The Inter-American Development Bank approved a credit line that local authorities will use to finance the Potable Water and Sanitation Program.
The financed program aims to improve the quality of life of close to 31 thousand households located in rural and peri-urban areas, informed the Inter-American Development Bank (IDB).
The Central American Bank for Economic Integration approved a $21.4 million extension for the financing of the "Project to Improve the Technical and Operational Capabilities of Puerto Corinto."
This extension brings the total amount guaranteed to $184.6 million, making it the largest investment in the country's port sector in recent decades, informed the Central American Bank for Economic Integration (CABEI).
CABEI approved a line of credit to be used by the Costa Rican Social Security Fund to finance construction and equipment projects for the Monsenor Sanabria Hospital in Puntarenas, the Max Peralta Hospital in Cartago and the William Allen Taylor Hospital in Turrialba.
The "Regional Hospital Infrastructure Strengthening Program" of the Central American Bank for Economic Integration (CABEI), which includes this loan, will finance the design, construction, equipment and maintenance of the three hospitals, which together will have a construction area of more than 200,000 m2 and will house space for more than 1,000 new beds.
The Central American Bank for Economic Integration approved a line of credit for the country to finance the Project for the Expansion of the Drinking Water Supply System in the City of Gracias, department of Lempira.
The project consists of developing the hydraulic infrastructure necessary to increase the quality and quantity of water supplied by the supply system of the city of Gracias, Lempira, which currently has average interruption periods of 168 hours, reported the Central American Bank for Economic Integration (CABEI).
Through a credit line from CABEI, the Costa Rican Institute of Aqueducts and Sewerage will finance the supply project for the Fifth Stage Metropolitan Aqueduct.
The megaproject, declared of public interest by the Government authorities, consists of the construction of 44.3 kilometers of pipelines, of which 8.6 kilometers are tunnels, a new water treatment plant and six storage tanks with a total capacity of 50,000 cubic meters.
CABEI and the Costa Rican authorities have signed a contract to extend the "Strategic Road Infrastructure Works Program" for a further $91 million, which finances, among other works, the construction of the Northern Beltway.
The Central American Bank for Economic Integration (BCIE) informed that the $91 million addendum, in addition to the $340 million of the Program, will allow the construction of the Northern Beltway Functional Unit V which maintains a cost of $70.5 million, as well as the reinforcement and modernization of the bridge over the Virilla River on National Route 32.
The Central American Bank for Economic Integration approved a credit line for the Salvadoran government to reconstruct, remodel and technologically equip 186 schools nationwide.
The schools that will be remodeled are located in the departments with high Multidimensional Poverty Index, at the preschool, primary, secondary and high school levels, highlights a statement from the Central American Bank for Economic Integration (CABEI).
Through a credit from CABEI, the Salvadoran government will carry out the modernization work of 25 sports scenarios at the national level.
The resources will be destined to the remodeling, construction, rehabilitation and equipment of the sport scenarios, details a statement of the financial organization.
The World Bank granted a $45 million loan that will be used by the government to finance the Urban Water Service Strengthening Project.
The project will support the establishment and operation of urban service providers by financing goods and works to rehabilitate and improve urban drinking water supply systems, the World Bank reported.
CABEI granted a loan to Guatemala to finance the construction and equipping of buildings to be used by the Ministry of the Interior, National Police stations, prisons and other projects.
The $300 million will support the "Investment and Modernization Program for the Justice Sector", which will be implemented by the Guatemalan Ministry of Government, reported the Central American Bank for Economic Integration (CABEI).
A loan from the Central American Bank for Economic Integration will finance the "National Program for the Construction of Social Interest Housing."
The international organization reported that these resources will be used to finance the "National Program for the Construction of Social Interest Housing."
CIFI and BID Invest authorized a loan for West Report S.A. to develop, build and operate a hotel complex in Bocas del Toro.
The new hotel, which will have 118 rooms, several restaurants, a spa and other meeting places for its guests, will be operated under the brand name Viceroy Hotels and Resorts, reported CIFI.
A CABEI loan will be used to carry out improvements at several educational centers throughout the country and purchase laboratory equipment.
The funds will be used to improve 105 Jr. high schools, basic and pre-basic education centers, equip 294 vocational workshops, 105 computer workshops and 315 natural science laboratories throughout the country.
The Latin American Development Bank approved a loan to finance the "Santo Domingo Oriental Aqueduct Expansion Project", aimed at expanding and optimizing the Santo Domingo Norte and Santo Domingo Este aqueduct systems.
The funds will also be used for the preparation of studies for plans and programs in technical, operational, commercial and business aspects, informed the financial institution.