This year the government plans to invest $146 million in improving and expanding the country's road network.
Friday, April 25, 2014
Between 2007 and 2012 the road network and road inventory grew by 17.5%, with the amount of paved surfaces going from 20,333 km2 to 23,897 km2.
"This year, Nicaragua will continue to improve its road network, as, according to the Economic Situation Report for the first quarter of 2014 by the Nicaraguan Foundation for Economic and Social Development, Funides, the main item in the Public Investment Program, PIP, is road infrastructure, especially road improvements by the Ministry of Transportation and Infrastructure, MTI. "
"In relation to road investment, the departments that stand out in the PIP are Managua, Leon, Matagalpa and Jinotega."
The Ministry of Public Works will invest $12 million on building extra lanes, changing roads and traffic lights in areas of the metropolitan area with high road congestion.
The works aim to minimize traffic congestion problems in 22 areas where there is the most road congestion in the greater metropolitan area, and according to officials from the Ministry of Public Works (MOPT), this plan of "fast works" will start in the second half 2016.
The Road Maintenance Fund will invest $37.3 million to attend to 3350 km of roads and highways nationwide during 2012.
A press release by the Road Maintenance Fund (FOMAV) reads:
With the aim of stating work in January next year, the institution is currently developing the first National Public Tender Process, consisting of 940 km of roads and highways with an investment of 307 million cordobas ($13,4 millon) to be used on construction works and supervision services.
In a press release, the Ministry of Public Works announced the start of an Intensive Road Rescue Plan to repair roads damaged by the recent rains.
The Plan aims to patch and resurface the road infrastructure, which has suffered severe damage from the biggest climatic event of the last 30 years, thus preventing injuries to the motorists and pedestrians using these roads.