Public Construction Grew by 21% in Costa Rica

Public works constructions in Costa Rica for January 2009 recorded an increase of 21% over the same month in 2008.

Tuesday, March 31, 2009

This increase in public construction softened the 8% drop that was experienced by private construction during the same period.

According to data from the Comptroller of Costa Rica published in nacion.com, more can be done in public works since there is about a $2.688 billion (1.5 trillion colones) surplus from 2008 that can be used in 2009. It also indicated that there are $3.667 million in external funding for construction.

With regard to the works being carried out, investments of $251 million for power generation, $264 million for roads and $30 million for a hospital in Heredia were highlighted.

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