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

  • Major road projects for West Africa
    July 6, 2012
    Two major road projects will help connectivity in West African nations. In Cameroon, a loan from China Eximbank will help fund a key expressway project. Meanwhile in Côte d'Ivoire, a new highway will provide a new link to a major port. The US$466 million loan from the Export-Import Bank of China (China Eximbank) will be used to upgrade the expressway linking Cameroon’s two major cities, Douala and Yaounde. Meanwhile Bouygues Travaux Publics is to build a 6.4km stretch of highway in Côte d'Ivoire, in a contr
    Read More
  • Colombia’s road programme attracting foreign funding
    May 18, 2018
    Foreign financing looks likely for much of Colombia’s 4G road programme. Colombia's national infrastructure agency, ANI, has said that there are 13 funding sources from outside of the country that are keen to provide financing for the 4G road development plan. Those showing an interest include pension funds and capital funds. Chinese and Middle Eastern financing for Colombian road development is also a possibility. The list of financing sources already involved in Colombia’s 4G programme includes JP Morgan
    Read More
  • New tolled highway plans for Indonesia
    November 1, 2012
    The authorities in Indonesia have set out extensive plans to source funding for new tolled highways. In all seven highway projects have been identified as crucial to expanding the network and improving connectivity for the Indonesian islands of Sulawesi, Java and Sumatra. Some US$25 billion in loans from overseas has been sourced by the Public Works Ministry of Indonesia.
    Read More
  • Nicaragua’s new routes opening to traffic
    July 18, 2016
    The opening of a new road link in Nicaragua will reduce journey times between capital Managua and El Guasaule, which lies on the border with Honduras. The road connects La Paz Centro, Malpaisillo and Villa 15 de Julio. Heavy vehicles previously had to take a more circuitous route that was also longer, so the new road will help cut transport costs. Funding for the project was provided by the Inter-American Development Bank (IADB). This new road is one of a series of projects Nicaragua’s Ministry of Transpo
    Read More

Highlighted Content