After some conflicting and confusing comments in the national press, there now seems to be some clarification as to the details of the start of La Costanera Nicaragua a coastal road or tourist route that has been talked about since the days of President Enrique Bolaños (2002 – 2007).
Preparation work has started on a stretch from an area known as “Los Mojones” (Boundary Markers) at the Costa Rica Border up to La Naranjo and Ostional. The Ministry of Transport and Infrastructure (MTI) has announced that it has taken a “decisive step” to get the project going. The MTI are plowing ahead with the groundwork, earthmoving, drainage ditches and storm water run-off; as well as the construction of one of the two bridges needed to complete the first phase. This work is being paid for from National Treasury funds.
Confusing the issue was a statement by the Central American Bank of Economic Integration (CABEI) in relation to funding. They stated that it would take six to eight months to complete a study before the bank could advance the funds for the project and this suggested that phase one would not start until that time had passed. However, they have agreed to fund this study and have already stated that they feel positive about the likely outcome.