Uruguay to Strengthen Its National Road Network with IDB Support
Uruguay, Nov. 25 -- The Inter-American Development Bank (IDB) Board of Executive Directors has approved a Conditional Credit Line for Investment Projects (CCLIP) of $675 million to support a pioneering program aimed at optimizing public spending, improving road asset management, and preserving Uruguay's National Road Network (RVN).As part of this credit line, the Board approved an initial individual operation of $150 million to finance rehabilitation and maintenance works based on results. The works will initially focus on the National Route 8 corridor and later expand to other priority corridors in the country.This first individual operation will benefit 167,000 people, with an initial impact on 59,000 residents in the area of influence of...
To read the full article or to get the complete feed from this publication, please
Contact Us.