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

  • China transport investment
    November 27, 2012
    In China, the news that the construction industry has been waiting for came with an announcement over infrastructure spending. The Chinese Government said it will invest heavily in infrastructure spending over the next few years, some US$157 billion, particularly in extending the country’s high speed rail network. Some $4.45 billion will be invested in transport infrastructure in 2012. Of the total, $790 million will go on rural road improvements, of which 88% will be used in the central and western regions
  • Italy: Astaldi takes out loan for Turkish motorway project
    June 18, 2015
    Italian civil engineering group Astaldi has underwritten a €4.5 billion (US$5 billion) loan towards the Turkish motorway project of Gebze-Orhangazi-Izmir, which is worth an overall €5.65 billion ($6.4 billion). According to the La Repubblica newspaper, the loan facility will be used to complete the 301km last stretch of the motorway and link the city of Bursa, south of the Sea of Marmara, and the Aegean port of Izmir. Part of the loan will be used to refinance stretches that are under construction for
  • Nepal's upgraded links
    May 25, 2012
    The Indian Government is providing assistance for road construction work in neighbouring Nepal. This assistance is for building the Kulekhani – Kathmandu road section, which will be widened and upgraded with an asphalt surface. The road will be widened to 7.5m and the work is being carried out by Indian Contractor Golden Goods. Meanwhile asphalt surfacing work is has now been completed on Nepal’s Hetauda-Bhimphedi-Kulekhani-Pharphing-Chaimale road Section. Surfacing work is in hand on the remaining 21km sec
  • Swiss Government plans more flexible motorway speed limits
    January 21, 2014
    The Swiss Government may extend the use of flexible speed limits, which apply only at certain times, on motorways. In future flexible speed limits could affect 450kms of the country’s motorway network, up from 170kms now. The Government believes that this would lead to a better use of road capacities. Studies have shown that when people drive more slowly they leave smaller gaps between their vehicles and the ones in front. This improves efficiency. According to current plans, the maximum speed will be redu