INS Willing To Invest US$500 Million to Build Roads

The Costa Rica state insurer, the Instituto Costarricense de Seguros (INS), says it could be willing to invest up to US$500 million in road construction projects that already have their pre-design and studies ready.
The road to Montevrede, one of Costa Rica’s hot tourist destinations. Photo Lonely Planet
The INS said they would only be interested in projects designated as “mature”, that is to say, those that already have all the approved permits and pre-designs. The problem with this requirement, according to the executive director of the Colegio Federado de Ingenieros y Arquitectos (CFIA) – Federated College of Engineers and Architects (CFIA), is that planning problems faced by Conavi, the transportation arm of the Ministry of Public Works make it impossible to meet this requirement.
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