Guatemala Approves Loan for Traversal HighwayCongress approved a $203 million loan by BCIE, for the construction of the 362 kilometers of the highway named "Franja Transversal Norte (FTN)".Tuesday, August 11, 2009
Last year, the government asked for a $203 million loan at the Central American Economic Integration Bank (BCIE). The funds would be used by the company Solel Boneh in the construction of the highway. Source: elperiodico.com.gt ¿Busca soluciones de inteligencia comercial para su empresa?Guatemala: Northern Highway Awards Supervision ContractsOctober 2009 6 companies will supervise the construction of the Transverse Northern Highway (known as FTN, "Franja Transversal del Norte", in Spanish). "Franja Transversal" Highway Will Create 47.000 JobsSeptember 2009 This was affirmed by Guillermo Castillo, Guatemala's infrastructure minister, adding that works would start in November. Guatemala: Northern Highway Will Start in OctoberAugust 2009 President Alvaro Colom announced that construction of the Highway dubbed "Franja Transversal del Norte" will begin on October 28th or 29th. $201 million approved by BCIE for GuatemalaDecember 2008 The BCIE approved the loan for the construction of the Northern Traversal Road, with the project scheduled to start in the first half of 2009.
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