Projects that are not covered by funds from the Millennium Challenge Corporation, could have $60 million in financing offered by the IDB.
According to an article Laprensagrafica.com the IDB representative in El Salvador, Rodrigo Parot, indicated that they are in discussions with the Salvadoran government "about the possibility of linking us to the efforts made in the Association for Growth of the coastal strip - marina and we will be working on a project to leverage resources for these projects "
In Guatemala, legislative barriers are delaying 3 loan approvals for infrastructure, competitiveness and development.
Three loans totaling $179 million are in danger of being lost due to delays in Congress in approving the loans, despite having them on the agenda.
One is for $29 million for a National Programme for Competitiveness (Pronacom), which is on the verge of collapse due to lack of funds, reports El Diario de Centro America.
The Salvadoran Congress has authorized loan applications of up to $30 million for the Rural Connectivity Programme in the North and East of the country.
The amount will be managed by the Ministry of Finance and will be signed with the OPEN Fund for International Development (OFID), and the Inter-American Development Bank (IDB), reported DiarioCoLatino.com.
Several organizations are working on a management plan for roads and trade and in the border area of Paso Canoas.
Extending the customs buildings, demarcation of public roads, relocation of small businesses located at present on the sidewalks and the possible construction of a sewerage system are some of the actions included in the project.
A project by the Inter-American Development Bank on possible improvements to be made in the area is being examined by authorities in Costa Rica and Panama.
The Costa Rican Legislative Assembly has approved a $200 million loan for road infrastructure.
The Inter-American Development Bank (IDB) loan, is part of a loan package of $850 million, which will be disbursed in installments.
"These resources, which are exclusively for matters relating to road infrastructure, will be used for a second tranche of cantonal road development in a number of towns and roads that have already been established, the projects will be monitored by a unit of the Ministry of Public Works and Transportation", published Prensalibre.cr.
$35 million will finance rural roads, supervision and institutional strengthening
El Salvador will improve rural roads in areas with high productive potential with a $35 million loan approved by the Inter-American Development Bank (IDB).
The IDB loan will finance the rehabilitation and/or improvement of some 80 km of rural roads within a new approach to rural roads management which enhances the investment planning and programming process, optimizing cost and project impact.
After meeting with President Porfirio Lobo, World Bank authorities announced loans for building and repairing the country’s roads.
These resources are in addition to others by the Inter-American Development Bank (IDB) and the Central American Bank for Economic Integration (CABEI). In total $400 million are available for road infrastructure, explained Miguel Pastor, transport minister.