The Mayor of Managua plans to invest about $10 million in maintenance, cleaning of riverbeds and drainage projects before the rainy season begins.
The 2017 Winter Plan, presented by the Mayor of Managua, includes works such as cleaning river beds, construction of new works, maintenance of streets and drainage projects.
With a loan from Exim Bank the South Korean government plans to build a four-lane highway between Ticuantepe and Nejapa.
The Ortega administration has announced that the $70.5 million loan from the Korean bank will be added to $25 million coming from the state budget.
Elnuevodiario.com.ni reports that "...According to Rosario Murillo, the route will have the following characteristics: a length of 16 kilometers of pavement, with four lanes between Ticuantepe and Managua.The route starts at kilometer 14 of thehighway to Masaya and will end on the old road to Leon, between the southern gatehouse and Altos de Ticomo. In addition, there will be a resurfacing of 2.64 kilometers in San Isidro de Bolas."
A $53 million road renovation project in Costa Rica, a commercial building and three roadworks in Panama are some of the public infrastructure projects planned for the coming months in the region.
The information system"Construction Projects in Central America",complied by the Business Intelligence Unit at CentralAmericaData, provides an up to date list of the public and private construction projects for which environmental impact assessment (EIA) studies were submitted to the respective institutions of each country in January 2017.
The Mayor of Managua is getting ready to tender the project to expand the John Paul II highway, which includes the construction of five underpasses and a bike path.
The project will be financed with a loan from the CABEIapproved in late Januaryby the National Assembly. Theauthorities at the Mayoral office of Managua explained that the plan is to publish the tender this year and possibly start work in 2018.
The National Assembly approved the $29 million loan to finance the construction of a 12 kilometer road between El Crucero and the old road to Leon.
From a statement issued by from the National Assembly:
The construction of a 12 kilometer stretch of road which will improve the interconnection between El Crucero and the Old road to Leon road will be possible after the unanimous approval this March 21 of a Loan Decree, presented by the Presidency of the Republic to partially finance the implementation of the Road Improvement Project El Boquete - Santa Ana.
The Executive Branch has submitted a bill to build a stretch of 12 kilometers between the towns of El Crucero and Villa Carlos Fonseca, in Managua.
The bill presented for discussion in the Legislative Assembly comprises construction in asphaltic concrete of a stretch of 12 kilometers, which will be financed with a loan from the Central American Bank for Economic Integration (BCIE).
Using a loan from the World Bank two access roads to the capital will be built and 46 km of rural roads will be paved.
A statement issued by the World Bank says that "... The Rural and Urban Access Improvement Project proposes the expansion and construction of new roads and the rehabilitation and maintenance of existing ones. "
"... The project includes the construction and expansion of two trunk highways with access to the capital, which will help reduce traffic congestion in an area where a large share of the country’s international transport takes place. "
The government has announced that with funding from the Japanese International Cooperation Agency four bridges will be built on the Caribbean coast, with a completion date of 2022.
The Ortega administration explained that $49 million relates to a loan signed with the Japanese International Cooperation Agency (JICA), and another $10 million will be provided by the state.The bridges will be built on the Caribbean coast, in the areas of Prinzapolka, Labu, Lisawe and Mulukukú.
With a loan from CABEI renovation of the John Paul II runway and the construction of overpasses will be partially financed.
From a statement issued by the Central American Bank for Economic Integration (BCIE):
Tegucigalpa January 30, 2017.-The Board of the Central American Bank for Economic Integration (CABEI) approved a loan of US $105.4 million to the Republic of Nicaragua for the partial financing of "Project for Renovation of the John Paul II Runway and Construction of Overpasses."
The construction of overpasses, two Olympic swimming pools and a sports complex are some of the projects planned by the Mayoral Office of Managua for development in 2017.
The Mayoral office of Managua has filed its 2017 Annual Investment Plan (AIP), which includes the development of 441 projects in 404 districts of Managua.For the development of these projects, the authorities announced that the Mayoral Office has allocated $161 million.
Financing from the CABEI will be used for the construction of two sections road measuring 58 kilometer in the departments of Managua, Carazo and Granada.
From a statement issued by the CABEI:
Managua, November 15, 2016.-The Central American Bank for Economic Integration and the Government of the Republic of Nicaragua signed a loan for US $67.0 million to finance the project "Improvement of Tranches of Nejapa Road - El Crucero - Diriamba - Jinotepe-Nandaime" consisting in the construction of two highway sections using hot asphalt mix, which together total 58.13 kilometers, located in the departments of Managua, Carazo and Granada.
With a BCIE loan approved by the National Assembly, roads connecting the departments of Managua, Boaco, Chontales and Granada will be improved.
From a statement from the National Assembly of Nicaragua:
The National Assembly unanimously approved the Decree on a Loan to improve the road sections: Malacatoya - Victoria de Julio and Malacatoya- El Palo - El Papayal. The road infrastructurefinanced by the Central American Bank for Economic Integration (BCIE) will connect the departments of Managua, Boaco, Chontales and Granada.
Infrastructure such as roads, ports and airports and utilities can now receive private investment.
The law was prepared by the Executive in conjunction with the private sector, represented by the Superior Council of Private Enterprise (COSEP).
Elnuevodiario.com.ni reports that "...The deputy in the Sandinista party Jose Figueroa, a member of the Commission of Economy and Budget, said that this law will allow private investors to be able to receive compensation for their investments, which can be kind of tax incentive."
A value of more than $5 billion has been given to the investment projects that the Ortega administration intends to carry out through public, private and investment partnership deals.
Among the projects proposed by the Nicaraguan government and open to funding proposals are: