Guatemala highway contract awarded

SBI International Holdings will carry out US$93 million of road construction works in Guatemala. The works will be for the upgrading of four sections of road in Alta Verapaz and Quiche that measure just over 144km. The deal was awarded by Guatemala’s Ministry of Communications, Infrastructure and Housing (CIV). SBI International Holdings is a subsidiary of Israeli firm Solel Boneh International. A $100 million loan from Japan's International Cooperation Agency (JICA) has provided the necessary financing for
March 29, 2018 Read time: 1 min

SBI International Holdings will carry out US$93 million of road construction works in Guatemala. The works will be for the upgrading of four sections of road in Alta Verapaz and Quiche that measure just over 144km. The deal was awarded by Guatemala’s Ministry of Communications, Infrastructure and Housing (CIV). SBI International Holdings is a subsidiary of Israeli firm Solel Boneh International. A $100 million loan from Japan's International Cooperation Agency (JICA) has provided the necessary financing for the work to be carried out. The sections of road include a 33.6km stretch from Chicaman, through El Soch to Seca and a 36.54km section from Seca through Lancetillo and Saquixpec to El Paraiso. They also include a 45.6km section from San Juan Chactela to Ixcan and a 28.6km section from Lanquin to Cahabon. A contract has yet to be awarded for a fifth stretch of road.

Finance & Funding

Related Content

  • Realigning Kenyan bypass to avoid quagmire and ease congestion
    March 21, 2012
    Japanese consultants are planning to realign a Kenyan bypass, as Shem Oirere reports. Japanese consultants are resolving an engineering quagmire involving a 17.5km bypass in Kenya's Coast region. The new design realigning the bypass is underway by Japanese International Cooperation Agency (JICA) consultants. The road is an alternative link from the hinterland to the south coast and to the proposed Dongo Kundu Port. The 23m-wide bypass would also serve to reduce traffic congestion across the Likoni Channel t
    Read More
  • Romanian road tenders underway
    October 5, 2022
    Romanian road tender processes are now being carried out.
    Read More
  • Myanmar’s US$900mn Japanese loans for roads and other projects
    August 15, 2013
    Japan is to provide Official Development Assistance (ODA) loans worth more than US$900 million for road and other development projects in Myanmar. The multi-million dollar loan will be used for renovation and basic infrastructure in Yangon and for the Thilawa Special Economic Zone, said an official from Japan International Cooperation Agency (JICA). Currently, JICA is working on a master plan to develop Yangon, including more than 70 programmes that include renovation of the city's public transportation sys
    Read More
  • Romania road tender reopening
    February 9, 2023
    A major Romanian road tender is reopening.
    Read More

Highlighted Content