CABEI-financed road project, which will be used by 50 thousand drivers daily in San José, enters its final stage
The viaduct at the Guadalupe traffic circle is part of CABEI's US$340 million Strategic Road Infrastructure Works Program.
San José, January 28, 2021. – The Guadalupe overpass in San José has entered its final stage of construction and is expected to be ready for the traffic of about 50,000 drivers per day by the end of the first quarter of 2021, as announced by the Costa Rican government.
This project, which is being financed by the Central American Bank for Economic Integration (CABEI) for US$19.5 million from the Strategic Road Infrastructure Works Program for more than US$340 million, is 80% complete.
This was confirmed this Thursday during an inspection visit by the President of the Republic, Carlos Alvarado, CABEI Country Chief Officer, Mauricio Chacón, and the Minister of Public Works and Transportation, Rodolfo Méndez Mata, among other officials in charge of the project.
"For CABEI, it is a source of great satisfaction to know that we are part of these transcendental works that will soon improve the quality of life of Costa Ricans. These are interventions that have been awaited for years and that today, despite the economic difficulties, are becoming a reality," said CABEI Country Chief Officer Mauricio Chacón.
For his part, the Minister of Public Works and Transportation, Rodolfo Méndez Mata, highlighted the solid progress of the works in spite of the pandemic and listed others that have received financial support from CABEI that will drastically change the flow of vehicles in the capital.
Among them, the traffic circle of the Social Guarantees, inaugurated at the end of March 2020, the traffic circle of La Bandera, which has already started, the new bridge over the Virilla River on Route 32, inaugurated in September last year, as well as the iconic work of the North Bypass, which will enable in 2021, the largest viaduct in the country, and which has an overall progress of 80%.
In November 2020, CABEI and the Government of Costa Rica signed an addendum for an additional US$90.5 million to the US$340 million Strategic Road Infrastructure Works Program. This will allow for the construction of Functional Unit V of the North Bypass, as well as the reinforcement and modernization of the old bridge over the Virilla River on National Route 32.