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

  • Slovakia’s Cabinet to have final say on D4 Bratislava bypass
    February 9, 2016
    The government of Robert Fico has said it will decide the fate of the controversial €1 billion Bratislava bypass, the D4 motorway project, possibly ahead of a national parliamentary election next month. Fico, who also was prime minister from 2006-2010, was re-appointed after leading his Direction Social Democracy party (SMER-SD) to a landslide victory in the 2012 parliamentary election. His party won 83 seats and formed an absolute majority government, Slovakia’s first since 1989. Controversy continue
    Read More
  • Testing time for Tlicho all-season gravel road in Canadian north
    January 27, 2020
    Contractors on the 97km Tlicho all-season gravel road in Canada’s far north are on site despite not having all proper approvals, according to Canadian media.
    Read More
  • Five consortia vie for Paraguay’s first phase of bi-oceanic corridor
    March 14, 2016
    Five consortia are vying for the contract to pave 255km of Paraguay’s bi-oceanic corridor project - the Loma Plata-Carmelo Peralta road paving works. The five consortia are INECS, EPI, ACI Proyectos Cialpa, Geocon-MCSA and Loma Plata. The 255km contract is the first phase, costing US$300 million, of a 1,045km overall corrider that will need around $926 million. Tenders for the first phase were launched in November covering the section between Carmelo Peralta, Cruce Centinela and Loma Plata in the w
    Read More
  • Lithuania: EIB to issue loan for Vilnius-Utena A14 highway
    September 21, 2016
    The European Investment Bank (EIB) is looking at issuing a €40 million loan towards reconstruction of Lithuania's Vilnius-Utena A14 highway. According to a notice by the EIB earlier this year, the project includes reconstruction of 58km highway, the main traffic artery between the capital and north-eastern regions of Lithuania. The government intends to procure the project as a public-private partnership under a 13-year concession contract, including a 3-year construction period. The bank noted that t
    Read More

Highlighted Content