dinero_admin Some 550,000 residents of northern San Salvador would benefit from the “Additional Financing for the Resilient Transportation and Infrastructure Project in El Salvador” program, backed by a US$120 million loan from the Inter-American Reconstruction and Development Bank (IBRD). The Finance Committee issued a favorable opinion to ratify the contract signed by Finance minister Jerson Posada Molina.
The plan seeks to improve the road network, reduce congestion, and facilitate mobility in the Northern Metropolitan Area, promoting economic development and road safety. Among the works contemplated are the SAL 38 bridge on the Oro highway, the Apopa bypass, and improvements to streets in Ciudad Delgado and Tonacatepeque.
The construction of a 13-kilometer bypass, underpasses, and overpasses, as well as complementary infrastructure such as lighting, signage, speed limits, bus stops, and pedestrian infrastructure, is also planned.
According to Marlon Herrera, a representative of the Ministry of Finance, this project will optimize connectivity between streets and highways, as well as offer safer and more efficient travel alternatives for users.
Legislative ratification is the final step for financing to be implemented and for the construction to begin. The project is expected to have a positive impact on mobility and economic growth in the northern part of the country.
