Panama City, July 20th, 2023.– In order to contribute to Panama's socioeconomic development by investing in projects that improve people's quality of life, the pre-investment studies for the development of the "North David Corridor Road Project" under the Public-Private Partnership (PPP) modality, financed by the Central American Bank for Economic Integration (CABEI), recently began. This involves ...
Panama City, July 10th, 2023 - In order to see first-hand the physical progress of the projects currently being executed with the financial and technical support of the Central American Bank for Economic Integration (CABEI), a high-level mission from the multilateral recently visited the Beach Corridor Project, an initiative that will reduce travel time on the only road that connects the capital ...
Panama, June 01, 2023 .- With the purpose of verifying the construction progress of the Beach Corridor Project, technical teams from the Central American Bank for Economic Integration (CABEI) toured these works, whose total financing comes from CABEI for US$140.0 million and which recently made a second disbursement of US$10.1 million. Currently, the initiative, which aims to reduce travel times ...
Punta Cana, May 9th, 2023.– Around 659,830 Dominicans in the provinces of Santo Domingo, San Pedro de Macorís and El Seibo will be able to improve their road circulation, reduce travel time between provinces, reduce the number of accidents and encourage tourism in the municipality of Miches, through the "National Road Infrastructure Connectivity and Transformation Plan of the Dominican Republic ...
Panama City, April 26, 2023 .- On the eve of its next Ordinary Board of Governors Meeting and reaffirming its commitment to the social and economic development of its member countries, the Central American Bank for Economic Integration (CABEI) made the first disbursement of US$23.23.0 million, through an innovative partial payment accounts (PPAs) scheme, for the progress of works on the Beach ...
Tegucigalpa, December xx, 2022.- Several vulnerable roads, bridges, sewers, homes and educational centers, among other infrastructure catalogued as being at imminent risk after the passage of storm Bonnie, the Pacific Intertropical Convergence Zone and hurricane Julia in Costa Rica will be rebuilt with the largest financing approved in the history of the Central American Bank for Economic ...
Panama City, December 5 th , 2022. - The Central American Bank for Economic Integration (CABEI) and the Bridges and Roads Infrastructures consortium formalized today the financing contract for the US$140 million Beach Corridor Project with the objective of reducing vehicular travel times and road safety for more than 50,000 Panamanians who use the Pan-American Highway, the only road that connects ...
Buenos Aires, november 1st, 2022.- The Central American Bank for Economic Integration (CABEI) approved US$100 million to support the state agency with working capital to guarantee the conservation and improvement of its road infrastructure in order to strengthen the execution capacities of El Salvador’s Road Conservation Fund (FOVIAL). The proceeds of the Credit Line will be used to make payments ...
Tegucigalpa, October 20th, 2022 - For the first time in history, the North Caribbean Coast of Nicaragua will be permanently connected to the rest of the country thanks to the construction of the Wawa Bridge, a completed work of great importance for the economic and social development of the area that received financial support from the Central American Bank for Economic Integration (CABEI) as part ...
Managua, May 18th, 2022.- The 58.5 kilometers of the Muy Muy-Matiguás-Río Blanco Highway, located between the departments of Matagalpa and the North Caribbean Coast of Nicaragua, contribute to boosting the economy, tourism, agricultural production, improving transportation in the area and the well-being of its inhabitants. The works were executed in three road segments: the first, Muy Muy-Matiguas ...
