Costa Rica: $27 million to Modernize Border Post

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.

Monday, June 19, 2017

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.

See also: "What Public Works are Being Built in Central America?"

The $100 million will be used to finance construction, equipment and procedural improvements needed at the border crossings of Peñas Blancas, Paso Canoas, Las Tablillas and Sixaola.

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More on this topic

Costa Rica: $100 Million Approved for Border Crossings

May 2017

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.

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.                    

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$100 million loan contract to modernize the posts of Las Tablillas, Peñas Blancas, Paso Canoas and Sixaola has been withdrawn from the legislative agenda in order to re-consult with indigenous peoples.

The loan agreement between Costa Rica and the Inter-American Development Bank was withdrawn from the legislative agenda for further consultation with indigenous peoples.  

Investment in Nicaraguan Customs Offices Announced

July 2016

With $80 million from the IDB and the European Union modernization works will be undertaken at five land border crossings.

According to Jose Adan Aguerri, president of the Superior Council of Private Enterprise (COSEP), "... 'First there was an IDB contribution of approximately US $60 million and we have managed to negotiate, according to what was reported at the Roatan summit, a week ago, the EU providing another US $20 million'. "

Nicaragua: $55 million for Work on Customs Offices

August 2015

Approved resources from an international loan will be allocated to infrastructure improvements at the customs offices of Peñas Blancas, San Pancho and Guasaule.

One of the purposes of the improvements to be undertaken at the customs offices is to reduce the time it takes to process control of goods in transit, something that Nicaraguan businessmen and the region have complained about repeatedly.

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