Thursday, January 23, 2020

Expanding Route 27 in Costa Rica

The Government formalized an agreement with the Globalvia company, a highway concessionaire, to extend by 15 years the concession to expand route 27, which was opened ten years ago.

The current contract ends in 2033, after 25 years, but will now be extended until 2048, leaving control of the highway in the hands of the same company. There is much more work left to do. Three more stages of work are planned out.

The letter of understanding signed puts forth terms and conditions to negotiate all the future works that will even reach the La Sabana Metropolitan Park. The rate that the State will pay and that we will pay in tolls is being renegotiated.

Another aspect being analyzed is how many additional lanes will be built per section. There are many possibilities modeled out showing how much tolls would cost and how much contribution from the State would be required in each scenario.

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