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    Signature(s)

    Amount
    € 20,000,000
    Countries
    Sector(s)
    Honduras : € 20,000,000
    Transport : € 20,000,000
    Signature date(s)
    14/03/2006 : € 20,000,000
    Link to source

    Summary sheet

    Release date
    1 March 2005
    Status
    Reference
    Signed | 14/03/2006
    20030419
    Project name
    Promoter - financial intermediary
    Atlantic-Pacific Corridor Project
    The Ministry of Public Works, Transport an Housing - SOPTRAVI, Honduras
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 20 million
    EUR 92 million
    Location
    Sector(s)
    Description
    Objectives

    Construction and upgrading of the local unpaved gravel road between Villa de San Antonio and Goascorán (Honduras). The road forms part of the so-called Honduran Logistical Corridor, connecting the Pacific coast with the Atlantic coast.

    The new road will reduce travel times and vehicle operation costs for transfers between both cities, making it possible for most north-south traffic to avoid passing through the capital Tegucigalpa. Users will also benefit from greater comfort and improved safety standards.

    Environmental aspects
    Procurement

    An environmental impact study has been completed recently, identifying possible environmental impacts and mitigation measures. The study will be made available to the Bank during its appraisal.

    The Bank has been actively involved in the procurement procedures and has reviewed and commented on all tender documents in order to ensure the application of transparent procedures.

    Comments

    Infrastructure

    Link to source

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    News & Stories

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