Venezuela pumps extra US$808mn into transport projects
Venezuela's President Nicolás Maduro approved additional funding of US$808mn for transport projects under construction this year, state news agency AVN reported.
The government cash injection comprises 3.9bn bolivares (US$621mn) and US$187mn.
Projects underway include an initiative to build a 4.3km stretch of metro line 2 and six stations in central Valencia state, a revamp of metro line 1 in capital Caracas and the expansion of metro line 1 facilities in western city Maracaibo.
Two other projects include the expansion of Circunvalación Sur highway in Caracas and Gran Mariscal de Ayacucho, which connects the capital with the country's northeast.
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News in: Infrastructure (Venezuela)
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