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

  • Costa Rica road construction plan
    June 3, 2019
    Costa Rica’s Ministry of Public Works and Transports (MOPT) is planning 110 road improvement projects, with a total cost of US$144 million. Construction will start on the first 14 of these in July 2019, with the work being carried out by the contractor MECO. Funding for the work is being provided by the Inter-American Development Bank (IADB) in the shape of a loan. The tender processes for a further 10 projects are commencing, with tenders for an additional 18 projects due to commence in July 2019.
    Read More
  • Costa Rica: Conavi gets more time and funds for road maintenance
    October 26, 2015
    Costa Rica’s road agency Conavi has extended the deadline and increase funds by $154 million for road repair and maintenance contracts. Contracts will be extended for the companies involved which include Constructora Meco, Grupo Orosi, Quebradores del Sur, Constructora Hernan Solis and Conansa. The Treasury Inspector's Office made the announcement, according to El Pais newspaper. Meanwhile, four banks are considering an investment in the 60km San Jose-San Ramon Road Expansion Project. They include
    Read More
  • New road link opening in Costa Rica
    November 18, 2015
    A key road link is opening in in Costa Rica. The country's Ministry of Public Works and Transports (MOPT) says that a stretch of the widened Canas-Liberia road will open in December 2015. The project is now running ahead of schedule according to the MOPT and the new road link will help cut journey times and boost tourism in Guanacaste province during the summer season. MOPT guaranteed that the road would be 100% completed in January 2016. Of the 36 bridges included in the project, 35 are complete. Only the
    Read More
  • UK is pothole failure among OECD nations
    August 30, 2023
    The Local Government Association says information shows that nearly US$5.1 billion was spent in 2006 on UK local road maintenance compared with $2.54 billion in 2019.
    Read More

Highlighted Content