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

  • New Ethiopian bridge project going ahead
    May 3, 2019
    A major new bridge project is now going ahead in Ethiopia, with funding being provided by the Ethiopian Government.
    Read More
  • Key Indian links
    February 27, 2012
    In India a total of eight road projects worth US$1.43 billion have been given approval by the National Highways Authority of India (NHAI).
    Read More
  • Global growth in machine rental
    May 20, 2015
    The machine rental sector is undergoing significant expansion worldwide – Dan Gilkes reports. Plant hire, equipment rental, leasing, call it what you will, being able to use a machine when and where you need it, with no further concerns relating to ownership costs, depreciation or sudden repair bills, remains a compelling argument for many contractors. Which is one of the main reasons for the continued growth in popularity of equipment rental across the world. Rental has been big business in the UK, the US
    Read More
  • Tender call for major Philippines road construction and rehab contract
    May 24, 2012
    A pre-bid conference was held yesterday for the Secondary National Roads Development Project (SNRDP) in Samar, the Philippines. Monday’s event was a tender call for the first of four contracts of the road construction and rehabilitation project. Actual bids for the first contract, which involves a 550-day project to rehabilitate the Barangay Tinani-Buray Junction road that is scheduled to start on 5 September, 2012, must be submitted by 16 July, 2012.
    Read More

Highlighted Content