El Salvador: $40 Million for Rural Roads

The 23-kilometer highway between Aracato and Chalatenango will require an investment of $8.9 million. This construction project is slated to be the next project put out to bid by MOP.

Thursday, June 18, 2009

The Department of Public Works (MOP) has $40 million in loans from the $60 million that the World Bank and the Inter-American Development Bank (BID) lent to El Salvador.

According to Elsalvador.com, the minister of Public Works, Gerson Martínez, indicated that rural roads will be built with these funds in addition to the funding of the route between San Miguel and Chapeltique, "for which the total project costs reach $8.6 million."

More on this topic

El Salvador: $268 million for rural roads

October 2009

The project includes the paving of existing rural roads and the construction of new access roads.

Gerson Martínez, Head of the Public Infrastructure Ministry, stated that the funds for this investment come from the Interamerican Development Bank and the general budget.

"The main aspects of the Ministry´s work were presented yesterday to the International Cooperation Institutions," can be read at Laprensagrafica.com.

$18 Million for Highway in El Salvador

May 2010

A loan by the Central American Bank for Economic Integration will help conclude stretch II of Boulevard Diego de Holguín.

Gerson Martínez, public works minister, explained that they expect to begin construction on August, once the Legislative approves the loan. Then they will invite companies to bid for its construction.

El Salvador Will Invite Highway Tenders

July 2009

Construction of stretch II of the "Diego de Holguín" boulevard will be granted to a different company, through a bidding process.

Gerson Martínez, Public Works Ministry, informed that the basis for the bids are almost ready and they expect to invite bids in August.

"He also said that $13 million have been requested to the Central American Economic Integration Bank (BCIE).

Funding Approved for Road Infrastructure

February 2012

The Salvadoran Congress has authorized loan applications of up to $30 million for the Rural Connectivity Programme in the North and East of the country.

The amount will be managed by the Ministry of Finance and will be signed with the OPEN Fund for International Development (OFID), and the Inter-American Development Bank (IDB), reported DiarioCoLatino.com.

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