Costa Rica's growing road problem

Costa Rica's road network requires further investments to prevent it from worsening. According to data from the Ministry of Public Works and Transport (MOPT) some US$200 million/month is required to tackle the issue.
February 10, 2012 Read time: 1 min
Costa Rica's road network requires further investments to prevent it from worsening. According to data from the 2536 Ministry of Public Works and Transport (MOPT) some US$200 million/month is required to tackle the issue. This sum is equivalent to 79% of the National Roads Council's (2538 Conavi) annual budget for 2011, which stands at nearly $256 million. The MOPT has acknowledged that such investments would improve the country's competitive edge. At present, the Conavi only spends some $110 million in repairing roads/year. MOPT says that at present a mere 1.5% of the country's gross domestic product (GPD) is spent on transport, although the MOPT hopes this figure will increase to 2.5% until 2035.

For more information on companies in this article

Related Content

  • New Costa Rica route in focus
    March 1, 2019
    A new road project in Costa Rica is being evaluated at present. The plans call for an upgrade of Route 32, providing an improved 46km link between Virilla River and Sucio River areas. The project would require the driving a new tunnel in parallel with the existing Zurqui Tunnel, located on the southern side of the Braulio Carillo National Park. The project is expected to cost US$643 million and the route is likely to be offered to tender under a 30 year tolled concession package. A full feasibility study ha
    Read More
  • Costa Rica road upgrade will cost
    September 20, 2021
    A key Costa Rica road upgrade will be costly.
    Read More
  • Research highlights Italian construction equipment sector difficulties
    November 16, 2012
    Global turnover recorded by Italian construction equipment companies in 2011 totalled €2.69 billion. Despite their global turnover increasing by 6.4% in 2011 compared to levels achieved in 2010, Italian construction equipment company turnover is still down 42% compared to 2008. Details of Cribis D&B’s findings following research commissioned by the Unacea trade association were revealed during the recent Construction Equipment Day at Ecomondo Fair in Rimini, Italy. Further Cribis D&B figures for 2011 show
    Read More
  • India rushing to improve its highway system
    February 9, 2012
    Despite the world economic slowdown, India still seems in a rush to improve its highway system as Patrick Smith reports. Later this year India will be seen by hundreds of millions worldwide when the country's capital New Delhi hosts its biggest event ever.
    Read More

Highlighted Content