Nicaragua road plan for 2019

Nicaragua has revealed plans for its road development work to be carried out in 2019. The Ministry of Transport and Infrastructure (MTI) has set a budget at US$168.3 million and the plan involves the construction of 210.5km of new road links. This is an increase over the 162km of new roads that MTI set as its plan for 2018. However the 2019 budget is lower than that set for 2018, so there have been questions as to how the target will be achieved.
October 25, 2018 Read time: 1 min
Nicaragua has revealed plans for its road development work to be carried out in 2019. The Ministry of Transport and Infrastructure (MTI) has set a budget at US$168.3 million and the plan involves the construction of 210.5km of new road links. This is an increase over the 162km of new roads that MTI set as its plan for 2018. However the 2019 budget is lower than that set for 2018, so there have been questions as to how the target will be achieved.
Finance & Funding

Related Content

  • Nicaragua’s new routes opening to traffic
    July 18, 2016
    The opening of a new road link in Nicaragua will reduce journey times between capital Managua and El Guasaule, which lies on the border with Honduras. The road connects La Paz Centro, Malpaisillo and Villa 15 de Julio. Heavy vehicles previously had to take a more circuitous route that was also longer, so the new road will help cut transport costs. Funding for the project was provided by the Inter-American Development Bank (IADB). This new road is one of a series of projects Nicaragua’s Ministry of Transpo
    Read More
  • Investing in East Africa's road sector to boost economic development
    April 14, 2020
    Investments in East Africa’s road sector are helping drive economic development as well as political stability
    Read More
  • Nicaragua projects receive Japanese funding
    August 9, 2017
    Japanese financing will help pay for new bridges in Nicaragua. The funding package is worth nearly US$43 million and is being provided by the Japan International Cooperation Agency (JICA). The four bridge will be constructed on the road that connects Rio Blanco and Siuna in Nicaragua’s North Caribbean Coast Autonomous Region (RACCN). The agreement has been settled between JICA and the Nicaraguan Government. The new bridges will help improve connections between the Pacific Coast Coast and the Caribbean Coast
    Read More
  • Nicaragua contract for FCC
    December 14, 2017
    Spanish contractor FCC has been awarded a contract to carry out key road upgrade works in Nicaragua. The €32 million project will see improvements being carried out on the 39km route connecting Los Chinamos with El Ayote.
    Read More

Highlighted Content