Delays for Costa Rica projects

In Costa Rica delays have hit the channelling of a loan provided by the Inter-American Development Bank (IADB) for infrastructure projects. The US$300 million loan granted from the IADB has yet to be invested into infrastructure projects. Some of the key works planned originally include new roads and bridges
May 28, 2012 Read time: 1 min
In Costa Rica delays have hit the channelling of a loan provided by the 2791 Inter-American Development Bank (IADB) for infrastructure projects. The US$300 million loan granted from the IADB has yet to be invested into infrastructure projects. Some of the key works planned originally include new roads and bridges. However the Ministry for Public Works says that the projects are not likely to begin until December 2010.

For more information on companies in this article

Related Content

June 3, 2019

Costa Rica road construction plan

Costa Rica’s Ministry of Public Works and Transports (MOPT) is planning 110 road improvement projects, with a total cost of US$144 million. Construction will start on the first 14 of these in July 2019, with the work being carried out by the contractor MECO. Funding for the work is being provided by the Inter-American Development Bank (IADB) in the shape of a loan. The tender processes for a further 10 projects are commencing, with tenders for an additional 18 projects due to commence in July 2019.
boombox1

Highlighted Content

boombox2