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.

Finance & Funding

For more information on companies in this article

Related Content

  • New Brazilian highway tender opening
    January 28, 2014
    The tender process is opening for a highway project in Brazil's southern Paraná State. The project will be carried out under the PPP model and the deal is worth some US$3.21 billion. The package of works necessary will require widening, improving, maintaining and operating state highway PR-323 as well as a number of adjacent roads. The package is for a 30-year concession and involves widening 207km of highway between the towns of Paiçandu and Francisco Alves in the northeast of the state, according to a rep
    Read More
  • Trimble technology could slice a third off the new highway costs in Indonesia’s US$400 billion infrastructure plan
    February 21, 2014
    Cutting-edge Sandvik Construction equipment is said to be giving ambitious Argentinian quarry firm Canteras Amadeo a commercial advantage .Starting life as a one-quarry enterprise in Córdoba, Argentina, in 1999, Canteras Amadeo is a flourishing business with additional operations in Cordoba and Santiago del Estero. Key to its success is said to be its owners’ embrace of technological improvement, and their choice of Sandvik equipment to improve their processes.
    Read More
  • Funding road research in Kenya as infrastructure development grows
    August 14, 2017
    The demand for road construction material research and testing services in Kenya is expected to soar. The East African country is going through a construction boom, despite policy and financial challenges facing public institutions overseeing the research and testing operations in the transport industry. “Kenya is going through a construction boom and so is the demand for construction material testing services,” said Juma Ali Madzitsa, Geotechnical Lab Supervisor at SGS Kenya, a subsidiary of Swiss based in
    Read More
  • ITS innovation will benefit transport in the Middle East
    May 29, 2013
    *Zeina Nazer, secretary general of ITS-Arab, introduces the rapid evolution of Intelligent Transport Systems in the Middle East and North Africa and talks about the special challenges and opportunities this represents, both for the industry and her organisation. Over the past six years, ITS-Arab has focused on promoting Intelligent Transport Systems (ITS) at the policy and decision making echelons, while developing ITS specifications at a project design level throughout the Middle East and North Africa (MEN
    Read More

Highlighted Content