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.

Francisco Jiménez, Costa Rica's transport minister, told AFP that, "we have invited Chinese companies to invest and the government to collaborate on several projects". This would mark the second stage of cooperation between Costa Rica and Beijing since the countries initiated diplomatic relations.

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Infrastructure & Capital projects in Colombia

July 2012

From 17 to 18 October 2012 there will be a meeting in Bogota for major infrastructure project developers, investors, employees and service providers.

Colombia is aiming to triple investment in infrastructure in order to modernize roads and railways, and through this optimize the implementation of trade agreements with global economies.

China Examines Infrastructure Projects in Costa Rica

December 2011

Experts on railways, ports, transport and highways are undertaking inspections of projects as part of the cooperation agreement signed between both countries.

A press release from the Ministry of Public Works and Transport reads:

About 20 Chinese experts on railways, ports, airports, transport and roads came to Costa Rica on Sunday and conducted inspections throughout the country as part of a cooperation agreement signed between China and Costa Rica in material infrastructure.

Costa Rica: Road Projects Stopped for Lack of Funds

May 2010

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.

These projects are the highway to Heredia, the new road to San Carlos, the link between Bajos de Chilamate-Vuelta Kooper, concluding the northern Ring Road (Circunvalación) and enlarging the Florencio del Castillo Highway.

Costa Rica: No Progress in Infrastructure

May 2011

There are too many attorneys and too few engineers on the staff of the Costa Rican Ministry of Public Works.

The Ministry of Public Works and Transport (MOPT in Spanish) appears to have no solution to the obvious lagging behind of Costa Rica in terms of public infrastructure.

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