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Govt approves US$74mn for Guarico highway works (Venezuela)
2010-10-06
Venezuela's President Hugo Chavez has approved funding for six highway projects in central northern Guarico state, worth more than 317mn bolivares (US$73.6mn, officially) in total.

 

Some 220mn bolivares will be spent on repairs to the 50km highway connecting state capital San Juan de Los Morros to Los Dos Caminos, government news portal Gobierno en Linea reported.

 

An additional 39mn bolivares will pay for repairs to the Calabozo-La Encrucijada highway and 27.7mn bolivares has been allocated to repair and improve the 50km Zaraza-Tucupido stretch of national highway TO13.

 

Finally, 27.5mn bolivares will be spent to improve conditions on the Tucupido-San Jeronimo-El Socorro highway in towns Jose Felix Ribas and El Socorro.

 

Financing is being provided through a long-term loan from the Chinese government, Chavez said.


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