Delays for Costa Rica projects

In Costa Rica delays have hit the channelling of a loan provided by the Inter-American Development Bank (IADB) for infrastructure projects. The US$300 million loan granted from the IADB has yet to be invested into infrastructure projects. Some of the key works planned originally include new roads and bridges
May 28, 2012 Read time: 1 min
In Costa Rica delays have hit the channelling of a loan provided by the 2791 Inter-American Development Bank (IADB) for infrastructure projects. The US$300 million loan granted from the IADB has yet to be invested into infrastructure projects. Some of the key works planned originally include new roads and bridges. However the Ministry for Public Works says that the projects are not likely to begin until December 2010.

For more information on companies in this article

Related Content

  • Costa Rica bridge connection underway
    November 26, 2020
    Construction is underway for a key Costa Rica bridge connection.
    Read More
  • Plans in hand to expand Nicaragua’s highways
    October 2, 2013
    Plans are now in hand to develop the highways of Nicaragua, a Central American country that has suffered from poor infrastructure investment in the past. The funding will come from the Inter-American Development Bank (IADB). Some US$91.5 million has been approved by the IADB to finance highway projects in Nicaragua between 2014 and 2018. While this sum may not seem as substantial as the investment being seen in other countries around the world, it will make an enormous difference to this small Central Ameri
    Read More
  • Costa Rica road repairs
    October 6, 2022
    Costa Rican road repairs are planned.
    Read More
  • Costa Rica to replace Conavi with a National Infrastructure Institute
    March 14, 2016
    Amid concerns over the efficiency of Costa Rica’s highways agency Conavi, the authority has been given more time to provide details on expansion of Route 32, according to the La Republica newspaper. Conavi has been at loggerheads with the Treasury Inspector's Office which wants Conavi to move faster and authorise a contract for the expansion of road between Rio Frio and Limon granted to China Harbour Engineering Company. China Harbour has been requesting further details about the US$395 million projec
    Read More

Highlighted Content