Public Works: Optimistic OutlookIn Costa Rica, investments in the construction of highways, roads and bridges are forecast to grow in 2019 and 2020, by 47% and 10%, respectively.Tuesday, February 19, 2019
The 2019-2020 Macroeconomic Program of the Central Bank of Costa Rica (BCCR), explains that by 2019, the acceleration in the development of road infrastructure projects will be the main engine of growth in public investment. Source: CentralAmericaData.COM ¿Busca soluciones de inteligencia comercial para su empresa?Are you interested in construction projects in Central America? Receive information about our monthly report including a complete list of all the major and most important construction projects seeking government authorization. Request more information: Need assistance? Contact us
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Road Works: Budget Reduced in Costa RicaJuly 2020 As a result of the health and economic crisis affecting the country, the government decided to cut the budget assigned to municipalities by $71 million to finance maintenance work on the cantonal road network. Road Infrastructure: $2.4 Billion in New InvestmentsSeptember 2019 In the first quarter of the year, 21 environmental impact studies were presented for projects of street rehabilitation, construction and expansion of highways in Central American countries. Positive, but Insufficient ProjectionsJanuary 2019 The Central Bank estimates that Costa Rica's economy will increase by 3.2%, mainly because of private consumption and a rebound in public investment. Central America: $270 Million in Road ProjectsNovember 2018 During the first semester of 2018, 36 environmental impact studies were presented for projects of street renovation and construction of highways and bridges in the countries of the region.
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