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  2. Empalme La Tranquera-Pueblo Nuevo Rural Road Project

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Empalme La Tranquera-Pueblo Nuevo Rural Road Project

Nicaragua

Borrower Nicaragua
Financing Type Public Sector
Instrument Project Loan
Focus Area Transportation
Approved 15.12.2021
Signed 03.06.2022
Status Ongoing
Loan Administrator OPEC Fund
Executing Agency MTI
Co-financiers Government
OPEC Fund Contribution (US$m) 23.00
Total Project Cost (US$m) 26.63

To promote sustainable development and regional integration in the northern department of Estelí, where agriculture is the main economic activity. The project includes the upgrading of a 22-km road – presently usable only during the dry season – to provide year-round access for some 110,000 people. The improved road will facilitate the transport of crops to marketplaces and enhance connectivity to social services and employment opportunities.
 

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