Road Infrastructure highway road construction Infrastructure & Construction road maintenance Ministry of Transport and Infrastructure (Nicaragua) construction construction of roads financing Inter-American Development Bank international loan Electricity Empresa Nacional de Transmisión Eléctrica (Nicaragua) Energy Nicaragua National Assembly

Nicaragua: $130 million for Electricity Works and Roadworks

The IDB is providing $40 million in financing for construction of power substations in the north and $90 million for renovation of roads in Jinotega and Chontales.

Wednesday, February 17, 2016

From a statement issued by the National Assembly of Nicaragua:

$40 million for electrical substations

A $40 million loan signed with the Interamerican Development Bank (IDB) was approved on February 16 by the plenary, which will be used to fund the construction of three new substations.

The funding will be aimed at electrical substations to be built and expanded in the north Pacific and Midwest.

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Goods

road construction road maintenance Electricity financing Development Credit

Key entities

Nicaragua National Assembly Inter-American Development Bank Empresa Nacional de Transmisión Eléctrica (Nicaragua) Ministry of Transport and Infrastructure (Nicaragua)

Countries

Nicaragua

Insight

construction public infrastructure highway construction of roads road maintenance Road Infrastructure electrical substation Infrastructure & Construction Energy

Nicaragua: $61.5 million for Road to Atlantic Coast

December 2014

The Inter-American Development Bank has approved a loan of $61.5 million to improve access by road to the South Atlantic Autonomous Region.

From a statement issued by the Inter-American Development Bank (IDB):

The Inter-American Development Bank (IDB) has announced the approval of a loan of US $61.5 million to Nicaragua to improve the quality of transport services and national and international integration of the country.

Costa Rica: Road Projects Stopped for Lack of Funds

May 2010

Several infrastructure projects cannot be started until the Legislative Assembly approves a $850 million loan from the IDB and a $52 million one from CAF.

These projects are the highway to Heredia, the new road to San Carlos, the link between Bajos de Chilamate-Vuelta Kooper, concluding the northern Ring Road (Circunvalación) and enlarging the Florencio del Castillo Highway.

IDB Loans $110 Million for Panamanian Infrastructure

February 2010

The credit line by the Inter-American Development Bank will be used for rural infrastructure and aqueducts.

$70 million have been earmarked for widening the highway Divisa – Las Tablas, rural roads and upkeep.

“$40 million will be used to strengthen the National Aqueduct and Sewers Institute, expand drinkable water coverage and improving sewers”, reported Prensa.com.

IDB Finances Projects for $200 Million in Nicaragua

September 2009

The Inter-American Development Bank is financing infrastructure and electric power projects in the country.

Mirna Lievano, IDB spokesperson in the country, highlighted the construction of highway Acoyapa - San Carlos and the upkeep of rural roads across the country.

From local newspaper Elnuevodiario.com: "Regarding renewable energy generation, she expressed that IDB has designed a medium term strategy, which focuses initially on energy transmission, and then on renewing hydroelectric power plants, such as 'Santa Bárbara' and 'Centroamérica'".