No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveChina to finance most of Limón road expansion

China to finance most of Limón road expansion

China will help finance a major road expansion project to the Caribbean port city of Limón, but will only donate part of the funds needed to complete it, the daily La Nación reported. The project will expand a 108-kilometer stretch of Route 32, which links San José to Limón, from two to four lanes between Río Frío de Sarapiquí and Limón, as well as add bicycle paths for local residents, pedestrian walkways and bridges for local traffic.

The route is an important artery for goods and travelers moving between the capital and the coast. Approximately 5,000 vehicles traverse the road daily, including about 700 cargo vehicles, according to La Nación. This high volume of traffic combined with a narrow, two-lane road lead to heavy congestion along the route.

Originally estimated to cost $221 million, Chinese and Costa Rican officials now say the project could have a price tag of up to $420 million. China will now offer financing in the form of low-interest loans or credit to complete the work, in addition to a partial donation.

A new shipping port slated to be built at the Caribbean port of Moín, near Limón, by the Dutch company APM Terminals would increase the flow of goods and people along the route, adding an extra bit of urgency to enhancing the road’s capacity for traffic. If approved by the Costa Rican Comptroller General, construction on the Moín shipping terminal would begin by 2013 and be completed by 2016.

Trending Now

US Forces Seize Second Oil Tanker Amid Tightened Blockade on Venezuela

United States forces intercepted a second oil tanker in international waters off Venezuela's coast on Saturday, escalating tensions in the Caribbean as President Donald...

Honduras Starts Partial Recount in Tight Presidential Election Backed by Trump

Honduras electoral officials started a partial recount of votes yesterday from the November 30 presidential election. The race remains close, with right-wing candidate Nasry...

Costa Rica Snake Prevention Tips for Homes and Gardens

Wanting to be close to nature is probably among the top five reasons that many folks from other countries cite when they decide to...

Emiliana Arango Rises as Latin American Tennis Leader at Australian Open

For years, Latin American tennis followers have turned to a handful of familiar names when scanning Grand Slam draws for women’s singles contenders. Brazil’s...

Costa Rica Probes Osa Permits in Fila Costeña Amid Eco Concerns

Costa Rica's Comptroller General of the Republic (CGR) has accepted a complaint and sent it to its oversight unit for review. The focus is...

Costa Rica Mandates Mangrove Restoration at RIU Guanacaste Hotel

Costa Rica's Environmental Administrative Tribunal has issued a directive for the RIU Guanacaste hotel complex to repair mangrove and forest areas harmed during its...
Avatar
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica