$170 Million Approved for Inter-American Highway

October 20, 2006

Public Works and Transport Minister Karla González on Wednesday signed a contract that will allow the National Roadway Council (CONAVI) to use a $170 million loan to refurbish and maintain the northern stretch of the

Inter-American Highway

, according to a statement from the Public Works and Transport Ministry (MOPT). This road connects San José with the northwestern province of Guanacaste and Nicaragua.

The $170 million loan, which came from the Central American Economic Integration Bank (BCIE), will also be used to carry out other road repair projects.

The contract must now be sent to the Comptroller General’s Office for approval.

“This project has two stages: design and construction, which will take three to four years, which is why the funds should be freed up by the end of this year,” González said.

 

You may be interested

Costa Rica at a glance: top news from the past week
The Alvarado Administration
69 views
The Alvarado Administration
69 views

Costa Rica at a glance: top news from the past week

The Tico Times - May 21, 2018

Newly inaugurated Costa Rican President Carlos Alvarado is closing in on two weeks on the job. Here are some of…

PHOTOS: International Museum Day in Costa Rica
Arts & Culture
86 views
Arts & Culture
86 views

PHOTOS: International Museum Day in Costa Rica

Mitzi Stark - May 21, 2018

May 18 is International Museum Day, and Costa Rica celebrated with 31 mini-museums all in one at the Casa del…

Costa Rica, Panama refuse to acknowledge Venezuelan election results
Latin America
115 views
Latin America
115 views

Costa Rica, Panama refuse to acknowledge Venezuelan election results

AFP - May 21, 2018

Costa Rica and Panama were two of 14 countries in the Americas to announce they would not acknowledge the results…