Costa Rican roads, bridges to get over $1 billion for development

August 8, 2008

The Inter-American Development Bank is lending Costa Rica $850 million to rebuild roads and bridges now in a significant state of disrepair.

Costa Rica has promised to match the loan from the regional bank, with a $200 million investment in infrastructure.

The loan is the biggest the bank has ever given to Costa Rica, and the third biggest that the bank has granted to any country for transportation in the last eight years. Only Brazil and Argentina received more, said Fernando Quevedo, the bank´s representative here.

The money will go toward building 60 bridges along the Inter-American Highway and expanding to a third lane along part of the highway between San Ramón in Alajuela, northwest of San José, and Barranca, on the Pacific coast, said Karla González, Public Works and Transport Minister.

The ministry also intends to spruce up a highway that runs between the southern towns of San Vito and Ciudad Neily, and a highway from Bribrí to Limón along the Caribbean coast.

Sidewalks, bridges and bicycle paths will receive $50 million, González said. Some $30 million will go toward modernizing roads, bridges and intersections to promote public transportation in the Central Valley.

Facebook Comments

You may be interested

Court rejects tax reform and asks legislators to eliminate four points
Costa Rica
837 views
Costa Rica
837 views

Court rejects tax reform and asks legislators to eliminate four points

Luis Fernando Cascante / Semanario Universidad - October 17, 2018

Costa Rica's Plenary Court has rejected the proposed tax reform bill in its current state and asked the members of…

30 protesters released from prison in Nicaragua
News
843 views
News
843 views

30 protesters released from prison in Nicaragua

AFP / The Tico Times - October 17, 2018

Nicaraguan President Daniel Ortega freed 30 political opponents on Monday, an action greeted with relief by human rights organizations. They…

La Sele continues to struggle, falls to Colombia, 3-1
La Sele
820 views
La Sele
820 views

La Sele continues to struggle, falls to Colombia, 3-1

Alejandro Zúñiga - October 17, 2018

One of La Sele’s shining moments happened right there, at the Red Bull Arena, a little over a year ago.…