El Salvador: $ 25 Million for Reconstruction

The US-donated resources will be used in reconstruction of bridges, roads and drainage structures.

Wednesday, January 12, 2011

It will also be used in roof, walls and floor repairs of schools and medical facilities, security walls, provision of school equipment, teaching materials and other supplies.

The works will help restore access to basic health services, education, and availability of adequate transport infrastructure, which are vital for economic growth in the most affected areas.

During the past 30 years, USAID has provided approximately $ 400 million to rehabilitate and reconstruct key infrastructure damaged by disasters caused by natural disasters (bridges, roads, schools and health clinics) in El Salvador.

More on this topic

El Salvador: $25 Million for Reconstruction Works

August 2010

The aid package approved by the USA will go towards repairing infrastructure damaged by Hurricane Ida.

The Department of Public Works (MOP) will be responsible for managing the specific allocation of the funds.

"The Economic Commission for Latin America and the Caribbean, ECLAC (CEPAL in Spanish), estimated that November 2009's rains caused public and private infrastructure damage worth $135 million.

$1.5 billion Investment in Road Infrastructure

March 2012

The president of Guatemala has announced a master infrastructure program for the construction and expansion of roads and bridges.

President Otto Perez Molina announced the launch of several major infrastructure projects, among which are two roads: one from port to port (from Santo Tomas de Castilla, Izabal, to Quetzal, Escuintla) and one border to border (from Mexico to El Salvador).

Nicaragua: Road Network Lags Behind Rest of Region

May 2011

The lack of resources for repairs and bad weather in recent years has increasingly deteriorated roads.

Although resources were allocated last year for the country’s road repairs, this has not been enough to offset the adverse effect of weather, which has damaged several sections of the road network.

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.

 close (x)

Receive more news about Infrastructure and Construction

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


Programa Empresas y Empleo

Organization that operates in Nicaragua.
Phone: (505) 2278-2409

Company Profile

Stock Indexes

(Dec 5)
Dow Jones
0.24%
S&P 500
0.58%
Nasdaq
1.01%

Commodities

(Dec 6)
Brent Crude Oil
55.210
Coffee "C"
144.5
Gold
1,173
Silver
16.865