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

  • US$700 million for new Argentina bridge
    November 27, 2023
    A US$700 million loan is helping pay for new bridge in Argentina.
    Read More
  • Major road deals for France
    May 3, 2012
    The tender process for the A355 western Strasbourg bypass in France is nearing completion and the winner will be announced shortly. The 24km highway stretch is expected to take 52 months to build and will cost some €750 million while for the moment at least, Vinci Concessions is the preferred bidder. The 55 year contract includes design, financing, construction and operation and maintenance.
    Read More
  • Major road deals for France
    March 20, 2012
    The tender process for the A355 western Strasbourg bypass in France is nearing completion and the winner will be announced shortly. The 24km highway stretch is expected to take 52 months to build and will cost some €750 million while for the moment at least, Vinci Concessions is the preferred bidder. The 55 year contract includes design, financing, construction and operation and maintenance.
    Read More
  • Cleaner vehicle policy for Costa Rica
    December 17, 2012
    A clean vehicle policy is being pursued by the Costa Rican Ministry of Energy and Telecommunications and the Public Transport Council. Under the plan some 4,000 buses and 12,000 taxis in Costa Rica will be run on clean fuels by 2014. Firms running these 16,000 buses and taxis will have to renew their concessions in 2013 and the Costa Rican Ministry of Energy and Telecommunications and the Public Transport Council have developed a policy that will encourage the use of clean fuels as Costa Rica wants to becom
    Read More

Highlighted Content