Honduras boosts its road budget for 2016

The Ministry of Infrastructure has boosted its budget for 2016 to US$1.65 billion, an increase of $60.2 million over last year. According to a report by La Prenza, road projects include renovation of around 69km of the Tegucigalpa-Catacamas route and continuation of the San Francisco de la Paz-Puerto Castilla road. The ministry also said it will improve 80km of rural roads in indigenous areas and will undertake 332km of refurbishment on other roads. Earlier this month, World Highways reported that
December 18, 2015 Read time: 1 min
The Ministry of Infrastructure has boosted its budget for 2016 to US$1.65 billion, an increase of $60.2 million over last year.

According to a report by La Prenza, road projects include renovation of around 69km of the Tegucigalpa-Catacamas route and continuation of the San Francisco de la Paz-Puerto Castilla road.

The ministry also said it will improve 80km of rural roads in indigenous areas and will undertake 332km of refurbishment on other roads.

Earlier this month, World Highways reported that construction of the 392km highway running across Honduras is underway and will link the Atlantic and Pacific coasts.

Also, discussions continue regarding the bypass around the city of San Pedro Sula as well as other municipalities in Valle de Sula. The bypass is costing an estimated $120 million and a consortium has looked at six possible routes. Funding for the route has still to be sourced.
Finance & Funding

Related Content

  • Russia to commission new Moscow-St Petersburg highway by 2020
    June 20, 2017
    Final delivery of the final stretch for Russia’s key highway project looks set to be delayed – Eugene Gerden writes. I now looks as if Russia’s most ambitious project in the field of road building in recent years, the building of a new high-speed road link between Moscow and St Petersburg, the country’s largest cities, will not be complete in time. The project was set up by the Russian government and several private investors. According to initial state plans, building of the new road should have been compl
    Read More
  • Road transport key to Africa's trade links
    February 17, 2012
    Road transport is the key to improving Africa's links within its own territory, and further afield as Patrick Smith reports. Development of road transportation is the key to the future of the African economy, and countries on the continent are making great strides. According to a report by a transport infrastructure expert at the New Partnership for Africa's Development (NEPAD), within the next 15 years the value of trade in Africa could reach US$250 billion if a $32 billion investment is made to integrate
    Read More
  • Sacyr enters Paraguay road sector
    October 25, 2016
    Sacyr subsidiary Sacyr Concesiones is leading a consortium to will build and operate the Road 2 and Road 7 routes in Paraguay. The Road 2 route will connect Asunción and Coronel Oviedo. Meanwhile the Road 7 route will run from Coronel Oviedo to Caaguazú. Construction is expected to cost US$520 million with the concession package being for a period of 30 years. The Route 2 and Route 7 combined deal is of note as this will be Paraguay’s first PPP for a highway project. The consortium is headed by Sacyr Conces
    Read More
  • Highway developments to boost east-west transport
    April 4, 2012
    Huge highway developments are being planned and carried out to further improve East-West transport, with Central Asia a key region as Patrick Smith reports History was made in late 2010, when one of the biggest road building projects ever envisaged in Eastern Europe was given the green-light. It was the occasion when Russian president Dmitry Medvedev signed a law that would allow his country to build its segment of a huge highway around the Black Sea. The idea is to complete the 7,140km highway, wi
    Read More

Highlighted Content