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

  • Bolivia highway project awarded to Chinese firm
    June 8, 2018
    A Chinese contractor, Sinohydro, is now commencing a major highway project in Bolivia.
    Read More
  • El Salvador bypass project getting underway
    May 5, 2015
    Plans are well in hand in El Salvador for a key bypass project. Approval has been given for a US$122 million loan for the San Miguel bypass. The loan will help finance the San Miguel road bypass, with the El Salvador Government contributing an additional $30 million towards the project. The construction work is expected to last around four years. In addition, official approval has also been given for talks with the Inter-American Development Bank (IADB) over a loan worth $115 million to finance the Pacific-
    Read More
  • BC awards last Kicking Horse contract
    November 20, 2020
    Phase Four includes 4km of new highway in Canada’s mostly westerly province.
    Read More
  • Abertis owed US$1.39bn from Spanish government for AP-7 Catalonia expansion
    March 6, 2013
    The debt owed by the Spanish Government’s Ministry of Works to infrastructure firm, Abertis, for the expansion of the AP-7 road in Catalonia stood at €1.07 billion (US$1.39bn) by the end of 2012 – an increase of 40.7% in just one year. The concession firm, Acesa, which is part of the Abertis group, signed an agreement with the Government in 2006 to add an additional carriageway on certain stretches of the highway, with the toll system also being changed to a payment model on exit instead of central tolls. T
    Read More

Highlighted Content