"Franja Transversal" Highway Will Create 47.000 Jobs
This was affirmed by Guillermo Castillo, Guatemala's infrastructure minister, adding that works would start in November.
Monday, September 14, 2009
Most of the non-qualified labor will be hired from communities close to the highway, added the official.
When changing the financing scheme to sovereign debt, BCIE suggested Guatemala to do its bidding process again.
President Alvaro Colom announced that construction of the Highway dubbed "Franja Transversal del Norte" will begin on October 28th or 29th.
Congress approved a $203 million loan by BCIE, for the construction of the 362 kilometers of the highway named "Franja Transversal Norte (FTN)".
The BCIE approved the loan for the construction of the Northern Traversal Road, with the project scheduled to start in the first half of 2009.
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