Banrural and the German Bank for Development and Investment have granted a loan to Servicios para Centrales S.A. to finish building the bus transfer terminal CentraNorte in Guatemala.
The Rural Development Bank (Banrural) and the German Bank for Development and Investment (DEG, by its German acronym), have agreed to pay $40 million to the company Servicios para Centrales S.A., to complete construction of the bus transfer terminal CentraNorte, reported Elperiodico.com.gt.
The Colombian company, Conconcreto, has announced an investment of $25 million to build the project.
The new bus terminal will have capacity to serve two million passengers a month, and will be built by Conconcreto and the company Servicios Para Centrales, originally from Guatemala, which will provide the remaining 50% of the investment ($25 million).
The complex will also have space for 300 banks, restaurants and shops.
In order to ease congestion of traffic coming from the East, a bus terminal will be built, which will be able to receive 2 million passengers per month.
Starting today the accord regulating construction types and use of the ground in the Municipality of Guatemala will come into effect.
According to elperiodico.com.gt, "Accord 30-08, published in the Government daily on 30 December, has 135 articles and one chapter with the regulations establishing the requirements that establishments that are open to the public must meet, such as bars, churches, discotheques, or the sale of alcoholic drinks, etc."
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