Costa Rica After Chinese Infrastructure Investment
The country has started negotiations with authorities from the Chinese government and financial institutions in order to access funding for two road extensions that will allow the transport of cargo between the Caribbean and the Pacific without going through the Central Valley.
Thursday, August 16, 2012
While in the Asian country, the president of Costa Rica, Laura Chinchilla, told the newspaper La Nacion that the negotiations underway are the for the purpose of getting resources for the expansion works on the road connecting the port of Limon and Sarapiqui and the one linking Chilamate with Vuelta de Kooper in the north.
The Ministry of Public Works tenders construction of a new road between Chilamate and the town of Vuelta de Kooper.
Projects include road construction at Bajos de Chilamate-Vuelta Kooper, widening of the Inter-American Highway, construction and rehabilitation of bridges as well as road maintenance.
Construction has begun of the highway between Vuelta Kooper in San Carlos and Bajos de Chilamate in Sarapiquí, which will facilitate the production output of the area to the port of Limón.
Having submitted a bid of $50 million, the construction firm Sánchez Carvajal will build the road between Bajos de Chilamate and the town of Vuelta Kooper.
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