EIB Lends Government of Nicaragua USD 136 Million for Construction of Bus Rapid Transit Line in Managua

« Go back to the Newsletter May 2017


The European Investment Bank (EIB) is providing USD 136 million to finance the construction of a new Bus Rapid Transit (BRT) line in Managua to run alongside Avenida de Juan Pablo II, one of the capital’s main arteries. The new corridor – nearly 10 km long – will be used by high-capacity buses, improving transport services between east and west Managua, providing connections between the suburbs and the centre and helping to lighten traffic in one of the most congested parts of the city.

Read More