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

  • Road transport key to Africa's trade links
    February 17, 2012
    Road transport is the key to improving Africa's links within its own territory, and further afield as Patrick Smith reports. Development of road transportation is the key to the future of the African economy, and countries on the continent are making great strides. According to a report by a transport infrastructure expert at the New Partnership for Africa's Development (NEPAD), within the next 15 years the value of trade in Africa could reach US$250 billion if a $32 billion investment is made to integrate
    Read More
  • Poland cutting roads budget for 2018
    August 22, 2017
    The Polish Government intends to lower its road development budget for 2018. The country intends to spend close to €875 million on upgrades to the national road network, a drop of €110.83 million from 2017. This budget reduction marks a notable change as the Polish Government has (until now) been steadily increasing spending on road development over successive years from 2010. The Ministry of Infrastructure and Development is requesting that the Ministry of Finance should increase the budget however.
    Read More
  • Business confidence
    June 10, 2019
    Business confidence in construction looks healthy in many countries around the world. Transport infrastructure remains a high priority for construction activity around the globe. China is continuing to develop its own internal transport network, while also funding a massive programme of works under its Belt & Road plan. The impact of the Belt & Road programme is being seen in Asia, Russia and also parts of Africa, with the aim of unlocking economic activity by boosting transport connections, whether by road
    Read More
  • Bulgaria plans for operating road infrastructure
    February 21, 2012
    There is a lot of work to do on Bulgarian roads, but the government has plans to increase the length of highways built each year as Krasimir Krastanov reports. Bulgarian roads with a pavement make up 98.4% of all the country's roads, while 92.5% of them have an asphalt surface and 82.8% of them are able to carry 10tonnes/axle.
    Read More

Highlighted Content