Of the CABEI funds, $30 million will be used to widen 50km of Route 112 to four lanes.
“The Rural Infrastructure Program will receive funds totalling $15 million to be invested in local roads, environmentally friendly rural electrification projects, as well as the renewal and maintenance of existing infrastructure, benefitting the country’s poorest communities,” reports Capitales.com.
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August 2011
A loan from the Central American Bank for Economic Integration is intended to improve rural roads in the north.
The improvement works on rural roads will allow access to the Longitudinal del Norte Highway from the municipalities of the Department of Chalatenango.
"The FMLN deputy Inmar Reyes said the money will be used for connections in the north of the country where there are municipalities where the Longitudinal del Norte bypasses them making it necessary to improve road infrastructure so that they can have access to this new communication path.
March 2011
The project by the Central American Bank for Economic Integration will assist in improving living conditions of low-income families located in rural areas.
To improve the living conditions of people in rural areas of Nicaragua, the Central American Bank for Economic Integration (BCIE), approved $ 8 million supporting the Integration of Small Producers to Value Chains and Market Access Program (PROCAVAL).
September 2011
The country will have its road network improved in the north and east with a loan from the Inter-American Development Bank.
An IDB press release states:
The program will identify priority areas and carry out road works in order to maximize the economic and social benefits to local people.
February 2012
Nicaragua's National Assembly has approved a loan to be used to finance a Project for the Improvement of Rural Road Infrastructure.
From the press release from the National Assembly of Nicaragua:
The plenary of the National Assembly approved the February 23rd, a loan agreement between the Government of Nicaragua and the International Development Association (IDA) at the World Bank, amounting to 35 million dollars in order to finance a rural road infrastructure improvement project.