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

  • Loan for major US tunnel project
    October 4, 2021
    A loan facility will help finance a major US tunnel project.
    Read More
  • Chinese firms embrace CONNEXPO-CON/AGG 2017
    March 21, 2017
    Chinese construction manufacturers were out in full force at the recent CONEXPO/CON-AGG 2017 in Las Vegas. Nearly 130 original equipment manufacturers and their supply Chinese supply chain component makers were represented – the most at any previous CONEXPO/CONAGG event. OEMs included XCMG, Sany, Zoomlion, Shantui, Sunward, LiuGong and SDLG. Nick Yaksich, senior vice-president of AEM – the US’s Association of Equipment Manufacturers and which organised the event - said the large Chinese contingent
    Read More
  • Dhaka Elevated Expressway section opened
    September 19, 2023
    The Italian-Thai Development Corporation entered into a US$1.062 billion contract with China Railway Construction Corporation (CRCC) for building the elevated expressway.
    Read More
  • Teixeira Duarte to build Venezuela motorway project
    June 21, 2013
    Portuguese construction company Teixeira Duarte has signed a memorandum of understanding with the Venezuela Government formalising the commitment to build the new US$4.4 billion motorway linking Caracas - La Guaria. Of the overall 19km-long motorway link, 9km will be through road tunnels, while another 4km will be built in viaducts with three lanes in each direction. The works should be completed in 54 months. Teixeira Duarte also submitted a technical and economic proposal for the development of another fo
    Read More

Highlighted Content