The Hummingbird will be rehabilitated. A loan has been approved for rehabilitation works. The contract was signed yesterday and the Minister of Works explained:
The Government of Belize (GOB) has received a Technical Assistance (TA) Grant from the Kuwait Fund for Arab Economic Development (KFAED) to assist in financing the services of consultants to prepare a technical and economical feasibility study and detailed designs for rehabilitating the Hummingbird Highway, between Belmopan Roundabout Junction and Dangriga in the Stann Creek District.
The feasibility study and detailed design were completed by the end of 2014 and an application for funding was made by the GOB.
Members of the Funding Agency visited Belize and performed their due diligence and assessment of the design and scope of works. The project for the Rehabilitation of the Hummingbird Highway was favorably appraised in December 2014. In February 2015 the Board of Directors of KFAED approved the loan for the rehabilitation works.
The Consultancy Services agreement is being signed for the amount of 7.6 million dollars.