The Central American Bank for Economic Integration approved a $21.4 million extension for the financing of the "Project to Improve the Technical and Operational Capabilities of Puerto Corinto."
This extension brings the total amount guaranteed to $184.6 million, making it the largest investment in the country's port sector in recent decades, informed the Central American Bank for Economic Integration (CABEI).
World Bank financing will be used for recovery from earthquakes, volcanic eruptions, floods, hurricanes and other natural disasters.
Resources will be disbursed on a deferred basis in the event of catastrophes, and funds would be activated and disbursed following an official State declaration of public calamity, in accordance with national legislation.
The Central American Bank for Economic Integration expanded the Social Fund for Housing's Global Line of Credit by $60 million to $100 million.
From the CABEI statement:
Tegucigalpa, May 24, 2019 - The Central American Bank for Economic Integration (CABEI) granted an extension to the Global Credit Line (LGC) of the Social Fund for Housing for US$ 60 million, the new amount is US$100 million.
A loan from the Inter-American Development Bank will finance the construction of a new hospital and the implementation of an automated information system in Honduras.
From the IDB press release:
December 12th, 2018. The Inter-American Development Bank has approved a $53.8 million loan to build a new hospital in Honduras that will improve trauma and emergency care services both in the capital Tegucigalpa and the central-southeast region of the country. Through the construction of this hospital and an improvement in health care services, the plan will boost living standards and enhance care for patients with external injuries, in addition to easing the workload at the University Hospital.
The CABEI has approved a $425 million loan to finance a water supply project in three cantons in Guanacaste, Costa Rica.
The Central American Bank for Economic Integration (BCIE) reported that the funds will be used to finance construction of hydraulic, civil and mechanical structures to achieve the multiple purpose of providing water for irrigation, water for human consumption and future generation of energy.
The Congress has ratified a loan with the Inter-American Development Bank to build two hospitals and make improvements to the health system.
The Legislative Assembly reported that "... After constant approaches to achieve the required consensus, the Legislative Assembly unanimously ratified the loan contract between the Executive and the Inter-American Development Bank (IDB) for $170 million to finance the Integrated Health Program II. With the resources it will be possible, among other things, to carry out construction of a new Rosales Hospital and a General Hospital in the northern zone of San Salvador in Nejapa."
The IDB plans to disburse up to $150 million this year to finance road construction and electrification works in areas of the Nicaraguan Caribbean.
Representatives of the entity in Nicaragua explained that the goal is to approve up to $280 million in loans for development works in the country this year.
With a loan from the Inter-American Development Bank, a process to optimize the production and distribution system of drinking water in Panama will be implemented.
The program includes improving the management of the Institute of Aqueducts and Sewerage Systems (IDAAN) and the optimization of the system to produce and distribute potable water.The Government of Panama will contribute an additional US $5.5 million to the program, for a total value of US $255.5 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.
The loan approved by the Nicaraguan Assembly complements the financing needed to expand the Juan Pablo II highway, whose total investment is $275 million.
From a statement from the National Assembly of Nicaragua:
With the two loans approved by the National Assembly of Nicaragua, schools will be built in the Caribbean area and the Juan Pablo II highway will be expanded in Managua.
One of the loans approved by the Assembly is for $55 million, which will be used to build, remodel and expand 45 schools, 20 in the North Caribbean Autonomous Region, five in the South Caribbean Autonomous Region and five in the municipality of Rio San Juan.
Finally, the Legislature has approved a loan from the French government which is part of the funding required to renovate the water treatment plant in Las Pavas, La Libertad.
From a statement issued by the Legislative Assembly of El Salvador:
Following the ratification of the loan agreement between the Government of El Salvador and NATIXIS (Department of Institutional Activities), in the French Republic, with which the water supply in the Metropolitan Area of San Salvador will be guaranteed, deputies have pointed out the benefits which will arise from the renovation of the water treatment plant in Las Pavas for the inhabitants of the greater San Salvador area and thanked the French ambassador to the country, David Izzo, for the interest shown over the approval and ratification of the loan.
The National Assembly has approved a loan of $33 million with the South Korean bank Eximbank, to install solar panels in 15 municipalities, and another $10 million for electrification works in the Caribbean.
The $33 million loan with the Import and Export Bank of South Korea will be used to fund the installation of solar panels in 15 municipalities in the Autonomous Region of the North Caribbean, the Autonomous Region of the South Coast and in the department of Rio San Juan .
Using a loan from the CABEI two sections of roads will be built on the highways Muy Muy- Matiguás and Matiguás Rio Blanco, which will connect to the Caribbean coast and Central Pacific region of the country.
From a statement issued by the Central American Bank for Economic Integration:
Managua, June 1, 2016 The Central American Bank for Economic Integration (CABEI) and the Government of Nicaragua today signed a loan for US $58.7 million to finance the project "Improvement of Road Muy Muy - Matiguás - Río Blanco".
The project involves the construction of two sections of roads: Muy Muy- Matiguás of 22.5 kilometers and Matiguás Rio Blanco of 36.0 kilometers, making a total of 58.5 kilometers.This access is part of the strategic corridor linking the Autonomous Region of the Caribbean Coast with the Central and North Pacific Region of Nicaragua. The route will be built with hydraulic concrete and will take 36 months.
A loan from the Inter-American Development Bank has been approved for the construction of two hospitals and improvements to the health system.
From a statement issued by the Legislative Assembly of El Salvador:
Members authorized with 63 votes, the signing of a loan agreement between the Government of the Republic of El Salvador and the Inter-American Development Bank (IDB), in the amount of $170 million, and financing the implementation of the "Integrated Health Program II".
The National Assembly has approved the loan with the Central American Bank for Economic Integration to build a hospital in the northern Caribbean.
Added to the loan funds will be $7.8 million which will be provided by the government to build a new hospital in the Autonomous Region of the Northern Caribbean (RACN). Elnuevodiario.com.ni reports that "...the CABEI and the Government of Nicaragua signed on 23 September last year a loan agreement to finance the replacement of 'Regional Hospital Nueveo Amanecer', located in the municipality of Puerto Cabezas or Bilwi. "