A proposal for urban development in the capital of Nicaragua would require an investment of at least US$500 million in drains, street readjustments and redesign of the public transportation system, among other works.
Elnuevodiario.com.ni reports that “…The new Managua and its planning would be regulated by the use of land, as well as the type of activity that is carried out in the zone, which is why the city will have multiple centers and subcenters connected by transport routes, with efficient corridors that will allow rapid transport, with one of the symbolic axes being the corridor from the northwest of the lake to the roundabout of Ticuantepe. In turn they will have ring road, made up of main roads.”
The master plan for urban development in Managua was presented by the Mayor of Managua and the Japanese International Cooperation Agency (JICA), which detailed that the investment of US$500 million represents only a part of the total investment that will be required to transform the capital.
The city “…Will have a traditional and patrimonial center, located in the historical downtown area; a western subcenter, in the area of the Civic Center and 7 Sur; an eastern subcenter, at the eastern end of the capital containing warehouseses, the Zona Franca Industria and the airport; this is followed by the suburban urban subway, which is the commercial area of the Metrocentro; and a fifth area will be an advanced technological sub-center, represented by universities in the extreme south-central part of the city, in the UNAN-Managua area.”