Skip to main content

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.

Related Content

  • Azerbaijan loan for Belgrade-South Adriatic motorway
    May 2, 2012
    The President of Azerbaijan, Ilham Alijev, has reportedly approved an agreement that will see Serbia receive US$407.75million for the construction of a section of the Belgrade to South Adriatic motorway. The loan for the motorway section between Ljig and Preljina will be repayable over a 15 year period, with a grace period of three years and a fixed interest rate of 4%. The construction project, which will include five tunnels and over 60 bridges, will be carried out by the Azerbaijan-based company Azvirt
  • A new highway contract for Costa Rica
    March 5, 2020
    An addition to a new highway contract is planned for Costa Rica.
  • Key projects free up Auckland's congested motorway network
    June 14, 2012
    A number of key projects in Auckland, New Zealand will free-up the city’s congested motorway network - Mary Searle reports.Auckland is a sprawling city, home to 1.4 million people, one third of New Zealand’s total population. Until recently, greater Auckland comprised Auckland city, North Shore city over the harbour bridge to the north, Waitakere city to the west and Manukau city to the south. An amalgamation of these various cities’ councils, plus the regional council and three district councils into one,
  • Pakistan secures loans for the M4 Khanewal and Shorkot section
    June 16, 2016
    The China-based Asian Infrastructure Investment Bank and the Philippines-based Asian Development Bank will co-finance a 64km highway project between Khanewal and Shorkot towns in Punjab province of Pakistan. A report in Japan Today said that ADB had approved a €88.85 million loan for the project. AIIB will likely get board approval for its nearly €89 million this month. A grant for the project worth nearly €34 million is being extended by the UK’s Department of International Development. The Pakistan