In Honduras plans are being drawn up for the tourism corridor tollroad project. This route will connect the cities of San Pedro Sula, La Barca, El Progreso, Tela, and La Ceiba port on the Atlantic Coast, reports Business News Americas. The project has made another move forward as it has received support from the Multilateral Investment Guarantee Agency (Miga).
The 200km road project has been awarded to the consortium Autopistas del Atlántico. The aim of the project is to increase economic activity and transportation safety in northern Honduras.
Miga, the risk insurance and credit enhancement arm of the World Bank, will provide guarantees of US$124 million for to two of the project's lenders: JPMorgan Chase Bank and Inter-American Infrastructure Financing Corporation (CIFI).
The tourism corridor is financed through a public-private partnership and managed by Honduras' public-private promotion agency Coalianza.
The 200km road project has been awarded to the consortium Autopistas del Atlántico. The aim of the project is to increase economic activity and transportation safety in northern Honduras.
Miga, the risk insurance and credit enhancement arm of the World Bank, will provide guarantees of US$124 million for to two of the project's lenders: JPMorgan Chase Bank and Inter-American Infrastructure Financing Corporation (CIFI).
The tourism corridor is financed through a public-private partnership and managed by Honduras' public-private promotion agency Coalianza.
