Skip to main content

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.

For more information on companies in this article

Related Content

  • Bangladesh bypass for capital Dhaka
    March 4, 2016
    In Bangladesh, planning is underway for a new bypass for capital Dhaka. The Joydevpur-Debogram-Bhulta road project will be built under the public-private partnership (PPP) model. The project has been approved by Bangladesh’s Executive Committee of the National Economic Council (ECNEC). Under the PPP model, the Bangladeshi Government will select a road developer at an unusually higher bid price, which would make the Dhaka bypass road costlier for commuters, according to officials and this is the subject both
  • A key expressway project is due in Nepal
    July 26, 2012
    The Nepalese Government plans to open a key expressway project to tender. The Ministry of Physical Planning works and Transport Management is inviting bidders to show their interest in the construction of the Kathmandu-Nijgadh-Pathlaiya Terai/Madesh Expressway project. This new road link is intended to be offered under a PPP/BOT model. The 76km expressway is expected to cost US$853 million to construct. A feasibility study has been carried out and the expressway will be designed to meet the Class – A Catego
  • EIB backing Irish motorway link
    April 30, 2014
    The European Investment Bank (EIB) is providing financial backing worth €144 million for the new M17/M18 Gort-Tuam motorway project. The M17/M18 Gort to Tuam PPP Scheme is situated in the west of Ireland and will be constructed as a four lane motorway that will replace the existing N17/N18 roads. This new motorway will reduce journey times by around 20 minutes and has an overall cost estimated at €550 million. Construction work will start during this year and this is the second transport PPP to be signed un
  • 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