Costa Rica project changing hands

The authorities in Costa Rica are transferring the concession for the San Hose-San Ramon highway. The Brazilian firm OAS is taking over the contract from Autopistas del Valle. The National Concessions Agency (CNC) has said that the contract will be similar to the original deal, although some additional works may be added. Extra projects are likely to include a four lane highway between Belen-Santa Ana as well as a new bridge over the Virilla River. In the 2006-2012 period, the cost of the project soared fro
April 20, 2012 Read time: 1 min
The authorities in Costa Rica are transferring the concession for the San Hose-San Ramon highway. The Brazilian firm 1511 OAS is taking over the contract from 5092 Autopistas del Valle. The National Concessions Agency (866 CNC) has said that the contract will be similar to the original deal, although some additional works may be added. Extra projects are likely to include a four lane highway between Belen-Santa Ana as well as a new bridge over the Virilla River. In the 2006-2012 period, the cost of the project soared from US$240 million to the present $511 million. Work has been delayed due to a slow expropriation process as well as a lack of finance.
Road Structures

For more information on companies in this article

Related Content

  • Italian highway investments
    May 3, 2012
    The Italian island of Sicily is to benefit from major investment in its road network, in a move designed to help boost its economy.
    Read More
  • New bridge project for Sri Lanka
    September 30, 2013
    A bridge costing some US$321 million will be built in Sri Lanka to span the Kelani River. This new link will reduce congestion at Baseline Road and in the area of Peliyagoda. The bridge is expected to take three years to construct and will measure 415m long. The project is being funded by the Japan International Cooperation Agency (JICA), which is also funding the design detail and feasibility studies. Meanwhile the Asian Development Bank (ADB) has approved credit $75 million for the construction of roads l
    Read More
  • New dual carriageway for South East Nigeria
    March 11, 2015
    Work is nearing completion on Nigeria’s important East-West road project. The new dual carriageway link should be ready to carry traffic in a matter of months. In all the project was originally expected to cost in the order of US$1.93 billion to construct and work commenced back in 2006. However an additional stretch may now be added that will extend the route. This project is of significance as it improves transport links to the South East of Nigeria, an area of the country that has long been overlooked fo
    Read More
  • Four lane highways for India
    February 24, 2012
    A new four lane highway is being built under a design, build, finance and operate (DBFO) basis in India's Jammu & Kashmir state.
    Read More

Highlighted Content