Costa Rica agrees new road deals

Loans worth US$200 million from the Inter-American Development Bank (IADB) will be used in Costa Rica for road projects.
February 15, 2012 Read time: 1 min
Loans worth US$200 million from the 2791 Inter-American Development Bank (IADB) will be used in Costa Rica for road projects. This has been approved by Costa Rica's Government. A full list of the road projects requiring investment has yet to be published. Meanwhile, the go-ahead has been given for a new road to San Carlos. This project will include work on the Sifon-Ciudad Quesada section. This contract has been granted by the national road council, 2538 Conavi, and construction company 2659 Constructora Sanchez Carvajal, and is worth $77.55 million. The company is expected to complete the works within 24 months.

For more information on companies in this article

Related Content

  • Guinea road financing secured
    August 23, 2021
    Financing is secured for road works in Guinea.
    Read More
  • Demand diversity in the construction equipment sector
    June 1, 2015
    Demand within the global construction equipment manufacturing industry is anything but homogenous, with certain countries and sales regions significantly outperforming others, with a whole host of factors fuelling and suppressing each key market - Guy Woodford reports
    Read More
  • Additional Romania contract for PORR
    September 16, 2021
    Austrian contractor PORR has won an additional Romanian contract, while other projects are also underway in the country.
    Read More
  • Albania funding
    June 25, 2012
    In Albania the government is giving its approval for an €80million (US$104.4million) loan being provided by the European Investment Bank (EIB). The project is for the Fier bypass, which forms part of the Tirana–Vlora highway. The project has faced a series of delays since work commenced a number of years ago. However, this new funding will help ensure that the work is completed.
    Read More

Highlighted Content