Dam El Tornillito will be funded by the CABEI

Tegucigalpa, Honduras.

The President of the Central American Bank for Economic Integration (CABEI), Dante Mossi, He announced that this will finance the project of the hydroelectric power station the Screw, en Villanueva, Cortés.

I want to announce that we are very close to developing financing for a very significant private investment, resumes El Tornillito which dammed the river Ulúa and will help mitigate the floods in the Sula Valley“Said the chairman of the regional banking body.

The investment in the project amounts to $ 600 million. The Ulúa, one of the most mighty rivers in the country and which runs through the northern region of the Sula Valley, will be the tributary of the dam.

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The tropical storms of November, Eta y Iota, They whipped a Honduras, Especially in the north, where the municipalities of Courteous, some Santa Barbara and Yoro suffered floods the destruction of which is still notorious today.

The waters of the Ulúa and the Chamelecón destroyed hundreds of kilometers of cropland, as well as communities and structures in the area. The scourge persists and, despite government efforts in rebuilding retaining walls above rivers, experts and the Government itself have put their finger on the line on the issue of backwater construction.

These constructions, in addition to being used as electricity generators, would contribute to flood mitigation, sustaining the waters of the rivers in question in their trajectory from western Honduras, in the mountainous area.

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The El Tornillito project is being carried out in the El Perico sector, between the municipalities of Vilanova and Sant Antoni de Cortés.

They do not forget the ENEE

Mossi noted that the electricity sector “he should not feel abandoned“For the CABEI, because they continue to” strongly support policies that are correct. “This in relation to the issue of state rescue National Electricity Company (ENEE).

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“We support the rescue plan for ENEE, Through the division of the company. The reform program is ambitious; it is the last phase for the rescue of the electricity company, “he added.

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