Costa Rica: $100 Million Approved for Border Crossings

Finally, the Legislative Assembly has approved the IDB loan to improve infrastructure at the border posts of Peñas Blancas, Paso Canoas, Las Tablillas and Sixaola.

Friday, May 12, 2017

From a statement issued by the Ministry of Foreign Trade:

  • IDB approves $100 million loan to improve border infrastructure.
  • Project will benefit border posts in Peñas Blancas, Paso Canoas, Las Tablillas and Sixaola.                    

San José, May 11, 2017. Eradicating problems in infrastructure, lack of inter-institutional coordination, insecurity, lack of user controls, repetitive and inefficient procedures, budget deficiencies, and informal activities are some of the main goals of the Border Integration Program approved today in a second debate in the Legislative Assembly.

This operation, for which the Ministry of Foreign Trade (COMEX) has been designated as the executing agency, consists of a loan with the Inter-American Development Bank for US $100 million; With the objective of financing the construction, equipment and procedural improvements needed at the border crossings of Peñas Blancas, Paso Canoas, Las Tablillas and Sixaola.

More on this topic

Full Customs Union Will Take A Long Time

August 2017

While Honduras and Guatemala are already advancing in the process of customs unification and Nicaragua and El Salvador have joined as observers, in Costa Rica it is thought that full union will only be completed between 2023 and 2025.

The fact that the countries in the region are implementing the processes necessary to achieve Customs Union at different speeds makes the full union of all systems and full opening of borders for the free transit of goods still a distant goal.

Costa Rica: $27 million to Modernize Border Post

June 2017

Of the $100 million approved to improve infrastructure at the border posts, $27 million will go towards the construction and equipment of the Paso Canoas post.

The Solis administration has reported that with the recent legislative approval of a $100 million loan to modernize border posts, the process can begin to select the land where the new infrastructure will be built, create the trust and manage the permits to develop the project.

Costa Rica: Improvements to Border Posts Still Awaited

April 2017

The $100 million loan contract to modernize the posts of Las Tablillas, Peñas Blancas, Paso Canoas and Sixaola has been withdrawn from the legislative agenda in order to re-consult with indigenous peoples.

The loan agreement between Costa Rica and the Inter-American Development Bank was withdrawn from the legislative agenda for further consultation with indigenous peoples.  

Loan of $80 Million for Border Posts

January 2013

The IDB has loaned Costa Rica $80 million to finance the construction, equipping, and improvement of the border crossings of Peñas Blancas, Paso Canoas, Sixaola and Las Tablillas.

According to a statement from the Foreign Trade Ministry (COMEX), the news was announced by the Minister of Foreign Trade, Anabel Gonzalez, on the morning of 9th January at a public event involving exporters, carriers and representatives of the institutions involved in this initiative.

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