No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeTopicsBusinessLimón residents keep up pressure on lawmakers to approve Chinese loan

Limón residents keep up pressure on lawmakers to approve Chinese loan

Hundreds of Caribbean residents on Tuesday traveled from the province of Limón to San José to urge lawmakers to expedite a Chinese loan to finance the expansion of Route 32, the main highway connecting the province with the capital.

At least 25 buses and smaller vehicles left Guápiles at 10 a.m., and after arriving in San José, began driving slowly through the city streets causing traffic jams.

The protesters call themselves “the Caribbean Force,” and in the early afternoon, they headed to the Legislative Assembly to demand a meeting with lawmakers.

Shortly after, some of the group’s leaders met with Elibeth Venegas of the ruling National Liberation Party, Walter Céspedes of the Social Christian Unity Party, and Manuel Hernández of the Libertarian Movement Party.

In a statement, the “Caribbean Force” claimed the “Chinese company CHEC is the only one capable of carrying out the expansion project.” The statement also criticized recent newspaper ads placed by local entrepreneurs claiming to be “a local alternative for the [Route 32] project.”

Protesters said the local group’s proposal “will condemn Limón to waiting at least 15 more years for new project plans, budgets and public bids.”

President Laura Chinchilla’s administration supports the highway’s expansion – with help from China – from two to four lanes along most of the 107-kilometer route, which they say will improve access to the province, particularly to the ports of Limón and Moín, two key exit routes for the country’s exports.

If approved by lawmakers, the expansion would be be financed by a $465 million loan from the Chinese government and carried out by the Chinese Harbour Engineering Company (CHEC).

Following the bill’s approval in the Assembly’s Financial Affairs Commission in February, several professional associations and private-sector chambers have expressed strong reservations about granting the project to the Chinese company. The cost is too high, they say, and the contract is unfair to the country.

In order to become a law, the bill authorizing the loan must be voted on twice by the full Assembly and signed by President Chinchilla.

At the end of Tuesday’s meeting with protesters, legislator Walter Céspedes said he believes the bill could be approved in a first round of debate next week, as most lawmakers support the proposal.

Trending Now

Canada Updates Travel Advisory for Costa Rica, Urging Heightened Caution

The Government of Canada has updated its travel advisory for Costa Rica, placing our country under a call to exercise a high degree of...

Lowest Hotel Occupancy Outlook in Costa Rica Since 2022

Hotels across the country project an average occupancy rate of 77% for the end of 2025 and the beginning of 2026, based on a...

Pre-Columbian Treasures to Be Saved Before Costa Rica’s New Airport Build

Authorities in Costa Rica plan to recover archaeological artifacts from the site of the proposed Southern Zone International Airport in Palmar Sur de Osa....

Honduras Sticks with Nighttime Border Shutdowns, Complicating Travel for Visitors

Travelers heading to Honduras face ongoing hurdles at land borders, where officials shut down crossings each night. The country's immigration service halts operations for...

Costa Rica Faces Windy Weather from Cold Front No. 6

Costa Ricans faced brisk winds and intermittent showers when getting to work this morning, as Cold Front No. 6 positioned itself over the central...

Venezuelan Migrants Are Key to Latin America’s Economy, IOM Says

Venezuelan migrants make a “key” economic contribution to the countries where they live, undermining claims that they are merely a burden, according to a...
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