2012
    Some 433km of roads in six states in India's North East region will be upgraded in work that forms part of the North Eastern State Roads Investment Programme.
    Read More
  • Uzbekistan road rebuild receives majority WB funding
    January 31, 2017
    Uzbekistan is introducing a new road development programme. The majority of the necessary funding for the work is being provided by the World Bank (WB). The financing for the projects is being delivered in the shape of a series of loans worth a total of US$200 million, although the specific terms of deal have not so far been released. In all 394km of roads are being rebuilt under the programme, which is intended to boost transport in the country. Some $240 million is required in all to pay for Uzbekistan’s
    Read More

Highlighted Content