New road and bridge investment for Guatemala

The Central American Bank for Economic Integration (CABEI) is providing a US$400 million loan to Guatemala for rural road construction. This follows on from a $200 million loan being provided to Guatemala by the World Bank and a $237 million loan from the IADB. The Guatemalan Government is also working on upgrading CA9 Norte highway to make it reach Mayuelas completing an 89km extension at a cost of $240 million. The authorities also have plans to replace 60-70 bridges with new structures.
November 25, 2013 Read time: 1 min
The 863 Central American Bank for Economic Integration (CABEI) is providing a US$400 million loan to Guatemala for rural road construction. This follows on from a $200 million loan being provided to Guatemala by the 2332 World Bank and a $237 million loan from the IADB. The Guatemalan Government is also working on upgrading CA9 Norte highway to make it reach Mayuelas completing an 89km extension at a cost of $240 million. The authorities also have plans to replace 60-70 bridges with new structures.
Finance & Funding Road Structures

For more information on companies in this article

Related Content

  • Road transport key to Africa's trade links
    February 17, 2012
    Road transport is the key to improving Africa's links within its own territory, and further afield as Patrick Smith reports. Development of road transportation is the key to the future of the African economy, and countries on the continent are making great strides. According to a report by a transport infrastructure expert at the New Partnership for Africa's Development (NEPAD), within the next 15 years the value of trade in Africa could reach US$250 billion if a $32 billion investment is made to integrate
    Read More
  • Vietnam's mighty road budget
    February 7, 2012
    A massive budget for highway construction and upgrading is being set in place by the Vietnamese authorities. In all some US$18.73 billion is being set aside for the construction and development of Vietnam's expressway system.
    Read More
  • World Bank cuts Ukraine financing
    June 14, 2012
    The World Bank is reducing its financing of projects in Ukraine until 2016. The new cooperation strategy between the bank and the country's government follows a drop in financing through slow spending loans extended by the bank to the country. The bank will provide US$150million for the Second Project for Exports Development in 2012. And Ukraine can also receive $1billion in 2013–2014, but both financing packages depend on development of economic reforms in the country during the following two years. The
    Read More
  • Bolivia’s new highway
    October 10, 2017
    Bolivia’s new highway will provide better access into mountain areas – Mauro Nogarin writes At the beginning of 2015, work began on the construction and paving for the Tupiza - Atocha - Uyuni highway project. The route is located in Bolivia’s Potosí department: it is 189m in length and forms part of the Southwest Basic Road Network (RVF) of Bolivia. The completion of this important route is requiring funding worth US$150 million, of which 72% is being delivered through loans from the European Investment
    Read More

Highlighted Content