Release date: 1 March 2005
Promoter – Financial Intermediary
The Ministry of Public Works, Transport an Housing - SOPTRAVI, HondurasLocation
Description
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.
Objectives
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.
Comments
Infrastructure
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 20 million
Total cost (Approximate amount)
EUR 92 million
Environmental aspects
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.
Procurement
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.
Status
Signed - 14/03/2006
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).