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

  • Tunnels and bridges, improving Argentina's major road link
    April 24, 2012
    A road improvement plus tunnel and bridge building contract in an area once inhabited by dinosaurs in northern Argentina, is a small but key part of an ambitious project to complete a road that will eventually link the Atlantic and Pacific coasts of Latin America - Adriana Potts reports. Remote, rough and spectacular are words that come to mind when describing the mountains of Ischigualasto in Argentina's northern province of San Juan This is the only place in the world where an undisturbed sequence of rock
    Read More
  • Road tolling is vital for good roads
    January 2, 2024
    Upcoming transportation projects are outlined in planning documents throughout America by Mary Scott Nabers
    Read More
  • Nepal plans road infrastructure expansion
    March 12, 2014
    Major road expansion is planned for Nepal, but will face huge challenges due to the country’s geography - Mike Woof reports, with local information from World Highways' Nepal correspondent, Ram Krishna Wagle The tiny, landlocked nation of Nepal lies sandwiched between two of the world’s largest countries, China and India and maintains good relations with both. Politically Nepal has strong links with China, while culturally its ties are close with India and these relationships work both ways. Despite bein
    Read More
  • Work resumes on Indonesian tollway
    October 22, 2014
    Construction work on Indonesia’s Bekasi-Jakarta toll road has recommenced after a break of close to 20 years. The work on the 21km Bekasi-Jakarta toll road was originally started by Kresna Kusuma Dyandra Marga (KKDM), a consortium headed by state-run Waskita Karya, with a 60% share in the package. However work on the project was stopped in the late 1990s due to the Asian financial crisis. The deal for the link will see KKDM operating the toll road, which is costing US$600 million. State funds worth some $2
    Read More

Highlighted Content