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- Operations
- Rancho Rojo - La Calamidad Road Project
Rancho Rojo - La Calamidad Road Project
Nicaragua
Borrower | Nicaragua |
Financing Type | Public Sector |
Instrument | Project Loan |
Focus Area | Transportation |
Approved | 16.12.2014 |
Signed | 17.04.2015 |
Status | Completed |
Loan Administrator | OPEC Fund |
Executing Agency | Ministry of Transport and Infrastructure |
Co-financiers | Government |
OPEC Fund Contribution (US$m) | 7.00 |
Total Project Cost (US$m) | 8.80 |
To upgrade a 10 km gravel road in the department of Boaco, which becomes easily flooded in the rainy season. The improved road will ease the transport of produce and inputs and enable around 50,000 people to access social services and jobs.