Honduras to spend $100mn for road projects in 2015

At least US$100 million will be injected into road projects in Honduras during 2015, the majority of which will be under Public-Private Partnership (PPP) deals. The schemes will provide a welcome boost to the construction sector, which recorded a drop of 50% during 2014. Construction started last year on a $271 million logistics corridor to connect the country’s Atlantic and Pacific coasts. The two-lane 390km highway will cut congestion in key urban areas along the route, as well as improving connections to
February 19, 2015 Read time: 1 min
At least US$100 million will be injected into road projects in Honduras during 2015, the majority of which will be under Public-Private Partnership (PPP) deals.

The schemes will provide a welcome boost to the construction sector, which recorded a drop of 50% during 2014.

Construction started last year on a $271 million logistics corridor to connect the country’s Atlantic and Pacific coasts.

The two-lane 390km highway will cut congestion in key urban areas along the route, as well as improving connections to the port of Cortes, which is also being redeveloped, a project considered crucial to the country’s development. Completion is expected in 2018.

Honduras receives backing for its road network by the 908 US government’s 2707 Millennium Challenge Corporation.
Finance & Funding

For more information on companies in this article

Related Content

  • LagoonHull project put on hold
    February 8, 2023
    The plan by the UK city of Kingston upon Hull is to transform the city centre and river frontage running from the 2.2km-long, single-span suspension Humber Bridge.
    Read More
  • Santiago’s Autopista Central in line for improvements
    June 18, 2015
    Motorway operator Autopista Central de Chile (AC) has applied to the Ministry of Public Works to make improvements worth around US$340 million to the Autopista Central system in the capital Santiago. Improvements are scheduled for the Quilicura area. AC will present an environmental impact and engineering study this summer to the ministry. Much of the work will take place at night time to avoid traffic disruption. Autopista Central consists of two highways, the westernmost of which branches off from t
    Read More
  • Lower Thames Crossing gets green light
    March 26, 2025
    The 14.5-mile project near London will include a 2.6-mile tunnel under the Thames River and come at a cost of around £8.3 billion.
    Read More
  • New international trade crossing linking Canada and US
    June 9, 2015
    The Detroit River is short, only 45km, and narrow in places, less than 1km. Around a quarter of the annual $658 billion Canada-US trade crosses over the river. That’s $160 billion worth of goods trucked each year between Detroit in the US state of Michigan and the Canadian city of Windsor in the province of Ontario - the Windsor-Detroit Corridor. There are several types of crossings, but the vast majority of commercial traffic must use the 2.3km Ambassador Bridge (see box). A new bridge was initially prop
    Read More

Highlighted Content