Road Infrastructure Boosted by $170 million from the BCIE

The MOPT of Costa Rica and the BCIE agreed to renew the credit line used in projects developed by the National Council of Highway Administration.

Friday, February 20, 2009

In an article by Leticia Vindas in Elfinanciero.com, she explains the distinct projects for expansion, renovation and maintenance of peripheral roads that will be executed with money from the loan.

More on this topic

Costa Rica and its Below Par Enactment of Public Works

November 2016

Of the $1592 million in loans for road infrastructure granted up to September this year, the Ministry of Public Works has only used 33%.

The $1592 million correspond to, says Nacion.com, "... loans for $60 million for roads and cantonal bridges, $390 million for the expansion to four lanes of Route 32 between the crossing towards Rio Frio and Limon, $340 million for routes between Canas-Barranca and Paquera -Playa Naranjo and $450 million for the Northern Beltway, the´platina´and Saprissa bridges, among other things."

Nicaragua: $149 million for Road Infrastructure

February 2015

The Central American Bank for Economic Integration has approved a loan of $149 million for the construction of 126 miles of road between the towns of Mulukukú and Siuna.

From a statement issued by the Central American Bank for Economic Integration (BCIE):

The Central American Bank for Economic Integration (BCIE) and the government of Nicaragua signed a loan for $149.2 million to finance the 'Project to Improve Rural Roads and Highways with a Connection to the Nicaraguan Caribbean '.

Another $170 million for Infrastructure in Nicaragua

June 2014

More projects for water and sanitation, roads and electricity distribution will receive funding from the Central American Bank for Economic Integration.

Among the projects to be funded is the rehabilitation of the Juan Pablo II runway, which will be run by the mayor of Managua and the purchase of new transformers and electrical connecting units for the National Electricity Transmission Company (ENATREL).

More Foreign Credit for Private Companies

July 2011

International financial entities will increase the amount of finance available for private businesses and projects in Latin America

The International Finance Corporation (IFC), the World Bank, the Inter-American Development Bank (IDB) and the American Investment Corporation (IIC) have announced their willingness to increase resources for the financing of "eco-friendly projects, infrastructure, agribusiness and even educational projects," developed by private enterprise.

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