Costa Rica highway widening project moving ahead

In Costa Rica plans are now moving forward with a project to widen the highway connecting capital San Jose with San Ramon. The project looks likely to cost in the order of US$440 million. The Costa Rican Government has given its approval for a trust fund financing system for the project. Plans to carry out the widening work were delayed earlier when Costa Rica’s Government cancelled a contract with construction company OAS, leading to compensation claims.
February 6, 2015 Read time: 1 min
In Costa Rica plans are now moving forward with a project to widen the highway connecting capital San Jose with San Ramon. The project looks likely to cost in the order of US$440 million. The Costa Rican Government has given its approval for a trust fund financing system for the project. Plans to carry out the widening work were delayed earlier when Costa Rica’s Government cancelled a contract with construction company 1511 OAS, leading to compensation claims.
Road Structures Finance & Funding

For more information on companies in this article

OAS

Related Content

  • Poland's complex road dispute
    March 1, 2012
    The complex legal case between the Polish General Directorate for National Roads and Motorways (GDDKiA) and Austrian contractor Alpine Bau is continuing in the Polish courts.
    Read More
  • US$2.8 billion Missouri highway widening project
    June 26, 2024
    A US$2.8 billion highway widening project is commencing in Missouri
    Read More
  • Fehmarn Belt Fixed Link could open by 2025 at earliest
    November 27, 2015
    The ambitious Fehmarn Belt Fixed Link, connecting Denmark and Germany, will open in 2025 at the earliest, according to the Danish finance ministry. Femern A/S, the Danish government-owned company managing the project, confirmed the note from the government. It also said the ministry still has financial concerns over the deal to build an immersed tunnel connecting the towns of Rødby in Denmark’s southern Zealand with Puttgarden in northern Germany. Of particular is the time for a construction company t
    Read More
  • Delays have hit the Czech Blanka Tunnel
    December 12, 2013
    Further delays are adding to the sorry tale of woe surrounding the construction of the Blanka Tunnel project in the Czech Republic. The tunnel was supposed to improve connectivity and reduce traffic congestion in Czech capital Prague. However following a series of disagreements over the work being carried out as well as the spiralling cost, financing, legal problems and various technical issues, the construction of the tunnel has finally ground to a halt. Czech construction firm Metrostav has said that it w
    Read More

Highlighted Content