economy

February 25, 2026

Loan of US$25 million approved for highway whose total cost is US$33 million

With 90 votes in favor, the National Assembly approved a US$25 million loan with OPEC Fund for International Development to build the Masaya–Sabana Grande highway in Managua. These are the details of the project and its financial conditions.

Loan of US$25 million approved for highway whose total cost is US$33 million

TL;DR

  • The National Assembly approved a $25 million loan from the OPEC Fund for International Development for the Masaya–Sabana Grande highway project.
  • The total project cost is $33 million, with $25 million financed by the loan and $8 million as a national counterpart.
  • The project involves constructing a 4.4-kilometer, four-lane road with concrete pavement, drainage, lighting, and infrastructure for cycling and public transport.
  • The loan has a 20-year term with a five-year grace period and specific interest rates and fees.
  • The highway aims to improve connectivity, traffic flow, and reduce travel times in Managua, benefiting an estimated 152,787 people.

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