Skip to main content

Costa Rica road project planned

Costa Rica’s Ministry of Public Works and Transport (MOPT) is looking to secure financing for the second phase of its PRVC cantonal road programme. MOPT is hoping to secure the necessary funding from the Inter-American Development Bank (IADB). A loan of US$140 million will be required. The first phase of the project was funded by a $60 million loan from the IADB. This first phase includes the construction of new roads in Mora, Santa Ana, San Mateo, Turrubarres and Zarcero. MOPT hopes to receive funds for th
March 9, 2016 Read time: 1 min
Costa Rica’s Ministry of Public Works and Transport (MOPT) is looking to secure financing for the second phase of its PRVC cantonal road programme. MOPT is hoping to secure the necessary funding from the Inter-American Development Bank (IADB). A loan of US$140 million will be required. The first phase of the project was funded by a $60 million loan from the IADB. This first phase includes the construction of new roads in Mora, Santa Ana, San Mateo, Turrubarres and Zarcero. MOPT hopes to receive funds for the second phase of this programme before the end of 2016 and the plan is for a series of new projects to commence in early 2017. The second phase of the PRVC road project will take five years to complete.

Related Content

  • Costa Rican highway under scrutiny
    May 3, 2012
    Investigations are in hand in Costa Rica over a series of faults on the highway linking capital San Jose with Caldera. The US$230 million highway has suffered surface cracking in certain stretches, while a number of landslides have also occurred along the route that have required clearing and for repairs to be made. Costa Rica's authorities are investigating Autopistas del Sol following allegations of corruption with regard to the San Jose to Caldera highway project. The investigations are looking at the co
  • Ethiopia’s building roads
    November 29, 2013
    Ethiopia is set to benefit economically from investment in a number of new key road links totalling over US$1 billion. The east African nation’s 218km Modjo-Hassan highway is expected to cost US$720 million to construct. The highway will be constructed in two stages. The first section of the route will stretch 93km from Modjo to Zeway and is expected to cost $350 million to complete. The second section of the highway will be 125km long and link Zeway with Hewassa and this stretch is estimated to cost $370
  • Providence Viaduct project underway
    September 4, 2020
    Work is now underway on the Providence Viaduct project.
  • New Costa Rica route in focus
    March 1, 2019
    A new road project in Costa Rica is being evaluated at present. The plans call for an upgrade of Route 32, providing an improved 46km link between Virilla River and Sucio River areas. The project would require the driving a new tunnel in parallel with the existing Zurqui Tunnel, located on the southern side of the Braulio Carillo National Park. The project is expected to cost US$643 million and the route is likely to be offered to tender under a 30 year tolled concession package. A full feasibility study ha