A Chinese loan will help fund Costa Rica’s work

Plans are in hand to upgrade the highway linking Costa Rica’s capital San Jose with Limon, with a project that will be carried out in several phases. The work involves widening and improving Route 32 so that it can carry higher traffic volumes and reduce congestion as well as cutting journey times for drivers. Rebuilding the link is expected to cost in the order of US$435 million and the project is also expected to improve safety standards for users of the highway. The work is being partly financed through
January 21, 2013 Read time: 1 min
Plans are in hand to upgrade the highway linking Costa Rica’s capital San Jose with Limon, with a project that will be carried out in several phases. The work involves widening and improving Route 32 so that it can carry higher traffic volumes and reduce congestion as well as cutting journey times for drivers. Rebuilding the link is expected to cost in the order of US$435 million and the project is also expected to improve safety standards for users of the highway. The work is being partly financed through a loan worth $400 million being provided by Chinese lenders.

Related Content

  • Indonesia road funding found for two highways
    June 27, 2016
    Financing looks to have been secured for major tolled highway projects in Indonesia. These highways are the 129km Pekan Baru-Dumai route, which forms part of the Trans-Sumatra highway, the 60.5km Cileunyi-Sumedang-Dawuan (Cisumwadu) road and the 39km Manado-Bitung route. A loan from the Asian Infrastructure Investment Bank (AIIB) worth some US$370.2 million is expected to provide around half of the financing required for the Pekan Baru-Dumai route. Meanwhile loans worth a total of $300.2 million from the Ex
    Read More
  • Nicaragua’s new routes opening to traffic
    July 18, 2016
    The opening of a new road link in Nicaragua will reduce journey times between capital Managua and El Guasaule, which lies on the border with Honduras. The road connects La Paz Centro, Malpaisillo and Villa 15 de Julio. Heavy vehicles previously had to take a more circuitous route that was also longer, so the new road will help cut transport costs. Funding for the project was provided by the Inter-American Development Bank (IADB). This new road is one of a series of projects Nicaragua’s Ministry of Transpo
    Read More
  • Targeted road loan for Uzbekistan
    July 8, 2020
    A targeted road loan will pay for a route upgrade in Uzbekistan.
    Read More
  • Alberta funds more upgrades near Edmonton
    April 12, 2021
    The Canadian province will move ahead with work on Highway 15 and 19.
    Read More

Highlighted Content