Nicaragua Inaugurates Tourism Highway

Tourism to beaches and nature reserves in Carazo on the Pacific Coast will benefit from the 33 kilometers of road construction.

Monday, March 23, 2009

The investment was around $10 million in loans provided by the World Bank, whose representative, Coleen Lithjohn, said she was satisfied with the time and manner in which the construction was done.

In an article published in El Nuevo Diario, Tania Goussen Acevedo reported that Lucy Valenti, President of the Chamber of Tourism, said that she is "confident that domestic and foreign visitors will come to the beaches and natural reserves of Carazo. With the rehabilitation of the section, more than five thousand people will benefit, and the tourism areas that include Tupilapa, El Tamarindo, La Flor River and La Makina and El Platanal reserves will be strengthened."

More on this topic

Nicaragua: $57 million for Road Infrastructure

May 2014

The government has announced the construction of 80 kilometers of roads in the north of the country with funds loaned and donated by the World Bank.

Construction of road is expected to start between the towns of El Cua and Wiwilí towards Santa María de Pantasma, in Jinotega, before the end of the year.

Nicaragua: Coastal Highway Will Not Be Built

August 2013

There are no state resources for the 131 miles of road on the Pacific coast, which would be a key factor for tourism development in the area.

This was explained by the chief of Transportation and Infrastructure, Paul Fernando Martinez. Seven years ago the institution had reported that the study and design was already in process and about three years ago they said they were in the construction phase, however, the authorities now say the project is not profitable.

World Bank releases $60 million to Nicaragua

September 2008

The WB released a credit of $60 million to Nicaragua to be invested in infrastructure projects.

Nicaraguan Minister of Transport and Infrastructure, Fernando Martinez, said in statements published in the La Prensa newspaper in Managua, that the funds will be invested in the paving of farm/rural roads which was suspended due to lack of funds.

 close (x)

Receive more news about Infraestructure & 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


Blue Marlin Beach Resort - Belize

Diving, Fishing, Snorkeling and relaxation resort in southern Belize. Situated on the island of isla South Water Caye the Blue Marlin offers accommodations, meals, all inclusive packages.
The resort is situated 14 miles East-South-East of...

Stock Indexes

(Aug 22)
Dow Jones
0.90%
S&P 500
0.99%
Nasdaq
1.36%

Commodities

(Aug 23)
Brent Crude Oil
51.420
Coffee "C"
129.40
Gold
1,288
Silver
17.060