| Project Detail |
The development objectives of Rural and Urban Access Improvement Project for Nicaragua to: (a) improve safe and sustainable access to markets and services in targeted rural and urban areas of the Recipient; and (b) in the event of an Eligible Emergency, provide immediate and effective response to said Eligible Emergency. This project has four components. 1) The first component, Road Infrastructure Improvement, will finance physical works for road rehabilitation and maintenance to improve road connections of the population to social services and markets and ensure sustainability of road assets. It has the following subcomponents: (i) Improving Urban Access to Managua; (ii) Rehabilitating and Improving Rural Roads; (iii) Maintaining Road Assets; and (iv) Building Resilience to Climate Change in the Road Sector. 2) The second component, Road Safety, will support activities to strengthen the institutional capacity for managing road safety and physical works to improve road safety measures of the road network. It has the following subcomponents: (i) Reducing Selected Road Accident Hazardous Spots; and (ii) Strengthening Road Safety Management Capacity; 3) The third component, Institutional Strengthening and Implementation Support, seeks to continue building the MTI’s and FOMAV’s capacity. 3) The fourth component, Immediate Response Mechanism, allows the Government to access resources for eligible expenditures in event of an Eligible Crisis or Emergency, to provide immediate and effective response to said Eligible Crisis or Emergency. |
