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

  • Roads a priority in Oman’s $14.8bn infrastructure spend
    May 29, 2013
    An upcoming summit will look at opportunities offered by Oman’s infrastructure plans. Oman is planning to spend some US$14.8 billion on infrastructure in the coming years. The figure, almost half of the country’s 8th Five-Year Development Plan for 2011-2015, has been earmarked for overhauling roads, ports and airports with the objective to link the three modes of transport to improve interconnectivity. Oman’s huge infrastructure will include numerous road projects, bridge structures, tunnel constructions an
    Read More
  • Modern road system is 'a must'
    August 2, 2012
    Australia's GDP could see a major increase if traffic bottlenecks in big cities were to be removed, and the government is addressing this as a matter of urgency A modern road system is a must in Australia where it is estimated that the removal of traffic bottlenecks could potentially raise the country's GDP by 0.8%. According to the Committee for Economic Development of Australia (CEDA), which made the prediction, infrastructure bottlenecks (particularly in cities, which account for over 70% of the country'
    Read More
  • Bolivia's Santa Cruz road corridor connector project
    December 22, 2016
    Bolivia’s ambitious Santa Cruz road corridor connector project is providing an important link for the country - Gordon Feller writes The World Bank has been organising a US$230 million loan to upgrade a vital connector linking the country’s northern and southern transit corridors. Meanwhile, another $100 million is coming from Bolivia’s government.
    Read More
  • Guatemala targets repairs to 40% of its roads
    November 27, 2018
    Guatemala will repair around 1,800km of the country's 6,000km of roads.
    Read More

Highlighted Content