Costa Rica spending on developing routes

The Costa Rican Government is setting out plans for a series of road repair and upgrade projects. Several key routes have been identified as being in major need of improvement works. These include roads linking the capital, San Jose, with Cartago, Limon, San Ramon and San Carlos. Some US$350 million will be used to carry out the road projects. In all the Costa Rican Government has set a budget of $4.6 billion for infrastructure works. Of this $20 million is being directed towards work on the San Carlos road
September 11, 2018 Read time: 2 mins

The Costa Rican Government is setting out plans for a series of road repair and upgrade projects. Several key routes have been identified as being in major need of improvement works. These include roads linking the capital, San Jose, with Cartago, Limon, San Ramon and San Carlos. Some US$350 million will be used to carry out the road projects. In all the Costa Rican Government has set a budget of $4.6 billion for infrastructure works. Of this $20 million is being directed towards work on the San Carlos road while $50 million will be used for the San Jose to Cartago road link, with $50 million each also being used for the San Jose to San Ramon and San Jose to Limon road works. The 2791 Inter-American Development Bank (IADB) is likely to provide a portion of the financing for the works. The Costa Rican Government is also using a $150 million loan to pay for 100 smaller road works across the country.

Finance & Funding

For more information on companies in this article

Related Content

  • Saudi Arabian capital Riyadh benefiting from major transport investment
    September 9, 2013
    Saudi Arabia is undergoing a series of upgrades to its transport network in a bid to improve Traffic flow rates and boost safety - Mike Woof reports. The massive growth in the use of motor transport worldwide since the start of the 20th century has transformed every country on the planet. But perhaps no country has changed more dramatically than Saudi Arabia, the world’s leading oil producer. At the start of the 20th century Saudi Arabia’s population was small and the country had few industries while it is
    Read More
  • Costa Rica concrete repairs
    February 15, 2012
    Work has started on the long awaited San Jose-Caldera Highway in Costa Rica, following numerous delays and setbacks. The new 77.5km highway will be used daily by more than 81,000 vehicles, reducing the travel time between the Central Valley and the Central Pacific Coast by at least 30 minutes.
    Read More
  • Costa Rica: Land expropriations delay northern ring road project
    July 29, 2015
    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.
    Read More
  • Costa Rica highways projects planned
    December 1, 2017
    Costa Rica’s long running San Ramon road project is costing more than originally expected while taking longer to build than planned. The work on the 30km stretch of road was planned initially to cost US$185 million but has so far cost $287.4 million. Meanwhile only around 86% of the project has actually been carried out, despite the work already having been underway for 12 years. Costa Rica’s national road authority, Consejo Nacional de Vialidad (Conavi) is in discussions with contractor Sanchez Carvajal
    Read More

Highlighted Content