POST Online Media Lite Edition


Nicaragua to build bridges with support from Japan

Staff Writer |
The Japanese International Cooperation Agency (JICA) will give a $49 million credit to Nicaragua to design and build four bridges in the region of Costa Caribe.

Article continues below

'We want to thank the people and Government of Japan for their great collaborations, devoting resources to improve our roads and to give better service to the population,' said Amadeo Santana, Nicaraguan acting minister of Transportation and Infrastructure.

Besides, he explained that those bridges, the finishing of which has been planned for 2022, would be built in the route from Rio Blanco to Siuna, where there is an important investment on a hydraulic-concrete road.

JICA representative for Central America and the Caribbean, Issei Aoki, specified that the Japanese agency worked on the assessment studies for the works, which will cost $59 million, 49 from JICA and 10 from the Sandinista Government.

That new credit will be paid in 40 years, with a 0.1-percent interest for construction costs and 0.01 percent for design consultancy costs.

What to read next

Nicaragua starts China-led canal to rival Panama
Iran ready to help Nicaragua build oceanic canal
Nicaraguans protest over China canal deal