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

  • Nicaragua capital highway route financing secured
    June 26, 2017
    The financing package for a key highway project in Nicaragua’s capital Managua has now been secured.
    Read More
  • Saudi Arabian capital Riyadh benefiting from major transport investment
    September 9, 2013
    Saudi Arabia is undergoing a series of upgrades to its transport network in a bid to improve Traffic flow rates and boost safety - Mike Woof reports. The massive growth in the use of motor transport worldwide since the start of the 20th century has transformed every country on the planet. But perhaps no country has changed more dramatically than Saudi Arabia, the world’s leading oil producer. At the start of the 20th century Saudi Arabia’s population was small and the country had few industries while it is
    Read More
  • Improving a key route through Florida
    November 9, 2015
    Upgrading a key route through Florida – novel construction techniques are helping widen a road in difficult geological conditions – Lucio Garofalo reports. A major road widening project underway in Florida is due for completion soon. The work will improve an important section of road, reducing congestion at peak period and cutting travel times for drivers. The US 331/SR83 highway runs for some 79km and provides an important link in Florida’s Panhandle area, as it connects with Route 98.
    Read More
  • Loan of US$120 million from Korea for Rwanda road works
    December 14, 2023
    A loan of US$120 million from South Korea will pay for Rwanda road works.
    Read More

Highlighted Content