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Insidecostarica.com - San José, Costa Rica  -   Friday 13 April 2007

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New Law Will Send Men To Jail For Insulting Women
New Road To Caldera Stalled Again
Costa Rica Protests Nicaragua For Sovereignty Violation
Approval Of TLC Possibly By Referendum
More Gasoline Prices Hikes On The Way
 



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New Road To Caldera Stalled Again
Another stone on the new road Caldera has stalled the project again. This time it is in the form of a an administrative problem that will impede the start of construction next scheduled for next month.

Luis Diego Vargas, vice minister of Concessiones, said yesterday that the construction consortium, Consorcio Autopistas del Sol, has not presented the required documentation to begin work.

According  to Vargas, Consorcio will not begin work on the project until the Contaraloría General de la República (Comptrollers office) approves an addendum to the contract.

The addendum is a requirement by the Banco Centroamericano de Intregación Económica y la Cada de Madrid asking that the trust be created by the shares of the Consorcio, that would back their investment of us$200 million dollars in the project.

"The constructor is suspending the start of the work until the Contraloría approves the addendum", said Vargas.

The process could take up to a month for the Contraloría to resolve the issue, meanwhile the machines will not move one inch of the 77 kilometres of the new road that connects Cuidad Colón, west of Santa Ana and San José to Caldera on the Pacific coast.

The new road would reduce the time to travel to Caldera from San José to 30 minutes, a trip that now takes almost two hours.

Alvaro Muelas, general manager of Autopistas de Sol, said last night that the machinery is ready and so are the workers, but it cannot begin to the project until the Contraloría gives the approval for the credit line.

Autopistas del Sol is a joint venture comprised of Spanish, Portuguese and Costa Rican partners.

Once the construction begin, the contract calls for Autopistas del Sol to deliver a complete road within 24 months.

This is the not the first time the project has been stalled.

The project began with a design some 30 years ago. The five bridges that make up the new road were inaugurated in 2002.

 


Stones in the road
June 2001:
The Argentinian-Costarican consortium Cartellone-Asocol was awarded the project for us$144 million.

August 2003: The contract with Cartellone and a third partner is signed

November 2004
: Cartellone quits the project due to the delays in the land expropriations

December 2005: The Contraloría authorizes that Autopistas del Sol take over the project

April 2006:
A new contract for the construction is signed and a start date of January 2007 is fixed

April 2007:
The project is stalled again



 

 
   

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