New road planned to help cut congestion in Nicaragua’s capital Managua

A series of road projects planned for Nicaragua’s capital Managua will help cut congestion at peak periods. Five separate projects are planned, with a total cost in excess of US$353 million, with the key link being the 16km bypass from Ticuantepe to Nejapa.
June 9, 2017 Read time: 1 min

A series of road projects planned for Nicaragua’s capital Managua will help cut congestion at peak periods. Five separate projects are planned, with a total cost in excess of US$353 million, with the key link being the 16km bypass from Ticuantepe to Nejapa.

The bypass is costing $95.7 million and will ensure that through traffic travelling between the north and south of the country no longer has to pass through the centre of Managua. The Nicaragua Government looks likely to pay around $25 million for the bypass, with a loan from the South Korean Eximbank to pay for the remaining sum. Also of importance is the upgrade to the Juan Pablo II highway, which will cost $130 million. Funding is likely to be provided by the European Investment Bank (EIB). Also planned will be the building of the El Boque-Santa Ana road, widening of the Ciudad Sandino-Mateare road and an extension for the La Garita-Tipitapa road.

Finance & Funding

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