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

  • Chinese firm wins highways expansion project to decongest Nairobi
    January 5, 2017
    A Chinese contractor is carrying out a major road project intended to cut congestion in Kenyan capital Nairobi – Shem Oirere writes Chinese contractor China Wu Yi has won a US$163 million contract for the reconstruction and expansion of a 25km highway leading out of Kenya’s capital Nairobi with financing from the World Bank. The contract was awarded by the country’s National Highways Authority (KeNHA), a state-owned road agency responsible for the management, development, rehabilitation and maintenance of i
    Read More
  • Vietnam link due
    March 14, 2012
    Construction of Vietnam’s Da Nang - Quang Ngai Expressway is due to commence at the end of 2012.
    Read More
  • Chile-Argentina Agua Negra Tunnel progress
    February 16, 2018
    The names of the contractors offering bids for the new Agua Negra Tunnel project connecting Chile and Argentina will be revealed in March 2018. Several firms have already expressed a keen interest in this major engineering project. Contractors that have expressed interest include CRS, a consortium comprising China Railway Tunnel Group and Benito Roggio e Hijos. In addition, Ingenieria y Construccion Sigdo Koppers and OHL are also interested in the project as are the firms Rovella and Condotte. The project
    Read More
  • Paraguayan plans
    April 7, 2014
    The authorities in Paraguay have agreed a funding package with the Latin American Development Bank (CAF) for a series of infrastructure projects in the country. The funding comes in the shape of a US$222 million loan and this is the first time that the CAF has approved funding of this size for the country. This will provide partial funding for the Programme for the Improvement of Integration Corridors and Road Reconstruction.
    Read More

Highlighted Content