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

Costa Rica’s Puriscal Hosts Annual Chicharrones Festival

Crowds gather in the central park here as the Feria del Chicharrón kicks off its 2025 edition, drawing locals and visitors to sample the...

Honduras Votes in High-Stakes Presidential Election Amid Trump Threats

Hondurans are electing a president this Sunday in a tightly contested vote held under pressure from United States President Donald Trump, who urged voters...

Miguel Herrera Opens Up on Costa Rica’s Heartbreaking World Cup Miss

Mexican coach Miguel Herrera returned home after a tough stint with the Costa Rican national team, sharing his raw thoughts on the squad's inability...

El Niño Causes Massive Coral Die-Off at Costa Rica’s Isla del Caño

Scientists report that the 2023-2024 El Niño event delivered a severe blow to coral reefs around Isla del Caño, one of Costa Rica's key...

US Dollar Exchange Rate Hits Record Low in Costa Rica’s Monex Market

The U.S. dollar continued its slide against the colón yesterday, closing at ₡493.47 in the Monex market, marking the lowest level in nearly two...

Costa Rica Capital Glows with Christmas Lights in Seven Parks

Our capital city marked the start of the holiday season on Tuesday evening when municipal officials flipped the switch on more than 400 lighting...
Avatar
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Rocking Chait
Costa Rica Travel

Latest News from Costa Rica