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

  • IRF Global Road Achievement Awards Laureate city Road Improvement Project
    November 30, 2015
    Thiruvananthapuram, the capital city of Kerala (India) had been witnessing rapid urbanisation. The government of Kerala implemented the Thiruvananthapuram City Road Improvement Project (TRCIP) to widen the existing 42km of existing road network to cater the needs of rapid urbanisation.
    Read More
  • Romanian road works moving ahead
    December 9, 2022
    Romanian road works are now moving ahead.
    Read More
  • Modified asphalt trials in Brazil
    October 17, 2012
    An urgent need to improve and extend its road network means that Brazil is open to innovation and new ideas - the timing looks good for Kraton and its highly modified asphalt. Kristina Smith reports On 15th August Brazilian president Dilma Rousseff announced a US$66 billion (BRL 133 billion) investment package for the country’s road and rail networks. Of that, $21 billion (BRL 42 billion) is earmarked for the upgrade or construction of 7,500km of highways through a series of concessions. “We’re starting an
    Read More
  • Thiruvananthapuram City Road Improvement Project to tackle congestion
    November 19, 2015
    Thiruvananthapuram, the capital city of Kerala (India) had been witnessing rapid urbanisation. The government of Kerala implemented the Thiruvananthapuram City Road Improvement Project (TRCIP) to widen the 42km of existing road network to cater for the needs of rapid urbanisation. The government of Kerala started the initiative with the Enactment of Kerala Road Fund Act in 2001 and setting up of the Kerala Road Fund Board (KRFB) in 2004 to approve the Public Private Partnership arrangements and allocate
    Read More

Highlighted Content