Cemex to Build Highway Stretch in Nicaragua

Cemex will participate in the rehabilitation and improvement project of the NIC 3 Nejapa-Puerto Sandino Highway in Nicaragua. The company along with Constructora Meco and Llansa Ingenieros will build the first segment (31.43 km) of the upgraded highway under a contract with the government.

Considered one of the country’s most significant infrastructure projects in recent years, it consists of two stretches totaling 50 km. The rehabilitation of the stretch will connect the producers and consumers in Managua and the western area with commercial markets in Honduras and El Salvador. This will help reduce the transportation costs from Nicaraguan production centers to regional markets. Construction is estimated to take 18 months.

“We are proud of the result of the bidding because it allows us to be part of the development of Nicaragua through an integral, innovative and sustainable project that will contribute to the improvement of the quality of life of the population; trading and production in the area will become more agile, but above all, it will give a better access to basic services such as health and education,” said Andres Jimenez Uribe, director of Cemex in Nicaragua.

The estimated cost of the project is $40 million, which will be covered by the Fund of Infrastructure for Mesoamerica and the Caribbean, and financed by the Central American Bank of Economic Integration (BCIE).

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