Road Infrastructure Works in Nicaragua

With an investment of $45 million the government will carry out maintenance and construction works on 86 kilometers of roads in the north of the country.

Friday, November 2, 2012

Among the works planned is improvements to the section from San Sebastian de Yali to Condega and the stretch La Laguna-La Laguna, which joins Jinotega,San Rafael del Norte and San Sebastian de Yali.

The Finance Minister Ivan Acosta, said the works will benefit 92 communities and directly impact on trade in the north.

"Acosta says they hope to have a direct impact on trade in the north and Nicaragua's exports, taking into account the high level of coffee production is in the area", noted an article in Laprensa.com.ni



More on this topic

Nicaragua: $43 Million to Build Bridges

July 2017

With funding from the Japanese International Cooperation Agency, four bridges will be built on the road linking the municipalities of Rio Blanco and Siuna in the North Caribbean.

The Ministry of Infrastructure and Transport explained that the bridges to be built are Mulukukú, Lisawe, Labú and Prinzapolka, each with a length of 174 meters, 80, 90 and 92 meters, respectively.  The bridges will be built on the road that connects the municipalities of Río Blanco and Siuna, in the North Caribbean. 

The Bureaucracy Associated with International Lending

June 2014

The Minister of Finance in Nicaragua has signalled the need for public officials who lead the implementation of internationally funded projects to streamline processes.

Minister Ivan Acosta said in an article on Laprensa.com.ni that "... public officials and Bank staff -with the introduction of technology- can spend up to six months chatting by email about whether there is any objection to the process or not, while people are waiting for the projects. "

Nicaragua: Urgent Need for Improved Road Infrastructure

February 2012

2,500 km of roads are in good condition, while another 15,000 km need maintenance.

"The problem is that every new kilometer of road costs at least half a million dollars, on average", said the head of the Ministry of Transport and Infrastructure (MTI), Pablo Fernando Martinez, according to an article in LaPrensa.com.ni.

Nicaragua: 2012 Budget at $1,900 million

September 2011

The budget for next year represents an increase of 16% compared to this year.

The figures were released by the Deputy Minister of Finance and Public Credit, Ivan Acosta.

The representative added that the government is receiving more income from taxes, "which corresponds with the behavior of productive activity, exports and investments", reported Laprensa.com.ni

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