Guatemala: $ 422 Million to Build Highway

President Alvaro Colom announced the construction of a highway linking the border of Mexico and El Salvador.

Thursday, December 16, 2010

During a state communications program, known as “Presidential Office”, he said that the official announcement will be made next year, and explained how the project will be funded.

On the subject, Communications Minister Guillermo Castillo added that financing would come from a soft loan provided by Brazil.

More on this topic

Major Roadworks in Guatemala City

February 2016

The Mayoral office has started preliminary studies for building two ring roads in the north and east of the city, though the a cost estimate or financing methods are not yet known.

The Department of Works at the Municipality of Guatemala has announced that soil studies and geographical studies are being carried out, using topographical methods to determine the feasibility of creating a ring road in the north of the city and another in the east. The statements were confirmed to Prensa Libre by Alvaro Hugo Rodas, director of the municipal division.

$900 million in Roadworks

March 2013

With the planned execution of four road infrastructure works Guatemala's government aims to recover 100% of the country's road network.

Siglo21.com.gt reports that "60% of the country's gross value passes along the route from Escuintla to Retalhuleu and then continues on to the town of Tecum Uman, San Marcos, on the border with Mexico.

Guatemala: New Study for Ring Road

November 2012

An announcement has been made for the launch in 2013 of a $4 million tender for a study of the construction of a mega bypass highway in the Guatemalan metropolitan area.

After having dragged on through the course of the present administration, the project, initially called the Peripheral Metropolitan Ring Road and then the Regional Ring Road, has been mentioned by the communications minister, Alejandro Sinibaldi, who announced that "the objective is to perform engineering and ground plan studies. The new studies will cost U.S. $4 million and the bidding process will begin in June 2013. "

$399 million in Loans for Road

October 2012

Guatemala's Congress has approved a loan of $119 million from the CABEI and another from BNDES of Brazil for $280 million, for the expansion to four lanes of the highway to the Pacific.

The Ministry of Communications will be the executor of the road project to be financed with the two loans.

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