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- Where we work
- 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.