Honduras to Receive $17.2 Million IDB Loan for Highway Project

By: - February 19th, 2013

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.

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