Guatemala bridge construction project

Guatemala is planning to build a new bridge that will cost an estimated US$150 million. The plans call for the new Belice Bridge to be constructed alongside the existing structure. A portion of the funding would be provided in the form of a loan from the 863 Central American Bank for Economic Integration (CABEI). A design study could be carried out towards the end of 2018. Repairs are required to the existing BeliCe Bridge however and little interest has been received so far in the tender process for this work. The repairs are being carried out in two phases, with each expected to cost in the region of $5.5 million.