Skip to main content

Costa Rica: Land expropriations delay northern ring road project

Work could begin in November on a 4km section of the Circunvalacion Norte northern ring road around the Costa Rican capital city San Jose. The section will connect the Pan-American Highway with Route 32. But delays in agreeing land expropriation have hindered the start of work.
July 29, 2015 Read time: 1 min
Work could begin in November on a 4km section of the Circunvalacion Norte northern ring road around the Costa Rican capital city San Jose.

The section will connect the Pan-American Highway with Route 32. But delays in agreeing land expropriation have hindered the start of work.

La Republica newspaper reported that 73 land expropriation processes were outstanding.

The project was granted to a consortium made up of Hernan Solis and La Estrella in 2014 and is likely to cost around US$141 million. The 863 Central American Bank for Economic Integration (CABEI) will help finance the project whose construction is expected to last 18 months.

The Pan-American Highway runs south from Prudhoe Bay in the US state of Alaska at the tip of North America, through Central America and down to Ushuaia, the southern tip of Argentina.

For more information on companies in this article

Related Content

  • Seattle’s SR 99 Alaska Way tunnel notches up a tolling success
    February 13, 2020
    The tunnel replaced an ageing viaduct that had suffered earthquake damage.
  • Highway work boost in North Africa
    August 21, 2012
    North Africa is seeing construction business return - Mike Woof reports After a troubled period, stability looks to be returning to North African nations, which can only be good for the road construction sector. First Tunisia, then Egypt and finally Libya saw tumultuous revolts against the previous autocratic (and in one case at least, despotic) rulers. All three nations are now benefiting from a return to stability, with economic growth also improving once more.
  • Deutsche Bank and Akbank among banks to fund Gebze-Izmir motorway
    March 19, 2015
    A final financing agreement for Turkey's 421km Gebze-Izmir motorway project will be signed by nine banks, eight of which will be Turkish, in April. The agreement will be for around US$4.73 billion of the deal likely to cost in total more than $6 billion and which is the country’s largest public-private partnership project. The banks are Deutsche Bank and Turkish banks Akbank, Garanti Bankasi, Finansbank, Is Bankasi, Halkbank, Ziraat Bankasi, Yapi Kredi and Vakfbank. Work has been going on since 2010 for the
  • New road and bridge investment for Guatemala
    November 25, 2013
    The Central American Bank for Economic Integration (CABEI) is providing a US$400 million loan to Guatemala for rural road construction. This follows on from a $200 million loan being provided to Guatemala by the World Bank and a $237 million loan from the IADB. The Guatemalan Government is also working on upgrading CA9 Norte highway to make it reach Mayuelas completing an 89km extension at a cost of $240 million. The authorities also have plans to replace 60-70 bridges with new structures.