Interoceanic Dry Canal

15/11/2016
Project development

$ 16 billion

Announced

15/11/2016


Overview:

  • Interoceanic Dry Canal
  • Cansec (Canal Seco de Costa Rica) has submitted a proposal to construct a shipping canal which would connect the Atlantic and Pacific coasts of Costa Rica. 
  • The canal would link a port in Parismina, a port in San Carlos and a port in Santa Elena. 
  • If successful, the canal would allow shippers to unload, transport and reload goods in less than 30 hours. 
  • The canal is part of a wider project which includes the construction of a 10 lane highway, 30 hydroelectric power plants, and three international airports. 
  • The total project has an estimated cost of $16 billion.

Rani Mehta - Journalist 

Jurisdiction:

Costa Rica

Deal type:

Project development

Practice area:

Project development

Industry sector:

Transport


Firm:

Party: CANSEC (Project developer)