Thursday, April 25, 2024

Logo Central America Link

Central America announces economic boost

Thursday, September 25, 2014

A plan by Central American governments to boost economic growth in the region and cut illegal immigration to the United States foresees major spending on infrastructure and energy projects, a draft of the proposal showed.

The "Plan of the Alliance for Prosperity in the Northern Triangle" aims to renovate highways, city bypasses and border crossings in Honduras, El Salvador and Guatemala, as well as carry out improvements to other infrastructure in the region.

Including projects that have already been announced, the planned works are worth well over $1 billion dollars.

Source: Reuters