A new highway contract for Costa Rica

An addition to a new highway contract is planned for Costa Rica.
By MJ Woof March 5, 2020 Read time: 1 min
New road links are planned that will boost transport for Costa Rica - image courtesy of © Jared Rainbow, Dreamstime.com

The contractor carrying out a new highway project in Costa Rica is to benefit from an additional set of works. The Solis-La Estrella consortium is building the La Uruca and Route 32 stretch of the new Northern Ring Road (Circunvalacion Norte) project at present. However, Costa Rica’s Ministry of Public Works and Transports (MOPT) is wanting the Solis-La Estrella consortium to carry out additional works to build the link with Route 32 as well as an overpass being built at present.
 
The Solis-La Estrella consortium’s contract for the La Uruca and Route 32 stretch of the new Northern Ring Road (Circunvalacion Norte) project is worth US$163 million. But taking over the additional package of work would add $70.5 million to the firm’s contract.

Funding for the work is being provided in the shape of a loan from the Central American Bank for Economic Integration (CABEI). Because the Solis-La Estrella consortium already has a contract for road construction work on the new Northern Ring Road (Circunvalacion Norte) project, MOPT believes that it would not be required to reopen this additional portion of work to a new tender process.

Finance & Funding

Related Content

  • Nicaragua road upgrades - funding secured
    March 1, 2018
    Financing worth US$238 million has been secured for planned road upgrades and improvements in Nicaragua. The funding comes in the shape of a loan from the Central American Bank for Economic Integration (CABEI). The upgrade works will be carried out to just over 194km of roads across the country. These works form part of the Nicaraguan Government’s VII Road Improvement and Renovation Programme. Meanwhile a further funding package worth $1.4 million from CABEI will help pay for various studies for Phase I of
    Read More
  • Honduras – Guatemala highway connection being built
    November 27, 2019
    Construction work is now underway in Honduras for the highway connection linking the country with neighbouring Guatemala.
    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
  • 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

Highlighted Content