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Home News US$498 million loan for Costa Rica roads

US$498 million loan for Costa Rica roads

A US$498 million loan will help pay for Costa Rica road works.

by Mike Woof
February 22, 2024
in News
Reading Time: 1 min read
A A
Road improvements in Costa Rica will benefit from a US$450 million loan, including upgrades to the important Route 1 – image courtesy of © Rainer Lesniewski|Dreamstime.com

Road improvements in Costa Rica will benefit from a US$450 million loan, including upgrades to the important Route 1 – image courtesy of © Rainer Lesniewski|Dreamstime.com

A US$498 million loan will help pay for works to key road links in Costa Rica. The funding package is being supplied by the Central American Bank of Economic Integration (CABEI) to Costa Rica’s National Road Council (CONAVI).

Work will be carried out to the Interamericana Norte, Route 1, for the section linking Barranca and Limonal. Other improvements will be carried out to the ring road around Lindora and pedestrian bridge that span Route 32.

Meanwhile, a new temporary bridge structure is being erected that will improve the traffic connection with Costa Rica’s Juan Santamaria Airport. The bridge should be ready for traffic in April 2024 and boost the connection to Route 1.

Categories: Finance & Funding
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