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

  • Worldwide machine sales growing
    July 18, 2012
    Steady growth in machine sales reflects global demand for construction equipment - Mike Woof reports Keynote speakers at the UK’s Construction Equipment Association (CEA) recent annual general meeting revealed steady demand for new machines worldwide. Although Europe’s economy remains troubled, worldwide machine sales are strong and exports are providing huge turnover for manufacturers. Colin Timms of Off-Highway Research said that global equipment sales last peaked in 2007 at $98 billion, falling to $55 b
    Read More
  • Cuenca pushes ahead with 50km ring road
    September 2, 2015
    The Ecuadorian city of Cuenca, a UNESCO World Heritage Site, is in discussions with contractors for construction of a 50km ring road. The city – whose full name is Santa Ana de los cuatro ríos de Cuenca - is the capital of the highland Azuay province and around 2,500m above sea level. It has a population of around 400,000 rising to 700,000 in the larger metro area. Ecuadorian media reports put the cost of the road at around US$600 million. The initiative will be financed by the private sector and the winn
    Read More
  • Michoacan state, Mexico to see multi-million dollar infrastructure investment
    March 14, 2014
    Roads and other infrastructure in the Mexican state of Michoacan will benefit from an US$827.84 million (MXN 11 billion) investment, according to Mexico’s Secretariat of Communications and Transport (SCT). The huge cash injection includes funds for seven motorway projects worth over MXN 4.7 billion. The Subsecretary for Infrastructure, Raul Murrieta Cummings, has revealed that the expansion of Arco Norte and the western Morelia bypass are also among the earmarked investment projects, as are the Zitacuaro-
    Read More
  • Investment from Taiwan will boost Guatemala’s transport infrastructure
    July 16, 2013
    Financing from Taiwan will help develop road infrastructure in Guatemala. Both the Taiwanese Government and private Taiwanese sources are supplying funding streams to Guatemala for transport infrastructure development. The Taiwanese Government is donating US$50 million to help improve the section of the Atlantico road connecting Sanarate and El Rancho. Taiwan is also providing a further $50 million in the shape of a loan for the project. This loan will be repayable over a 20 year period. The Atlantico road
    Read More

Highlighted Content