Loan to finance major Nicaragua road project

The project to widen Managua’s Pista Juan Pablo II highway in Nicaragua has taken another step forward to commencing. Nicaragua’s Government is giving its approval for a loan to pay for the project. The US$105.4 million loan will be provided by the Central American Bank for Economic Integration (CABEI). Further funding worth $136 million is being provided by the European Investment Bank (EIB), with $33.4 million coming from the Nicaragua Government.
September 7, 2017 Read time: 1 min

The project to widen Managua’s Pista Juan Pablo II highway in Nicaragua has taken another step forward to commencing. Nicaragua’s Government is giving its approval for a loan to pay for the project. The US$105.4 million loan will be provided by the 863 Central American Bank for Economic Integration (CABEI). Further funding worth $136 million is being provided by the 1054 European Investment Bank (EIB), with $33.4 million coming from the Nicaragua Government.

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