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

  • New Uganda expressway project underway
    July 15, 2019
    Construction work is underway in Uganda for a new expressway project. The 24km Busega-Mpigi Expressway project is being handled by the Chinese contractor China Civil Engineering Construction Corporation (CCEC). The contract is being overseen by the Uganda National Roads Authority (UNRA). Financing for the project worth US$143 million has been provided in the shape of a loan from the African Development Bank (ADB). Around 9km of the route has already been built, with completion expected in 4 years-time.
    Read More
  • Philippines’s NEDA to consider two road PPP projects in November
    November 12, 2015
    The National Economic and Development Authority (NEDA) will consider approval of seven Public-Private Partnership (PPP) projects, two of them highways, by the end of this month. The highways are the US$516 million Manila connector road and the $209 million Plaridel toll road. A report by the Manila-based Business World Online newspaper said the deals are worth around US$3.65 billion.
    Read More
  • Brazil's economic powerhouse to tackle traffic issues
    May 29, 2012
    The Inter-American Development Bank (IADB) is providing funding worth US$1.14 billion for construction work on the north section of Sao Paulo's orbital highway. The Brazilian city is at the heart of the country's growing economy and traffic congestion has been a problem in the area. The work will commence in 2011 and is due for completion in 2014. The local authorities will need to find a further $1.82 billion however.
    Read More
  • India’s highway projects benefiting from World Bank funding
    July 4, 2014
    A loan worth US$500 million from the World Bank's International Bank for Reconstruction and Development (IBRD) will help improve road connections in India. The funding will be directed towards India's National Highways Inter-connectivity Improvement Project (NHIIP), a programme of works aimed at improving routes in some rural or remote areas of the country. The NHIIP plan involves upgrading around 1,120km of National Highways in some of the country’s the low-income states such as Bihar, Orissa and Rajasthan
    Read More

Highlighted Content