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- Central District (Tegucigalpa - Comayagüela) Public Transport Project
Central District (Tegucigalpa - Comayagüela) Public Transport Project
Honduras
Borrower | Honduras |
Financing Type | Public Sector |
Instrument | Project Loan |
Focus Area | Transportation |
Approved | 13.06.2013 |
Signed | 19.08.2013 |
Status | Ongoing |
Loan Administrator | IADB |
Executing Agency | Central District Municipal Government (Spanish, AMDC) |
Co-financiers | IADB, Government, CABEI |
OPEC Fund Contribution (US$m) | 8.00 |
Total Project Cost (US$m) | 51.00 |
Works to be carried out under the project include the construction of bus rapid transit corridors and related infrastructure, thereby benefiting around 80,000 passengers per day from improved access to social and economic services and reduced travel time and costs. The project will also help reduce environmental pollution.