Investment from Taiwan will boost Guatemala’s transport infrastructure

Financing from Taiwan will help develop road infrastructure in Guatemala. Both the Taiwanese Government and private Taiwanese sources are supplying funding streams to Guatemala for transport infrastructure development. The Taiwanese Government is donating US$50 million to help improve the section of the Atlantico road connecting Sanarate and El Rancho. Taiwan is also providing a further $50 million in the shape of a loan for the project. This loan will be repayable over a 20 year period. The Atlantico road
July 16, 2013 Read time: 2 mins
Financing from Taiwan will help develop road infrastructure in Guatemala. Both the Taiwanese Government and private Taiwanese sources are supplying funding streams to Guatemala for transport infrastructure development. The Taiwanese Government is donating US$50 million to help improve the section of the Atlantico road connecting Sanarate and El Rancho. Taiwan is also providing a further $50 million in the shape of a loan for the project. This loan will be repayable over a 20 year period. The Atlantico road upgrade project will cost some $119 million in all, with work on the third phase due to commence at the end of 2013. In addition, Taiwanese private funding looks set to provide backing for a series of infrastructure projects in Guatemala, with the development on an inter-oceanic corridor planned. One of the key projects is for a highway linking the Atlantic And Pacific Oceans, as well as the building of a railway and a pipeline along the same route. This project is expected to cost in the region of $7-9 billion in all.
Finance & Funding Road Structures

Related Content

  • New road infrastructure for Tajikistan and Kazakhstan
    October 8, 2013
    Tajikistan and Kazakhstan are both investing in transport infrastructure, with an array of new projects planned. In Tajikistan the Ministry of Finance is budgeting a healthy US$1.6 billion for transportation projects in the period from 2013-2014. These include construction and reconstruction of roads, highway and railway bridges, and tunnels. Further details will be available in due course as to the roads and highways being built. Meanwhile a loan from the Asian Development Bank to Kazakhstan will help
    Read More
  • Uruguay’s transport investment is seeing major gains
    August 1, 2017
    Uruguay’s road development programme will help deliver economic growth for the future - Gordon Feller reports. Uruguay is embarking on a new nationwide programme to rehabilitate 890km of roads, and the government intends to improve an additional 260km of dangerous highways and roads. This three-year programme aims to reduce traffic accidents, in part thanks to a US$70 million loan recently authorised by the World Bank’s board of directors. The new operation uses a special financing instrument known as “Prog
    Read More
  • Inter-oceanic Corridor for Brazil-Bolivia-Chile
    March 2, 2015
    A new Bolivian link is playing a key role in a major Latin American highway – Mauro Nogarin reports. Construction of a new route through Bolivia will help deliver improved transport between Latin America’s Pacific and Atlantic coasts. The construction of the highway between Santa Barbara-Caranavi-Quiquibey has been carried out by the consortium ARBOL. This firm is a partnership between the Argentinean company Grupo Eling and Administradora de Caminos Boliviana (ABC). The stretch of highway is an important s
    Read More
  • Inter-oceanic Corridor for Brazil-Bolivia-Chile
    March 2, 2015
    A new Bolivian link is playing a key role in a major Latin American highway – Mauro Nogarin reports. Construction of a new route through Bolivia will help deliver improved transport between Latin America’s Pacific and Atlantic coasts. The construction of the highway between Santa Barbara-Caranavi-Quiquibey has been carried out by the consortium ARBOL. This firm is a partnership between the Argentinean company Grupo Eling and Administradora de Caminos Boliviana (ABC). The stretch of highway is an important s
    Read More

Highlighted Content