Costa Rica and its Below Par Enactment of Public WorksOf the $1592 million in loans for road infrastructure granted up to September this year, the Ministry of Public Works has only used 33%.Tuesday, November 1, 2016
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." Source: Nacion.com ¿Busca soluciones de inteligencia comercial para su empresa?Are you interested in construction projects in Central America? Receive information about our monthly report including a complete list of all the major and most important construction projects seeking government authorization. Request more information: Need assistance? Contact us
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Costa Rica: $91 Million More for Road WorksNovember 2020 CABEI and the Costa Rican authorities have signed a contract to extend the "Strategic Road Infrastructure Works Program" for a further $91 million, which finances, among other works, the construction of the Northern Beltway. Nicaragua: $43 Million to Build BridgesJuly 2017 With funding from the Japanese International Cooperation Agency, four bridges will be built on the road linking the municipalities of Rio Blanco and Siuna in the North Caribbean. Alternative Financing for Road in Costa RicaDecember 2013 The delay in the approval of the Chinese loan for the construction of the road to Limón suggests the need to consider other options. Costa Rica: New Bridge En Route to AirportAugust 2011 The Ministry of Public Works (MOPT in Spanish) has announced the construction of a new four lane bridge alongside the old bridge, which has structural problems, on one of the most important routes in the country.
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