Skip to main content

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.

For more information on companies in this article

Related Content

  • Work for Argentina’s famous highway
    May 20, 2025
    Work is underway for a key stretch of Argentina’s famous Route 40 highway.
  • Increased infrastructure spending
    February 22, 2012
    With economies booming in the BRIC countries and other regions, spending on infrastructure is at a high - Patrick Smith reports As economic crisis grips much of the world, many countries are still spending billions on infrastructure to improve transportation. While the USA and Europe struggle with debt problems (and this has affected much of the rest of the world) the development of highways, airport, ports and other infrastructure is gathering pace in other regions to boost economic developments.
  • Argentina road projects financing established
    December 7, 2016
    Argentina is receiving a loans from the Inter-American Development Bank (IADB) worth US$300 million for road improvements. The loan will be used to widen and improve roads across the country and is for 25 years with a grace period of 4.5 years. The Argentina Government will provide a further $200 million for road development projects. Planned projects include a new 120km dual carriageway as well as work to a 35.4km section of National Route 19 in Cordoba Province. Meanwhile around half of Salta Province
  • Honduran road improvement plan
    February 8, 2012
    Honduras intends to spend US$400 million on upgrading its road network. The World Bank will provide $110 million