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

  • Indonesia infrastructure development programme planned
    August 22, 2017
    Indonesia’s government has set an impressive 2018 budget of some US$30.72 billion to develop infrastructure in the country. The funding will be split between the Ministry of Public Housing and Works, the Ministry of Transportation and for the special allocation fund. The Indonesian Government is aiming to boost economic growth during 2018 through its infrastructure development programme.
    Read More
  • Nicaragua’s 2016 budget could boost Rio Blanco Mulukuku road project
    October 23, 2015
    Nicaragua has boosted it budget by $84 million for 2016 in an effort to stimulate the construction sector, local media report. Public resources will reach around US$600 million and will be aimed to fund infrastructure work such as the Rio Blanco Mulukuku road and the Naciones Unidas-Bluefields road. The Ministry of Transport will receive $200 million of the budget of which $46 million will be earmarked for the road maintenance fund – Fomav – concerning nearly 2,600kmn or roads. In addition, money w
    Read More
  • Development plan for East Indonesia
    July 27, 2015
    The Indonesian Ministry of Public Works and Housing is setting out development plans for East Indonesia. The infrastructure works will include building roads and bridges, with a projected budget of US$931.2 million. One of the main projects will be for the completion of the Trans Papua route, which should be ready for traffic by 2018. The 900km Trans Papua project will run through Merauke to Jayapura, Nabire, Manokwari and Sorong. Some $447 million will be spent developing infrastructure in Papua while a fu
    Read More
  • Infrastructure spending aids economic growth
    March 14, 2012
    AT THE TIME of year it is worth considering how strong the construction market will be towards the end of 2010 and on into 2011.
    Read More

Highlighted Content