Inauguration of CABEI-financed New Social Guarantees viaduct held in Costa Rica

The work is one of the three interventions planned by the government on National Route 39, Circunvalación, where CABEI has had a fundamental role in financing the important works.

The US$17.6 million was provided by CABEI, which is the Multilateral Development Bank of the Central American region.

San José, March 30, 2020. – With a US$17.6 million loan from the Central American Bank for Economic Integration (CABEI), the new Social Guarantees viaduct was put into service. The infrastructure aims to streamline vehicular flow at one of the busiest points in the city of San José.

The work, which is 864 meters long, also includes a 550 meter overpass. The overpass consists of six lanes in total, three in each direction; while the viaduct has four, two lanes per direction. Traffic authorities estimate that on a daily basis, approximately 70,000 vehicles use the road.

In this regard, CABEI Executive President, Dr. Dante Mossi, stated that, “We are sure that in the midst of the difficult world panorama experienced as a result of the Covid-19 pandemic, this news will have a very positive effect on Costa Ricans. At CABEI, we are proud to have been part of this important project that represents significant development for the country.”

In compliance with the sanitary provisions against COVID-19, the work was opened to traffic through a virtual act by Costa Rican President, Carlos Alvarado, the Minister of Public Works and Transportation (MOPT), Rodolfo Méndez Mata, and the Executive Director of the National Road Council (CONAVI), Mario Rodríguez.