Saturday 12 June 2021

China Conditions US$400 Million Loan For Expansion of Ruta 32


China is willing to lend Costa Rica US$400 million dollars for the extension and improvements to the Ruta 32, the San José – Limón road, but with conditions.

One of the conditions, according to the minister of Public Words and Transport (MOPT), Pedro Castro,  is that there be no competing bids or tender, in order to give the contract unilaterally to a Chinese company.

- Advertisement -

According to Castro, who spoke in live radio Friday, the Chinese are also demanding that the cost of construction will not be inflated, such as adding extra expenses after the contract is signed.

The minister added that another condition of the contract is that government assume the cost – not to come from the loan – of relocating utilities and land expropriations.

If the conditions are accepted by Costa Rica the agreement for the loan would be signed during China’s president visit to Costa Rica on Monday.

The Ruta 32 is a major route between the Caribbean ports of Limón an Moín – and the future fuel refinery  – to San José and the rest of the country.

- Advertisement -

The construction work will see the expansion of 100 kilometres of the Ruta 32 between Rio Frio and Limón centre, that includes the building or reconditioning of five bridges, the construction of a 25 km bicycle path, 170 bus bays and 30 pedestrian overpasses.

- Advertisement -

We strive for accuracy in its reports. But if you see something that doesn’t look right, send us an email. The Q reviews and updates its content regularly to ensure it’s accuracy.

"Rico" is the crazy mind behind the Q media websites, a series of online magazines where everything is Q! In these times of new normal, stay at home. Stay safe. Stay healthy.

Related Articles

[BLOG] Costa Rican Electric Company – General Maintenance Procedures

During my fifteen plus years of living in Costa Rica, I...

Heliport, Money and Weapons in Costa Rica

Following reports by residents of Las Asturias de Pococí about flyovers...


The U.S. and Democracy in Nicaragua

Q REPORTS (Council on Foreign Affairs) Democracy is being destroyed in Nicaragua. This has been the long-term project of Daniel Ortega, the country’s dictator,...

El Salvador Makes Bitcoin Legal Tender, A World First

Q24N (Reuters) El Salvador has become the first country in the world to adopt bitcoin as legal tender after Congress approved President Nayib Bukele's...

Which countries could follow El Salvador by making it legal tender?

Q24N - El Salvador may be the first country to adopt bitcoin as legal tender, but recent developments suggest that it might not be...

Simple to request certification of vaccines against covid-19 applied in Costa Rica and abroad

QCOSTARICA - The Ministry of Health issued a new guideline on Thursday that establishes the requirements to request the vaccination certificate against covid-19 in...

Are you fully vaccinated? You can now enter Spain

Q TRAVEL - Travelers from the European Union or third countries, including Costa Rica, who have fully been vaccinated, will now be able to...

Your cell phone can now notify you if you had contact with a positive case of covid-19

QCOSTARICA - Fifteen months after the national emergency against covid-19 was declared, Costa Ricans will have a digital platform where you can be notified...

Costa Rica passes law to attract foreign pensioners and rentiers with $150K capital

QCOSTARICA - Costa Rica's legislature approved, in the first debate, a bill that reduces the minimum amount that a foreign pensioner or rentier must...

Vaccine Tourism – A Practical Guide

By Amy Gdala, Guest Contributor - The US has a surplus of vaccines, while Costa Rica is struggling to supply sufficient numbers to citizens...

Will President Alvarado be vaccinated against Covid-19 soon?

QCOSTARICA - Costa Rican President Carlos Alvarado is just another citizen when it comes to covid-19 vaccination, given his young age and good health,...


Get our daily newsletter with the latest posts directly in your mailbox. Click on the subscribe and fill out the form. It's that simple!

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.