Costa Rican roads, trains, ports and airports will be getting a billion dollar face-lift, government officials said Monday. A regional development bank has granted Costa Rica a loan of $850 million and the government will add $200 million to that for a total infrastructure investment of one billion dollars.
Funds will be put to work immediately. The minister of transportation, Karla Gonzalez, said the highway stretching between Manuel Antonio National Park and Dominical Beach will be completed by 2009.
The loan is also meant to help airports. Ms. González said that funds would mainly go to the new international airport in the southern region near Palmar since the airport in Libería already is receiving funds from other sources.
This bodes well for all of us currently invested in the Southern Zone. For those of you that may still be on the fence, act now! Dominical is soon to be one of the hottest tourist destinations in Costa Rica and once the road is paved between Quepos and Dominical, property values are guaranteed to rise and rental incomes will be strong and steady.
By Elise Sonray; A.M. Costa Rica staff
