Central America is facing one of the most intense rainy seasons in the last 60 years, with flooding and landslides that have killed more than 300 people and caused serious damage in recent months.

Matthew is forecast to make landfall near the Nicaragua-Honduras border late Friday or early Saturday, and authorities are bracing for more flooding as soil across much of the region is already saturated with water from the season's earlier storms.

At 0600 GMT, the center of Matthew was about 275 miles (445 kilometers) east of Puerto Cabezas, Nicaragua, packing maximum sustained winds of 45 miles (75 kilometers) per hour, with higher gusts, the Miami-based National Hurricane Center said.

"Additional strengthening is forecast during the next 48 hours, and Matthew could become a hurricane by Saturday," the NHC said, adding that the storm was moving towards the west at 17 miles (28 kilometers) per hour.

Matthew is expected to dump between six and 10 inches of rain over parts of Nicaragua and Honduras, with up to 15 inches possible in isolated areas.

"These rainfall totals may produce life-threatening flash floods and mud slides," the NHC said.

Nicaraguan President Daniel Ortega ordered coastal evacuations ahead of Matthew's storm surge that was expected to reach its remote Carribean shoreline early Friday.

Panama also put hundreds of miles (kilometers) of its northern shores on storm alert, despite Matthew travelling away from its territory, while the government of Belize placed it's entire coastline -- set for a direct landfall -- on a hurricane watch.

A storm surge "is expected to produce some coastal flooding near and to the north" of the area where Matthew makes landfall. "Near the coast, the surge will be accompanied by large and dangerous waves," said the NHC.

On its forecast track, the center of Matthew will graze the northern coast of Honduras, then cross water again in a northwesterly direction and strike Belize on Tuesday, and Mexico's Yucatan peninsula the following days.

Since the arrival of Tropical Storm Agatha in late May, heavy rain has caused destruction in Guatemala, Nicaragua, Honduras and El Salvador.

Costa Rica, Honduras and Nicaragua all declared states of alert. Only Panama will be spared in the region.

Guatemalan President Alvaro Colom declared a "state of national emergency" on Saturday due to the heavy rain and flooding. At least 36 people have been killed in Guatemala, 40 people are missing, and some 11,500 evacuated by the flooding, which has caused some 1.5 billion dollars in damage.

In Mexico this month at least 14 people died from Hurricane Karl-related flooding or landslides in Veracruz, where authorities said half a million people have been affected. Veracruz governor Fidel Herrera said Thursday that the storm system left some 3.9 billion dollars in damages in its wake.

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