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

  • Loans for planned Paraguayan projects
    September 22, 2014
    Financing has been found for road repairs and rebuilding in Paraguay. A series of planned projects will see roads and bridge being refurbished and rebuilt. The Latin American Development Bank (CAF) will provide loans worth US$272 million for road and bridge repairs. A $50 million loan will be used to pay for work in the country’s Oriental region. In all 110 bridges will be built across Paraguay. A loan will also pay for improvements to National Route 9 connecting Mariscal Estigarribia and La Patria and La P
    Read More
  • New Argentina dual carriageway project
    September 15, 2017
    Tendering is being opened out for a new dual carriageway connection in Argentina, located just to the south of Mendoza. The 25km link will provide an improved link between Route 7 and Route 40, joining the towns of Palmira and Agrelo. The project is expected to cost close to US$151 million, with financing being provided by the Inter-American Development Bank (IADB). The new dual carriageway will reduce journey times between Palmira and Agrelo.
    Read More
  • Indian State of Rajasthan sees highway development
    July 7, 2017
    India’s Rajasthan State is benefiting from new financing for its Highways Investment Programme. A loan facility will pay for highway development work in the state. Approval has been given from the Asian Development Bank (ADB).
    Read More
  • DMCI set to be involved in key Philippines expressways’ link project
    August 7, 2012
    DMCI Holdings (DMCI) of the Philippines, in partnership with the San Miguel Corporation, is expected to carry out a road project to link two major expressways in the country. The link is part of road projects valued at US$901.65 million (PHP 38 billion) that Metro Pacific Tollways intends to carry out over the next five years. DMCI was the contractor for the second phase of the 30km Metro Manila Skyway project, through its construction unit, DM Consunji. The second phase of the Skyway project involved build
    Read More

Highlighted Content