Key road in Honduras to be helped by IADB‘s loan
9 February 2023
An important loan facility worth US$175 million will help pay for work to a key road in Honduras. This is being supplied via the Inter-American Development Bank (IADB). The 35km CA-9 Norte route will improve transport in the country.
The IADB itself is supplying $75 million of the loan while the remaining $100 million is being provided by the AECID. The sum will be paid over a 5-year period and will have to be repaid in 23 years, although there is a 7.5-year grace period.
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