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

  • Norwegian link – finances secured
    March 17, 2022
    Finances have been secured for a major Norwegian transport link.
    Read More
  • Brazil’s roads budget faces major cuts
    May 14, 2019
    A series of major road projects in Brazil have had their budgets cut. Construction works for 56 motorway projects have seen budgets cut, and in some instances removed altogether. The Brazilian national department for transport infrastructure (Dnit) had a previous budget of US$1.59 billion for road development projects. This has now been cut to $1.04 billion, less than 33% of the budget for 2014. Projects to have been hit include widening the BR-316 in Piau State, widening the BR-364 in Rondonia State, build
    Read More
  • Liebherr’s strong results hit record high
    April 4, 2019
    Liebherr has achieved a record turnover of €10.55 billion for 2018. This broke through the €10 billion barrier for the first time in the company’s history and represents an increase of €739 million, or 7.5 %, compared with the previous year’s turnover. This came despite a slight decline in overall economic growth. Both the construction machinery and mining equipment divisions recorded overall increases in sales revenues, as did the other product areas overall. Revenues from construction machinery and mini
    Read More
  • Low income countries account for only 3% of global road networks: a constraint for economic growth
    January 15, 2019
    An analysis of road network data from IRF World Road Statistics (WRS) reveals the low percentage of road networks in low income countries and underdeveloped regions of the world. These results link poor quality roads and lack of road infrastructure to constrained economic development and growth The IRF World Road Statistics (WRS) includes up-to-date data on the road and transport sector for over 200 countries and covers nine important road topics, one of which is road networks. An analysis of the road
    Read More

Highlighted Content