Skip to main content

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

  • Leaner WIM enforcement through new solutions
    December 3, 2013
    Guy Woodford reports on a major new Weigh in Motion system, big WIM solution deals and how a leading firm in the sector is warning UK fleet operators to be aware of how leaner enforcement work is helping authorities detect more overloaded vehicles Kapsch TrafficCom announced its keenly awaited new Weigh in Motion (WIM) solution at this year’s ITS European Congress in Dublin, Ireland. The sector-renowned Austrian firm’s latest solution uses a number of sensors and loops to detect whether the vehicle exceeds
  • Road repair boost for Russian Federation state
    May 16, 2012
    The authorities in the Republic of Tatarstan plan to boost road spending in capital Kazan. Tatarstan is a small state belonging to the Russian Federation but its capital is the eighth largest city in Russia and is of economic importance given it is the home of various key industries. The new road repair budget will see some US$263 million spent during 2012, a considerable increase over previous annual investments. For each of the five years prior to 2012, road repair spending has been around 75% of this yea
  • China on road spending spree
    December 11, 2012
    Figures recently released indicate that construction spending in China will increase 8.8% each year in real terms through to 2016. Ongoing urbanisation and industrialisation; rebounding foreign investment funding; rising personal income levels and further population and household growth will all work to drive gains. However, further growth will be prevented by a slow-down in the Chinese economy through the forecast period, especially in fixed asset investment. These and other trends are presented in Constru
  • Ile-de-France regions sets out highway spending until 2020
    February 6, 2015
    The Isle de France region, essentially the Paris area and extensive surrounding countryside, will spend around €365 million on road infrastructure as part of a five-year transportation plan from this year up to 2020. The overall plan calls for an investment of of €7.3 billion, of which €2.9 billion will come from the central government and €4.4 billion from the Isle de France region. Around EUR €4.5 billion will be used to finance public transport, according to a report by Le Moniteur des Travaux Publics