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

  • Highway widening project for the US
    April 19, 2018
    A highway widening project in the US state of New Hampshire is being assisted by the use of a gravity-fed asphalt paver. The widening work is being carried out as part of an upgrade for a 32km stretch of I-93, which was started eight years ago. The work is being carried out for the New Hampshire Department of Transportation (NHDOT) on a section of the highway between Exits 1 and 5 from the Massachusetts Stateline to Manchester, NH. According to NHDOT, the project involves widening I-93 from two lanes in
    Read More
  • Myanmar port road project planned
    April 19, 2018
    Plans are being drawn up for a new road link that will connect Myanmar’s main deep-sea port of Dawei with neighbouring Thailand. The development of the new route is being approved by Thailand’s Neighbouring Countries Economic Development Cooperation Agency (Neda). The project is expected to cost US$144.2 million and the road will be around 100km long. A full finance package has yet to be finalised for the project but a series of loans are being sought. Once complete, the road will connect the port of
    Read More
  • US$528 million loan for Indonesia port
    January 22, 2025
    A US$528 million loan will pay for an Indonesia port upgrade
    Read More
  • Healthy bidding for Poland's highway construction
    May 14, 2012
    Bidding is healthy for a section of dual carriageway in Poland linking Kurow with Lublin. The section is 60km long and has been divided by the Polish General Directorate for National Roads and Motorways (GDDKiA) into five separate bids.
    Read More

Highlighted Content