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Friday, January 29th, 2016  |  USD: Buy 531.29 / Sell 543.92
20 years

New highway between San Jose and San Ramon will cost $530 million

March 12th, 2013 (InsideCostaRica.com) The new highway between San Jose and San Ramon will be built using $530 million dollars, Pedro Castro, the Minister of Public Works and Transport confirmed yesterday at a press conference.

 

The construction is expected to last 30 months, and will begin in six months with the construction of eight bridges and ten overpasses, according to Castro.

 

The new highway will be 60.6km long, or 37.6 miles.  At $530 million, each mile of the highway will cost more than $14 million.

 

The construction is being handled a firm called OAS.

 

The highway will be handled in concession for a period of 30 years and will include five tolls, costing nearly 2,000 colones each way.

 

President Laura Chinchilla said she was pleased with the awarding of the work but criticized the cumbersome process it required to get to this point.

 

 

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