Skip to main content

Honduran highways having US support

Support for the development of the Honduran highway network is coming from the US. The Millennium Challenge Corporation (MCC), a US Government body, is currently hoping to hire a consultancy that will be able to advise the Honduran Government on developing its highway concession programme, reports Business News Americas. The winner of this process will assist the Honduran infrastructure and public services ministry (Insep) and the superintendent of public-private partnerships in managing road concessions. K
September 8, 2014 Read time: 1 min

Support for the development of the Honduran highway network is coming from the US. The 2707 Millennium Challenge Corporation (MCC), a 908 US Government body, is currently hoping to hire a consultancy that will be able to advise the Honduran Government on developing its highway concession programme, reports Business News Americas. The winner of this process will assist the Honduran infrastructure and public services ministry (Insep) and the superintendent of public-private partnerships in managing road concessions. Key projects in focus will include a logistical corridor, a tourism corridor and the Lenca corridor. The period of the initial consultancy package will be for 12 months, with possible extensions. MCC is offering to finance the consultancy process as part of a three-year, US$15.7 million programme aimed at improving PPP processes in Honduras.

For more information on companies in this article

Related Content

  • Uruguay’s transport investment is seeing major gains
    August 1, 2017
    Uruguay’s road development programme will help deliver economic growth for the future - Gordon Feller reports. Uruguay is embarking on a new nationwide programme to rehabilitate 890km of roads, and the government intends to improve an additional 260km of dangerous highways and roads. This three-year programme aims to reduce traffic accidents, in part thanks to a US$70 million loan recently authorised by the World Bank’s board of directors. The new operation uses a special financing instrument known as “Prog
  • Rajasthan Mega Highways boost trade, tourism
    February 17, 2012
    Rajasthan is one of the most favoured tourist destinations of India for both domestic and international traffic on account of its rich array of historical forts, palaces, art and culture.
  • Rajasthan Mega Highways boost trade, tourism
    April 12, 2012
    Rajasthan is one of the most favoured tourist destinations of India for both domestic and international traffic on account of its rich array of historical forts, palaces, art and culture. In terms of area, Rajasthan is the country's largest state. Its size and strategic location means that it is traversed by substantial traffic linking the neighbouring states to the north and south. The National Highway (NH) road corridors currently accommodating this traffic are the NH-8, NH-11, NH-12, NH-14 and NH-1
  • Spanish highway project to get EIB A-rated bond issue?
    April 20, 2012
    The European Investment Bank (EIB) is reported to be in talks with the sponsors of the A-66 Benavente-Zamora highway public private partnership (PPP) in Spain over a possible bond financing deal, which would see the Bank provide subordinated debt for an A-rated bond issue. The possible bond issue would be a further greenfield project to launch the European Union’s Project Bond 2020 initiative, with its initial pilot stage being managed by the EIB.