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- Rural Roads Development Project
Rural Roads Development Project
Nicaragua
| Borrower | Nicaragua |
| Financing Type | Public Sector |
| Instrument | Project Loan |
| Focus Area | Transportation |
| Approved | 12.12.2017 |
| Signed | 21.04.2018 |
| Status | Completed |
| Loan Administrator | OPEC Fund |
| Executing Agency | Ministerio de Transporte e Infrastructura |
| Co-financiers | Government |
| OPEC Fund Contribution (US$m) | 30.00 |
| Total Project Cost (US$m) | 33.50 |
To reduce poverty and promote economic development in rural regions in the north and central part of the country by upgrading over 37km of roads and constructing new bridges. This will facilitate the socio-economic integration of the targeted areas with the rest of the country, benefiting around 100,000 people.