February 19, 2013 | 11:31 am | Print
Above: Puerto Cortes
By the Caribbean Journal staff
The Inter-American Development Bank has approved a $17.2 million loan to widen and improve the principal highway in Honduras, it announced.
The loan will complement a $30 million loan approved by the IDB in 2007 and a $50 million loan first approved by the IDB in 2004 to finish work on CA-5 Norte.
The highway links Honduras’ capital, Tegucigalpa, with the country’s main industrial area, San Pedro Sula, and with the only deep-water port in Central America, Puerto Cortes, on the Caribbean coast.
The investments will convert 60 percent of CA-5 Norte into a four-lane highway.