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- Empalme La Tranquera-Pueblo Nuevo Rural Road Project
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.