(TODAY NICARAGUA) With US$27 million dollars (717.1 millones de córdoba) the Banco Mundial (World Bank) will be financing from August the construction of the 26 kilometers of the road between Bluefields and San Francisco in the municipality of Nueva Guinea.
The road will be built with reinforced concrete within a period of two years and the Costa Rican company MECO SA will be running the project.
Omar Jimenez, representative of MECO, told Elnuevodiario.com.ni that they have “…” a strategy for working in the area considering it rains nine or ten months a year, but we have experience in such work and expect to carry it out within the stipulated time. ‘”
The representative of the construction company said that “… the summers of 2016 and 2017 are key to finalizing the work.”
The construction of the 26.5 kilometre road from Bluefields to Santa Francisco de Nuveo Guinea, will start in August.
The road will be built with reinforced concrete in a project to last to years. Hampering the work is that the area receives rain nine or ten months a year.
According to the World Bank representative, Luis Constantino, the project will contribute to the economic development of the area.
“We think this road will create many opportunities for the Caribbean population and give them the same opportunities as the rest of the people of Nicaragua have. This is the most important project we are funding in Nicaragua right now, ” said Constantino.
For his part, the Minister of Finance (Ministerio de Hacienda y Crédito Público), Ivan Acosta, said the road project will not only benefit the social aspects of the Caribbean, but also increase competition and investment generation for the country.
The project will affect directly some 52.908 residents of the area.