Costa Rica to Fast Track $ 8.5 Million Construction
The Ministry of Public Works is currently in the planning stage of a direct route between La Uruca (Pozuelo) and San José Palacio Hotel in La Sabana.
Monday, March 7, 2011
The new access will have no traffic lights and can be traveled in 2 minutes.
Costa Rica's deficit in infrastructure was cataloged as 'very severe' by IDB experts.
Experts on railways, ports, transport and highways are undertaking inspections of projects as part of the cooperation agreement signed between both countries.
The country has started negotiations with authorities from the Chinese government and financial institutions in order to access funding for two road extensions that will allow the transport of cargo between the Caribbean and the Pacific without going through the Central Valley.
The Central American Bank for Economic Integration will invest, together with other institutions, in a Mezzanine Fund for Central American Infrastructure (Camif).
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