Nicaragua Approves $62 Million for Caribbean Highway

The National Assembly has approved a loan from the Central American Bank for Economic Integration for hydraulic cement paving of 45 kms of the stretch passing through La Gateada- Naciones Unidas - Bluefields.

Wednesday, January 28, 2015

From a statement issued by the National Assembly of Nicaragua:

The National Assembly unanimously approved on January 27, a Loan Decree to finance the Road Connectivity Project on the Caribbean coast, which will be implemented by the Ministry of Transportation and Infrastructure.

The total amount for the Road Connectivity project is in the order of $62,761,000 and the funds to be used to finance the Gateada- Naciones Unidas- Bluefields road will come from the Central American Bank for Development with the aim of increasing physical accessibility of the population of the Autonomous South Atlantic Region (RAAS), thus facilitating their integration into national and regional productive markets.

¿Busca soluciones de inteligencia comercial para su empresa?



More on this topic

$105 million Loan for Infrastructure

August 2017

The loan approved by the Nicaraguan Assembly complements the financing needed to expand the Juan Pablo II highway, whose total investment is $275 million.

The loan approved by the Nicaraguan Assembly complements the financing needed to expand the Juan Pablo II highway, whose total investment is $275 million.

Nicaragua: $29 million for Road Construction

March 2017

The National Assembly approved the $29 million loan to finance the construction of a 12 kilometer road between El Crucero and the old road to Leon.

From a statement issued by from the National Assembly:

The construction of a 12 kilometer stretch of road which will improve the interconnection between El Crucero and the Old road to Leon road will be possible after the unanimous approval this March 21 of a Loan Decree, presented by the Presidency of the Republic to partially finance the implementation of the Road Improvement Project El Boquete - Santa Ana.

Nicaragua: $58 million to Build Road

August 2016

With the BCIE loan recently approved by Congress a stretch of 58 kilometers of the highway linking the Caribbean to downtown areas and the Pacific coast will be renovated.

From a statement issued by the National Assembly of Panama:

The National Assembly unanimously approved this August 23, a loan issued by the Central American Bank for Economic Integration (BCIE), to partially finance the implementation of a project to improve the road Muy Muy- Matiguás- Rio Blanco, in the department of Matagalpa.

Nicaragua: $149 million for Road Infrastructure

February 2015

The Central American Bank for Economic Integration has approved a loan of $149 million for the construction of 126 miles of road between the towns of Mulukukú and Siuna.

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

The Central American Bank for Economic Integration (BCIE) and the government of Nicaragua signed a loan for $149.2 million to finance the 'Project to Improve Rural Roads and Highways with a Connection to the Nicaraguan Caribbean '.

ok