El Salvador bypass project getting underway

Plans are well in hand in El Salvador for a key bypass project. Approval has been given for a US$122 million loan for the San Miguel bypass. The loan will help finance the San Miguel road bypass, with the El Salvador Government contributing an additional $30 million towards the project. The construction work is expected to last around four years. In addition, official approval has also been given for talks with the Inter-American Development Bank (IADB) over a loan worth $115 million to finance the Pacific-
May 5, 2015 Read time: 1 min
Plans are well in hand in El Salvador for a key bypass project. Approval has been given for a US$122 million loan for the San Miguel bypass. The loan will help finance the San Miguel road bypass, with the El Salvador Government contributing an additional $30 million towards the project. The construction work is expected to last around four years. In addition, official approval has also been given for talks with the 2791 Inter-American Development Bank (IADB) over a loan worth $115 million to finance the Pacific-Mesoamerican Corridor project.
Finance & Funding Road Structures

For more information on companies in this article

Related Content

  • Serbian roads to get Chinese funding
    November 28, 2012
    Talks between the Chinese Development Bank and the Serbian Government could result in €400-€450 million of Chinese funding for Serbian highway projects. The Danube coast and the Corridor 11 projects are among those earmarked for a potential cash boost. Serbia’s Ministry for Transport (MOT) is also in talks with Chinese partners about other highway builds including100km of the Belgrade-Cacak, Belgrade-Obrenovac, Preljina-Ljig and Lajkovac-Ljig routes, as well as the 100km Pojate-Preljina project. China Road
    Read More
  • Bosnia invests in roads and highway construction
    May 15, 2012
    The Government of Federal Bosnia & Herzegovina plans to invest e5.5 billion in building roads, highways and new energy projects. To achieve this programme a new consortium will be set-up to secure part of the necessary capital, while part will be financed by strategic partners. The authorities are also working on plans for construction of the Corridor 5c highway.
    Read More
  • Cambodia road reconstruction projects, financing secured
    March 28, 2018
    Financing has been secured for key road reconstruction projects in Cambodia. Work is being carried out on six road projects in the country that measure a total of 600km, as well as a bridge, with this all costing some US$490 million. A loan of $94 million will help pay for the rebuilding of Cambodia’s National Road No 11 as well as a stretch of bypass. In all 96.5km of road will be rebuilt for this project, with the work intended to improve transport connections between Thbong Khmum Province and Prey Veng P
    Read More
  • Chile-Argentina tunnel loan for bidding
    December 14, 2016
    Further progress is being made with the Agua Negra Tunnel project, which will connect Chile with Argentina. A loan worth US$40 million is being provided by the Inter-American Development Bank (IADB). This loan will help deliver the bidding process for the project. Several bidders are being pre-qualified for the tender process. Construction of the tunnel itself is expected to take eight ant a half years with the work estimated to cost $1.6 billion. The tunnel will provide a safer and more reliable route than
    Read More

Highlighted Content