Nicaragua: $202 Million for Infrastructure

The CABEI and the Nicaraguan government signed two loans for the construction and expansion of highways and for the refurbishment of airports on the South Caribbean Coast.

Friday, April 5, 2019

The loan approved will be to finance the "VIII Road Improvement and Expansion Program" and for the "Airport Improvement Project of the Southern Caribbean Coast," the financial institution said in a statement.

You may be interested in "Public Works: $1.1 Billion in New Projects"

From the CABEI statement:

Managua, April 4, 2019 - The Central American Bank for Economic Integration (CABEI) today signed two loans with the Government of the Republic of Nicaragua. One for up to US$176.7 million to finance the "VIII Road Improvement and Expansion Program."

The second for US$25.3 million for the "South Caribbean Coast Airport Improvement Project", which consists of the rehabilitation and construction of a series of infrastructures at Bluefields and Corn Island airports.

During the signing ceremony, the Executive President of CABEI, Dr. Dante Mossi, explained that, with both financings, the development of programs aimed at promoting competitiveness in infrastructure, regional trade and environmental sustainability will be allowed.

Read full article (In Spanish).

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More on this topic

Nicaragua: $585 Million for Public Infrastructure

October 2019

The Central American Bank for Economic Integration signed two loans that will be used to finance road works and works to improve water and sanitation systems.

The first is a loan of up to Ch$333,874,540 million to finance the "VIII Road Improvement and Expansion Program". And the second one for $251,470,000 million for the "Program for the Improvement of Potable Water and Sanitation Systems in 7 cities," informed the CABEI.

Honduras: $44 Million for New Road

December 2018

The CABEI granted the Honduran government a loan for the construction of a 5.3 km stretch of four lanes that will connect Tegucigalpa with the CA-5 South Highway.

From the CABEI statement:

Tegucigalpa, December 17th, 2018. The Central American Bank for Economic Integration (CABEI) provided financing to the Republic of Honduras for approximately US$44 million to support the project "Libramiento Anillo Periférico-Carretera CA-5 Sur."

$450 Million Loan Approved for Road Works

December 2018

Banco Centroamericano de Integración Económica signed a loan contract with the FCC Consortium to finance the six-lane extension of the beach corridor in Panama, Section I: La Chorrera-Santa Cruz.

The project "Expansion to six lanes, Las Playas Corridor, Section 1: La Chorrera-Santa Cruz, which has an approximate length of 36.3 kilometers, and begins at the end of the Arraiján - La Chorrera highway and ends at the entrance to Santa Cruz (before the crossing over the Lagarto River)," was awarded in November 2017.

Nicaragua: $58 million for Roadworks

June 2016

Using a loan from the CABEI two sections of roads will be built on the highways Muy Muy- Matiguás and Matiguás Rio Blanco, which will connect to the Caribbean coast and Central Pacific region of the country.

From a statement issued by the Central American Bank for Economic Integration:

Managua, June 1, 2016 The Central American Bank for Economic Integration (CABEI) and the Government of Nicaragua today signed a loan for US $58.7 million to finance the project "Improvement of Road Muy Muy - Matiguás - Río Blanco".

The project involves the construction of two sections of roads: Muy Muy- Matiguás of 22.5 kilometers and Matiguás Rio Blanco of 36.0 kilometers, making a total of 58.5 kilometers. This access is part of the strategic corridor linking the Autonomous Region of the Caribbean Coast with the Central and North Pacific Region of Nicaragua.  The route will be built with hydraulic concrete and will take 36 months.

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