CABEI and the Honduran Government prepare Maritime Vehicular Bridge Project between Coyolito and Amapala
As part of the implementation of the Trinational Investment and Economic Development Master Plan in the Gulf of Fonseca, CABEI and Honduran government representatives visited the project area.
Tegucigalpa, September 14, 2021.- With the objective of contributing to the inclusive and environmentally sustainable economic development of the municipality of Amapala and surrounding areas, representatives of the Central American Bank for Economic Integration (CABEI) accompanied a delegation from the Honduran Government, led by the Honduran Republic's President, Mr. Juan Orlando Hernández, on a tour of the area planned for the construction of the maritime vehicular bridge linking Coyolito to Isla del Tigre (also known as Amapala).
This project is part of the Trinational Investment and Economic Development Master Plan for the Gulf of Fonseca. It will increase the logistics infrastructure capacity in the area and improve the living conditions of the population by generating inclusive and sustainable economic opportunities according to the territory's potential; facilitating the movement of people and the exchange of goods and services for the island's inhabitants, as well as improving basic services and expanding the tourism offer.
CABEI Executive President, Dr. Dante Mossi highlighted that "we are promoting this important project that will serve as the main connection to the mainland to mobilize cargo to the logistics corridor and the Pacific corridor and thus boost the development of the area. CABEI, as the financial arm of the region, will be supporting the formulation and implementation of this project, which, when completed, will bring prosperity to the Gulf of Fonseca region, a privileged natural area with great development potential.
During the pre-investment phase of the project, final studies, and designs for the construction of the bridge, environmental and social studies, studies for the land use planning of Amapala Island, and the provision of water and sanitation, energy and other services will be carried out.
CABEI Executive Vice President Jaime Roberto Díaz, CABEI Sovereign Public Sector Manager Manuel Torres Lezama, CABEI Country Chief Officer for Honduras Andrea Kafati, Climate Change and Environment Specialist Eduardo González and CABEI Country Director for Honduras Catherine Chang participated in the recognition tour.
CABEI has demonstrated its support for the process of revitalizing the Gulf of Fonseca region by providing US$2 million to develop pre-feasibility and feasibility studies for public and private investment projects, in line with the objectives of the Trinational Investment and Economic Development Master Plan.