García visits Costa Rica to analyze future infrastructure projects

November 13, 2003

CAF Executive President Enrique García announced Thursday in San Jose, Costa Rica, the possibility of approving financial operations totaling $160 million for the Central American nation.

The CAF chief executive was visiting the country to analyze future operations with government authorities. Costa Rica became a CAF shareholder last year.

García emphasized CAF´s support for the Puebla-Panama plan which covers infrastructure projects, and announced the possibility of financing a products pipeline. Funds will also be granted to finance road projects and an integration program between Costa Rica and Panama, including a bridge over the Sixaola River.

The CAF will work with the Central American Bank to support Costa Rica´s efforts in concessions, including the San Jose-San Ramon corridor, García added.

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