Inter-American Development Bank Approves $101.68 Million for Honduras Road Infrastructure
The Inter-American Development Bank (IDB) has approved a $101.68 million financing package aimed at improving road infrastructure in northwestern Honduras. This initiative seeks to enhance connectivity between agricultural regions and major logistics corridors and markets, ultimately reducing transportation costs for local producers. The funding will specifically target the rehabilitation, improvement, and maintenance of 48 kilometers of the Pito Solo–Santa Bárbara section of National Route 20 (RN-20), as well as rural roads in productive areas. The project is expected to directly benefit approximately 63,300 people, including producers, transport operators, and businesses involved in value chains, with an additional 32,630 indirect beneficiaries. Beyond physical road improvements, the program also includes components to strengthen the institutional and technical capacities of Honduras’ Secretariat of Infrastructure and Transportation (SIT) to improve road network management and ensure the long-term sustai...
