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- Roads Maintenance and Improvement Program
Roads Maintenance and Improvement Program
Nicaragua
Borrower | Nicaragua |
Financing Type | Public Sector |
Instrument | Project Loan |
Focus Area | Transportation |
Approved | 07.12.1995 |
Signed | 24.07.1996 |
Status | Completed |
Loan Administrator | IADB |
Executing Agency | Ministry of Communication and Transport |
Co-financiers | IADB, IDA, BANDES, DANIDA, EU, Government |
OPEC Fund Contribution (US$m) | 5.00 |
Total Project Cost (US$m) | 223.00 |
This project upgraded and rehabilitated around 650 km of rural roads, 150 km of roads connecting rural areas with markets and urban centers, and 150 km of main highways. As a result, the transport of goods and people has been greatly facilitated, thus boosting the living standards among the rural poor.