No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveBrazilian company OAS wants Costa Rica to pay $45 million for highway...

Brazilian company OAS wants Costa Rica to pay $45 million for highway contract suspension

The Brazilian company OAS is seeking $45 million in compensation from the Costa Rican government for the termination of a contract to rebuild the highway between San José and the canton of San Ramón in Alajuela.

The request was made through a letter received Thursday by Casa Presidencial in which the company details expenses it has incurred in the process, including $33 million paid by OAS to a previous concession holder, Autopistas del Valle. The company also lists $900,000 in taxes and some $11 million in other expenses and investments dating back to March 29, 2012.

Planning Minister Roberto Gallardo said the National Concession Council is analyzing the OAS figures and will have a response on Monday.

Gallardo added that officials will ask OAS to submit all the necessary documents to substantiate their claims.

President Laura Chinchilla in April cancelled the concession after residents of San Ramón and outlying areas held several protests against the project, which would have charged $8 in round-trip tolls on the 58-kilometer highway for the next 30 years.

Trending Now

Costa Rica Faces Growing Calls to Restrict Social Media Use Among Children

A landmark jury decision in California is sending shockwaves through the global tech industry, and its ripple effects are now being felt in Costa...

Costa Rica Blocks Tárcoles Crocodile Deck Permits as Officials Push Back

Controversy has erupted over construction of a crocodile viewing deck next to the bridge that spans the Tárcoles River in Garabito. Environmental lawyer Walter...

Israel Defends Blocked Palm Sunday Mass at Holy Sepulchre

Netanyahu stating there was “no bad intention” after preventing a Catholic Mass at the Church of the Holy Sepulchre enters Costa Rica’s public conversation...

Costa Rica Travel Bookings Rise as U.S. Flyers Act Before Costs Climb

Travel demand to Costa Rica is rising right now in a way that reflects more than seasonal patterns. It also shows how travelers are...

Christina Aguilera explores Costa Rica’s La Paz Waterfall Gardens

The American pop star headlined the second night of the PICNIC Festival in Heredia on Saturday, March 21. She delivered a set of her...

Costa Rica Cracks Down on Taxes for Airbnb and Short-Term Rentals

There is a law that came into effect October 2019 which aims to oversee tourist rental services such as: homes, apartments, villas, chalets, bungalows,...
L. Arias
L. Arias
Reporter | The Tico Times |
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica