Honduras Compact - Transportation and Farm to Market Roads
Summary:
MCC’s $204 million Honduras Compact (2005–2010) funded the $120.5 million Transportation Project to upgrade 109.1 km of primary roads (Highway CA-5) and 65.5 km of secondary roads, as well as the $20.1 million Farm-to-Market Roads Activity to upgrade 495 km of rural roads. The government leveraged compact funds to secure a $130 million loan with the Central American Bank for Economic Integration (CABEI) to fully fund Highway CA-5 upgrades. The activities aimed to reduce travel costs and times to improve access to markets, wage employment, and social services such as hospitals and schools.