Cuenta Reto Milenio
in Central America
Thursday, October 6, 2011
A $28 million BCIE loan for the completion of the C-5 North Highway and the Interconector Milenio has been approved and will be managed by Cuenta del Milenio – Honduras.
From the press release:
28 million dollars approved for the CA-5 North Highway
A full congressional session approved the loan to the order of $28 million which will be administered by the Cuenta del Milenio - Honduras to complement the expansion works and improvements to the CA-5 North Hightway and the construction of the Interconector Milenio .
Friday, April 1, 2011
During the past five years the Cuenta Reto del Milenio invested $ 6.8 million in a project which generated 3.000 jobs, benefiting over 3.200 farmers.
Located in Leon and Chinandega, western Nicaragua, the project allowed reforestation of nearly 7.500 hectares of forest for timber and charcoal.
Thursday, July 8, 2010
Work has begun on the widening of the Tegucigalpa-Río del Hombre-Las Mercedes stretch of the CA-5 highway.
The project is made possible by a loan from the Central American Bank for Economic Integration (BCIE) and funds from the Inter-American Development Bank (IDB) and is expected to be completed by June 2012.
The widening of the country’s key transport route will benefit agriculture, trade, industry and tourism in the central region of Honduras.
Friday, April 23, 2010
Congress passed a bill to expropriate, under public interest, land required to widen the CA-5 North highway.
This project was stalled as landowners and government weren’t unable to agree on how much the first should be paid for the land.
Time is of the essence, as $105 million donated by the Millenium Challenge Account must be spent before September.
Thursday, March 25, 2010
The government wants to use the money to resume building the northern highway and to strengthen agriculture projects.
Based in Washington, the Millennium Challenge Account had suspended aid to Honduras after the destitution of former president Manuel Zelaya.
Friday, February 5, 2010
CEI, the Nicaraguan Center for Exports, closed an agreement with the Millennium Challenge Account to assist growers from the country’s west.
Five thousand farmers from the provinces of León and Chinandega will be trained to improve the quality of their crops and will receive assistance to identify international market opportunities for their products.
Wednesday, February 3, 2010
CABEI is holding $130 million in disbursements until the country pays a pending balance of $5 million.
These $130 million from the Central American Bank for Economic Integration are earmarked to build a highway in the north of the country, a project managed by the Millennium Challenge Account.
Tuesday, December 22, 2009
The $24 million public bidding process, intended to improve 80 km of rural roads, was canceled due to lack of funding.
The works comprised improving roads in 25 municipalities in different departments of the country.
The Millenium Challenge Account in Honduras (MCA) informed "interested bidders that by order of MCA United States the funds earmarked for bidding process LPI/PC/No02 -2009 have been cancelled. Accordingly, MCA Honduras is cancelling the bidding process", reported Elheraldo.hn.
Friday, August 14, 2009
Centrolac and spokespersons from the Millennium Challenge signed an agreement for commercializing milk by western producers.
In the first phase, Centrolac plans to purchase 5 million liters of milk, meaning over $1.850.000 for livestock breeders.
Monday, June 15, 2009
The funds will be used in the projects that were going to be financed by the withdrawn resources of the U.S. Millennium Challenge Fund.
The president of Nicaragua, Daniel Ortega, announced on Sunday, June 14th that its Venezuelan counterpart Hugo Chávez approved $50 million to the Central American country for the project of territorial, infrastructure, and rural road improvements.
Thursday, June 11, 2009
These CRM funds had been designated for the construction of a highway project and a property regulation project.
The board of directors of the Millennium Challenge Fund (CRM) unanimously resolved to reduce the aid to Nicaragua by $64 million (of a total of $175 million).
Wednesday, June 10, 2009
Hortifruti, an affiliate to Wal-Mart Central America, certified the quality of Honduran fruit and vegetable producers.
The certification project—implemented by Wal-Mart Central America’s “Tierra Fértil” program and the “Eda de la Cuenta del Milenio Honduras” program—endeavors to offer technical training to farmers and to implement best practices throughout business activities. On this occasion, eight producers were certified.
Thursday, April 30, 2009
The lab is the largest and most modern in Central America for in vitro propagation of coffee by somatic embryogenesis.
It is located in Santa Barbara, Honduras and required an investment of $1 million. It was constructed with fund contributions from the Millennium Account-Honduras and the Honduran Coffee Institute.
Friday, April 24, 2009
In two weeks, the third installment (6.25 kms) of the Longitudinal Road North, from Matazano to Santa Rosa Guachipilín, will be tendered.
In addition to the 6.25 km section to be opened between El Matazano to Santa Rosa Guachipilín, the tender will include the improvement of 13.29 kms of road between Matazano and Nueva Concepción and the improvement of the 1.73 km access road to Santa Rosa Guachipilín."
Tuesday, April 14, 2009
Small bean producers will create a company that will sell the grain to Salvadoran importers.
The measure, whose implementation will cost $600 thousand for the construction of a plant in the city of Sebaco, aims to minimize the relationship between the Nicaraguan producer and the Salvadoran importer to increase bean harvest profits.
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