The Bank of Inter-American Development (BID) agreed to lend Costa Rica $850 million to build or improve roads, bicycle paths, the new international airport in the Costa Rican South Pacific, and the Metropolitan Electric Railroad, among other works. The loan has to be approved by the congressional, a fact that prompted president Oscar Arias to request from the deputies to the Legislative Assembly to approve it at the soonest possible. He pointed out that the country has waited for a long time to improve infrastructure, thus the opportunity has to be take proper advantage of. The Government of Costa Rica has to supplement the loan with a $200-million counterpart, thus taking the overall amount to $1,050 million. The first installment, for $300 million and $75 million as the Costa Rican counterpart, would be used to improve 500 kilometers of roads.
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