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

  • Tanzania road development projects being planned
    March 24, 2017
    A series of major road projects are now being planned in Tanzania, with funding sources for much of the work having been identified and secured. The largest of these is being delivered with a World Bank loan worth US$425 million, which will help pay for transport improvements in Tanzania’s capital, Dar es Salaam.
    Read More
  • FCC Corredor de las Playas wins Panama Inter-American Highway deal
    November 21, 2017
    The consortium FCC Corredor de las Playas I has won the contract to widen the first section of the Inter-American Highway. FCC Corredor de las Playas I consists of FCC Construcción and CICSA – the infrastructures and construction division of the Grupo Carso. The Inter-American Highway will be widened along nearly 38km to six lanes between La Chorrera and Santa Cruz in the province of Panama Oeste in Panama at a cost of around US$543 million, according to the consortium. The project includes enlarging the
    Read More
  • Serbia’s road network may benefit from major Chinese investment
    September 27, 2012
    Talks between the Chinese Development Bank and the Serbian Government could result in Chinese funding for Serbian highway projects. The Danube coast project and the Corridor 11 highway project have been identified. Some €400-€450 million of Chinese financing could be made available to Serbia for highway projects following the most recent series of discussions. Serbia’s Ministry for Transport is also in talks with Chinese partners for the construction of a series of highway projects.
    Read More
  • Stockholm bypass construction to go ahead
    May 8, 2012
    Preparation work is expected to commence in 2012 on the new bypass around Swedish capital Stockholm. This project has now been delayed by one year although the work will go ahead, following a series of appeals over various contract issues. The major works for the Förbifart Stockholm project will commence in 2013 and the Swedish Transport Administration (Trafikverket) and its consultants are now trying to catch up with the schedule to ensure that the work can be completed on, or at least close to, the origin
    Read More

Highlighted Content