Tegucigalpa.- Complying with the responsibilities acquired by the 33 municipalities that signed Co-financing Agreements with MCA-Honduras for the improvement of rural roads, other three mayors have already submitted proof of the deposit made at the Central Bank of Honduras for the amounts required to cover their counterparts.
Up to now, the municipalities that have already submitted their counterparts comprise those of Yoro and Jocón, Yoro; El Porvenir, Atlántida; and Langue, Valle.
As a component of MCA-Honduras the Rural Development Project, the Farms to Market Road Activity (FMRA) will be co-financing at least 80% of the total amount of the works, the goal being to improve approximately 1,000 kilometers of rural roads nationwide. The sections of the roads to be improved have been selected according to a profitability indicator of a 12% or more.
The Farms to Market Road Activity is aimed at improving the producers’ access to local and regional markets.
It is expected that by March 14, 2008, all 33 municipalities will have complied with submitting their deposits, since that is the condition to proceed with the procurement of works for the first 560 kilometers of rural roads included in this first round.