Skip to main content

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 transport connection upgrade
    June 12, 2019
    A proposed upgrade to the road connecting Costa Rica’s capital San Jose with nearby Cartago has been put forward. The project would cut journey times to just 30 minutes. The current route is known for its traffic delays, handling around 51,000 vehicles/day. The new route would feature a 3.2km section of flyover and the estimated cost is US$400 million. Should the project get the go ahead, work would commence in early 2021 and should take around two years to complete.
  • Key highway projects planned for Vietnam
    February 22, 2012
    Vietnam's new highway projects Key highway projects are being planned in Vietnam including the Ninh Binh-Thanh Hoa Expressway, which will run for 127km and is expected to cost US$1.6 billion to construct.
  • ACO’s Qmax Neo drainage for Costa Rica
    June 16, 2021
    Stormwater drainage by ACO is keeping dry some access roads for National Route 1, the Carretera Interamericana Norte (North Interamerican Road).
  • Funding found for Paraguay’s planned projects
    December 13, 2013
    The authorities in Paraguay have agreed a funding package with the Latin American Development Bank (CAF) for a series of infrastructure projects in the country. The funding comes in the shape of a US$222 million loan and this is the first time that the CAF has approved funding of this size for the country. This will provide partial funding for the Programme for the Improvement of Integration Corridors and Road Reconstruction. Projects included in this include resurfacing of a 73km section of road in Neembuc