Skip to main content

Guatemala road project funding benefiting from foreign input

Foreign investors are playing a major role in funding work to develop Guatemala’s road infrastructure. For 2018, 74 of the projects being planned in Guatemala will be funded through foreign sources. However in all the Guatemalan Government has planned some 2.312 projects in all in its budget for 2018. Some US$131.85 million will be aimed at road works. Four projects are being planned to develop the road link connecting Alta Verapaz and Quiche. Another major road project being planned is for the CA-9 highway
October 9, 2017 Read time: 1 min

Foreign investors are playing a major role in funding work to develop Guatemala’s road infrastructure. For 2018, 74 of the projects being planned in Guatemala will be funded through foreign sources. However in all the Guatemalan Government has planned some 2.312 projects in all in its budget for 2018. Some US$131.85 million will be aimed at road works. Four projects are being planned to develop the road link connecting Alta Verapaz and Quiche. Another major road project being planned is for the CA-9 highway project while improvements will be carried out on the Belice Bridge.

Related Content

  • Odebrecht wins Brazilian highway concession
    November 29, 2013
    Odebrecht has been awarded a concession for Brazil’s important BR-163 federal highway route. The 851km section of highway runs through Mato Grosso state and the deal is worth some US$2 billion, according to a report by Business News Americas. As part of its contract, Odebrecht will have to widen a 454km stretch of the route within five years and is also required to build nine new toll booths.
  • Malaysia’s massive road building project is advancing the use of technology
    August 10, 2020
    Malaysia’s huge Pan Borneo Highway project is benefiting from the use of some of the latest technologies in its planning, design and construction
  • New road links will cut congestion in St Petersburg
    June 20, 2016
    Road building will solve the problem of traffic jams in St Petersburg – Eugene Gerden writes The authorities in Russian city St Petersburg plan to solve the problem of traffic jams in the city during the next few years. The strategy is expected to be achieved through road building and the improvement of transport connections between different districts in the city. Implementation of these plans will take place as part of the decree 355 "Of the Strategy of St Petersburg Economic and Social Development
  • Serbia’s pan-European Corridor X is in the slow lane
    October 23, 2017
    It’s been slow progress on Serbia’s Corridor X project. Gordon Feller reports. Back in the early 2000’s, the European Union undertook an ambitious programme to link the main cities of its south-eastern region. This involved connecting five key seaports – the Greek cities of Patras, Igoumenitsa, Piraeus and Thessaloniki as well as Romania’s Black Sea city of Constanta. Initially the plan involved two motorways across Greece. The first was a new 780km route including a branch to Ormenio on Greece’s north-eas