The loan to CDN aims to provide long-term financing for the construction of a new distribution center located in Sabana Grande, outside of Managua capital. The estimated total project is estimated at US$25 million.
The construction will include storage warehouses, parking lots, administrative office buildings, service areas, and a new filtration well system, which re-inserts rainwater into the aquifers of the zone. This will be the biggest warehousing facility in the country that has this sustainability characteristic.
At the same time and as part of the indirect benefits of the project, some rural roads in poor condition around the project will be enhance. For example: routes #1 and #154 that rides East-West could be connected completely with a North-South corridor that passes in front of the new facilities. Approximately, 1.6 kilometers in bad conditions (access roads to new CDN facilities) will be enhanced to facilitate better circulation around the area, and will also help decongesting traffic over Nicaragua’s most important route (Pan-American CA#1).