El Salvador: $144 million for Roadworks

08 Sep 2015

With an international loan the government plans to expand two sections of the road to Puerto La Libertad and build two bridges in the border areas of La Hachadura and Anguiatú.
From a statement issued by the Government of El Salvador:

El Salvador and Mexico sign agreement to develop strategic highway infrastructure with funds from Yucatan-BCIE

The governments of El Salvador and Mexico today signed a loan agreement for the development of strategic road infrastructure using Yucatan-BCIE funds for the expansion of the road to Puerto La Libertad, sections I and II, and the construction of bridges on the borders of La Hachadura and Anguiatú, both bordering Guatemala.

These strategic road infrastructure projects for the departments of Ahuachapán, Santa Ana and La Libertad, are part of the national commitment to logistics and regional integration by the government of President Salvador Sanchez Ceren.

All participants will be free to operate in generation, transmission and distribution activities.

This regulatory framework ensures the legal certainty needed for investments in the electricity sector. The enforcement mechanisms and constitutional basis cannot be modified without the support of all participants. The operation of the Transmission System and the Wholesale Market is based on production costs with a marginal economic model that rewards efficiency and allows investors to obtain guaranteed profits, while end users get affordable rates.

Source: centralamericadata.com