Costa Rica News – Perhaps this will make the Costa Rica border runs a bit quicker, but do not expect construction dollars to be used optimally.
The Inter-American Development Bank is donating $800,000 to strengthen the road between Panama City and Mexico. The countries it passes through must contribute a counterpart of $120,000.
The necessary investments will be defined by the ministers of Public Works and Transport of Mexico, Belize, Guatemala, Honduras, El Salvador, Nicaragua, Costa Rica, Panama and the Dominican Republic so as to avoid interruptions in the highway.
The funds will be implemented over the next 2 years and are arranged through a non-reimbursable technical cooperation. This intervention will better the conditions and strengthen international trade and the transfer of goods in the region.
Some stretches of the road in El Salvador will have to be redesigned because it has been identified that year after year there are impacts from hurricanes and other environmental effects.
