Road Infrastructure: $20 Million Investment

In Honduras, the National Congress approved a decree that guarantees the investment of $20 million in a series of road infrastructure projects in the city of La Ceiba.

Thursday, February 6, 2020

The decree contemplates that the funds will be used to build the extension of "Calle 8" with two lanes starting from "La Amistad" Boulevard, connected to the street that leads to the Air Base, including a grade change that connects with the CA-13 highway, reported the National Congress.

You may be interested in "Road Infrastructure: Projects for $3.3 Billion"

The official statement dated February 6 also states that "... the construction of the new bridge over the Danto River with a length of 120 meters and the repair of the bridge on the CA-13 highway over the same river."

The document concludes that "... The funds to carry out this investment will be lent to the Municipal Corporation of La Ceiba at zero percent interest by the INVEST-Honduras trust.

For this purpose, the Municipality of La Ceiba determined as a mechanism for the restitution of the investment, an exclusive contribution from the citizens of La Ceiba, which will be collected annually, through the payment of vehicle registration fees.
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More on this topic

$250 Million Wanted for Road Works

March 2019

The Costa Rican government plans to apply to the CABEI for a loan to finance maintenance work on 500 bridges of the national road network and other works.

The loan that the Ministry of Public Works and Transport (MOPT) will apply to the Central American Bank for Economic Integration (CABEI) would be ready in May, and would be under the direct financing modality.

$27 million in Infrastructure in the Southern Zone of Costa Rica

January 2012

The works comprise the renovation of road surfaces, and construction of bridges and storm drains on major routes in the area.

From the press release by the Ministry of Public Works and Transport:

The Ministry of Public Works and Transportation (MOPT) and the National Roads Authority (CONAVI) has intensified repair works on road surfaces and bridge building on major roads in the Southern Zone, where it has invested a total of ¢13.448 million ($ 27 million) from the Road Fund.

El Salvador: $56 million Investment in Road Maintenance

January 2012

The Road Maintenance Fund Authority has announced the start of road projects for 2012, which include routine maintenance works, and construction of roads and bridges.

A press release from the Ministry of Public Works reads:

The Road Maintenance Fund Authority (FOVIAL) today announced the start of road projects for 2012, which include routine maintenance works, and construction of roads and bridges, which will bring great benefits to the population and will generate thousands of jobs.

El Salvador Awards Roadwork Contracts

February 2011

Authorities awarded $11.2 million in 20 road maintenance contracts for unpaved roads.

A total 3.087,64 kilometers of road will be repaired and companies must start working as soon as possible.

FOVIAL explained that these works are part of the required yearly road maintenance, necessary to ensure an adequate useful life of network.

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