CABEI outlines route to begin construction of new access road to Tegucigalpa
It is estimated that around 6,400 daily drivers will reduce the average time in traffic by 69% and the annual cost of travel by 46%.
Tegucigalpa, September 20, 2021.- This Monday, a delegation from the Central American Bank for Economic Integration (CABEI), accompanied by officials from Inversiones Estratégicas de Honduras (INVEST-H), visited the area where the road project will be developed to determine the sections of the Peripheral Ring Bypass Project - CA-5 - South Highway.
The new road consists of 5.36 kilometers from Colonia La Cañada (Anillo Periférico sector) to Colonia Santa Rosa in the El Tizatillo village sector (connecting with the CA-5 Sur highway), considering the housing developments in the area, and is financed by CABEI for US$44.26 million.
CABEI Executive President, Dr. Dante Mossi emphasized that "this tour allows us to advance in the definition of the works that more than one million Hondurans will soon be able to enjoy: the new access road to Tegucigalpa, which will undoubtedly improve their quality of life by significantly reducing their travel times and annual costs, as well as significantly reducing the pollution generated by traffic".
The visit was led by CABEI Executive Vice President, Jaime Roberto Díaz, accompanied by CABEI Country Chief Officer in Honduras, Andrea Kafati and other officials; and by INVEST-H, Commissioner Leana Rebeca Martínez, Director of Transportation, Esther Alemán, President of the Intervention Commission, José Ernesto Leva and the TECNISA-ASP Consultores consortium.
The beltway will have a regional impact by connecting to one of the International Network of Mesoamerican Highways (RICAM), improving accessibility, efficiency and safety conditions on integration routes between the Central District, Francisco Morazán and the Pacific Corridor, which connect with important economic development points in the country and the customs offices of Nicaragua and El Salvador.
In May, CABEI made the first disbursement to INVEST-H for US$200,000 to update the designs and final studies required for the construction of the new road.