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

  • Road projects in the Philippines will benefit from Japanese funding
    June 13, 2019
    Road works in the Philippines will benefit from funding being provided by Japan.
    Read More
  • Bosnia highway funding discussions
    May 10, 2019
    Discussions are being held with regard to funding for the Sarajevo to Belgrade highway link. The project is likely to cost around €3 billion to construct. The two cities lie around 194km apart but the current road route measures some 308km and takes close to six hours to drive. Building the new highway will reduce the distance and cut journey times considerably, as well as boosting safety and capacity.
    Read More
  • Moldova is investing in upgrading highway links
    September 11, 2013
    A €150 million budget has been set aside by the Moldavian Ministry of Transport and Road Infrastructure for upgrades to 200km of the country’s major highway links. The funding is coming in the shape of a loan from the European Bank for Reconstruction and Development (EBRD). In addition the US Government’s Millennium Challenge Corporation (MCC) is investing a further US$132 million in its Moldovan Compact agreement. The EBRD loan will be used to improve sections of the R33 Hincesti-Lapusna-M1 road to the Rom
    Read More
  • Key Cambodian construction contract for road repairs
    August 15, 2014
    The Cambodian Government is benefiting from several financial packages aimed at improving the country’s road network. The Asian Development Bank (ADB) is providing a financial support package worth a total of US$118 million that will be used for the Rural Roads Improvement Project II in the country. The package comprises funds from several sources, with a grant worth $5.4 million from the Nordic Development Fund (NDF) and another grant worth $6.67 million from the Australian Government of Australia. It incl
    Read More

Highlighted Content