Costa Rica Endorses $495 million Road Contract

The Comptroller has finally endorsed the controversial contract with the Chinese company CHEC to expand 107 kilometers of Route 32 to the Caribbean, with a contribution of $395 million from the Asian government.

Wednesday, April 27, 2016

Three years after the Chinchilla administration started negotiating with the government of China to get the loan and after a lot of objections and questions throughout the process, finally the Comptroller General of the Republic has given the green light to the project, with the endorsement of the contract.

Read on CentralAmericaData.com a review about the beginnings and setbacks of this project to date.

From a statement issued by the President of Costa Rica:

The head of the MOPT said that "this Administration started a negotiation process which resulted in a draft with a significant improvement to existing inputs, which did not meet the requirements for a technical blueprint. As a result of this negotiation process three addenda were added through which core aspects were generated. "

With this endorsement, the order to start designs may now be given. This project will have an execution period of 42 months (8 months to design and 34 months for construction).



More on this topic

Costa Rica: Progress in Important Road Project

June 2017

After several months of discussions, approval has finally been given to the Bank of Costa Rica to take full control of the construction project for the route between San José and San Ramón.

The financial structure and execution of the work will now be the responsibility of the Bank of Costa Rica (BCR), which was awarded the contract for administration of the trust. For four months the discussion revolved around the conflict of interest that could arise if full control was given to the BCR, delaying the start of works.  

Costa Rica: $465 million Road Project Accelerated

June 2016

The Chinese construction company CHEC will finance the cost of the environmental impact study in order to unfreeze the project to expand 100 kilometers from San José to Limón.

The goal of the construction company China Harbour Engineering Company (CHEC) is to avoid further delays to the start of the project to expand and renovate 107 kilometers of road in the province of Limón on Route 32. Lack of resources at the Ministry of Public Works and Transport prevented any progress being made in this process, which in turn is a prerequisite for the Chinese bank Eximbank to hand over the $395 million with which the work will be financed.

Costa Rica Approves $465 million Highway Contract

May 2016

China Harbour Engineering Company will have 42 months to expand the road linking the capital San José with the port area in Limón.

From a statement issued by the Comptroller General of the Republic:

By attached letter, the CGR endorsed the Contract Agreement and Addenda 1, 2, 3 and 4 for the "Project Design, Renovation and Expansion of National Road No.

Alternative to $465 million Road Contract with China

March 2014

Five Costa Rican construction companies have submitted a joint proposal to take over the expansion to four lanes of 107 miles of kilometers to the Caribbean.

The companies, Codocsa, Desarrollos Mega, Pedregal, Productos de Concreto and Traesa submitted a joint proposal for the expansion to four lanes of the Rio Frio to Limón stretch on Route 32.

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