Costa Rican government targets Chinese loan to build major motorway

A 107km road section between San Jose and Limon in Costa Rica could be transformed into a large four-lane motorway using a loan from China of US$395.7 million. The Costa Rican government could add $89 million to the loan, creating a large project budget of $485 million. President Laura Chinchilla has referred the project to the Costa Rican Congress for approval. Chinese firm CHEC will work on the design of this motorway over the next eight months. The project could be finished in three and a half years.
October 16, 2013 Read time: 1 min
A 107km road section between San Jose and Limon in Costa Rica could be transformed into a large four-lane motorway using a loan from China of US$395.7 million. The Costa Rican government could add $89 million to the loan, creating a large project budget of $485 million.

President Laura Chinchilla has referred the project to the Costa Rican Congress for approval. Chinese firm CHEC will work on the design of this motorway over the next eight months. The project could be finished in three and a half years.
Road Structures

Related Content

  • Chinese key link upgrade
    February 29, 2012
    Upgrading work on China's Hohhot-Baotou highway is now underway in a project worth US$1.5 billion.
    Read More
  • 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
  • World Bank part funding new Ethiopian road connections
    October 21, 2014
    In Ethiopia the construction of two new road links will be carried out by Chinese and Spanish contractors. The Ethiopia Roads Authority (ERA) awarded a contract worth close to US$48 million to Hunan Huanda Road and Bridge Corporation of China to build a 48.3km road in the south of the country. The work will take 29 months to complete. Two Spanish firms meanwhile will work together to carry out a $60.6 million contract in Ethiopia’s Oromia State. This project is for a 63km road connecting Ambo with Walliso.
    Read More
  • East Africa drives towards road tolling
    March 18, 2016
    Road tolling is increasing in East Africa as the region’s countries expand highway networks - Shem Oirere writes. The drive towards road tolling in East Africa is gaining momentum. Uganda appears to have broken ranks with its neighbours to make huge strides in achieving progress with this innovative road financing plan. Road tolling has hitherto has been held back in East Africa for lack of political goodwill and State bureaucracies. Kenyan government officials have made announcements on planned road tollin
    Read More

Highlighted Content