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

  • Indonesian road firm PT Hutama Karya bullish
    February 14, 2020
    The state-owned Indonesian road firm, PT Hutama Karya, is bullish with strong results.
    Read More
  • Vietnam beltway deal agreed
    June 26, 2023
    Work for a key Vietnam beltway deal has been agreed
    Read More
  • Russian, road, bridge and tunnel projects
    October 4, 2017
    New highway and bridge projects are being planned that will boost connectivity in the Russian Federation. One project lies close to the city of Ufa while another is in the Perm Region. The project to build the new Eastern Exit highway link close to Ufa, capital of the Republic of Bashkortostan, is now expected to cost US$590.1 million, compared with the $503.3 million that was originally anticipated.
    Read More
  • Romanian road deal
    February 29, 2012
    In Romania the road authorities have signed a deal for the construction of a 22km stretch of highway in a contract worth €91 million.
    Read More

Highlighted Content