09232017Headline:
5 Green Reasons Costa Rica Is the Poster Child of the Environment 4 years ago
Have You Tried Guanacaste’s Fastest Growing Sport? 4 years ago
Was Your Costa Rican Bank Account Closed? 4 years ago
Latin America Investment News on Viva Tropical

Huh? Mexico to Fund $74 Million in Honduran Road Work

Article Summary:

Mexico has agreed to fund $74 million dollars for road construction and road safety in the country of Honduras. The monies will come from the Mesoamerican Infrastructure Fund announced by Mexican President Felipe Calderon.

Photo Credit : Radio Honduras

Original Article Text From Radio Honduras via Google Translate :

Mexico announces funding for 74 million dollars for road network in Honduras

The representative of the Mexican Foreign Ministry, Constance McCluskey announced the granting of soft loans totaling 74 million dollars for road construction and road safety in the country, and the possible visit of President Felipe Calderon to the country.

Explained that this funding is part of the Mesoamerican Infrastructure Fund announced by President Felipe Calderon at the summit in Merida, Yucatan, which is 160 million.

“The first loan is for Honduras with 49.13 million dollars for road construction Goascorán-Villa de San Antonio, which will be channeled through the Central American Bank for Economic Integration (CABEI), “he said.

also approved another 20 million dollars for the improvement and extension of the CA-5 North and four million dollars, which are part of a grant from the Aztec government to support the National Road Safety Plan in its second phase, so that in total there are 74 million, said the diplomat.

For his part, Ambassador of Mexico in Tegucigalpa, Victor Hugo Morales, reiterated the support and backing of his country holds the Presidency of Honduras during Pro Tempore of the Mesoamerican.

Also announced that efforts are made ​​the case for Mexican President Felipe Calderon, make an official visit Honduras, by the end of his term in office and to visit projects funded by that country are carried out in the country.
In response, President Lobo Sosa, thanked Mexican cooperation and welcomed his Mexican counterpart to Felipe Calderon visits the country, before his term ends in order to reaffirm the bonds of friendship and brotherhood between the two nations.

Link to Original Article:

From Radio Honduras

Latin America Investment News on Viva Tropical