Costa Rica Invites China to Invest in Infrastructure
One of the projects would require $221 million to widen the route connecting the capital with the Caribbean port town of Limón.
Tuesday, August 3, 2010
The proposals were presented to the Chinese Foreign Affairs Minister, Yang Jiechi, by his Costa Rican counterpart, René Castro, with whom he has signed a Technical and Economic Cooperation Agreement.
From 17 to 18 October 2012 there will be a meeting in Bogota for major infrastructure project developers, investors, employees and service providers.
Experts on railways, ports, transport and highways are undertaking inspections of projects as part of the cooperation agreement signed between both countries.
Several infrastructure projects cannot be started until the Legislative Assembly approves a $850 million loan from the IDB and a $52 million one from CAF.
There are too many attorneys and too few engineers on the staff of the Costa Rican Ministry of Public Works.
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