Costa Rican Congress to Have New Home

The Board of the Legislative Assembly has signed a new trust for $30 million with the BCR for the construction of a parliament building.

Wednesday, August 31, 2011

The Board members Patricia Perez and Gloria Bejarano, told Prensa Libre that the new headquarters will be built on lots, to be expropriated, on the north side of the Plaza de la Democracia in the capital.

The funds for expropriation, $ 1.17 million, have been redirected from the Legislative Assembly’s budget.

President of the Legislative Assembly, Juan Carlos Mendoza, “reported that only minor details remain to be finalized, which Perez stated relate to the source of the funds for the trust, which the BCR would find in the Banco Popular and also in the National Bank ".

More on this topic

$70 million to Build Legislative Assembly

January 2012

The approval of a trust agreement with Banco de Costa Rica will allow the Legislature to advance construction of its new facilities.

The referendum on the trust by the Controller General of the Republic has enabled construction of a new home for the Legislative Assembly and the restoration of existing buildings.

CABEI To Build Seat of Costa Rican Congress

June 2010

CABEI confirmed that the works to build the new seat of the Costa Rican Legislative Assembly, valued at $96 million, will start on April 2011.

According to the contract signed with the Inter-American Development Bank on 2008, works were scheduled to start on 2010, but were delayed due to problems securing the lots.

Costa Rica: Moderate Expansion of Bank Branches in 2012

January 2012

Only the Banco Popular plans to open ten new offices, the rest have plans from only one or two openings.

For the banks Nacional BCR, BCT, Lafise and others, it will be a year of moderate growth and their plans will be to participate in new developments or strategic communities.

Construction of New Legislative Building Announced

December 2011

The president of the Salvadoran Assembly has presented an outline for the the new Legislative Assembly building project.

The project will be financed by the Inter-American Development Bank (IDB) with $5 million, over a 25 year term.

The new 8 floor building will have a meeting and conference room and larger installations than those at the current site, among other things.

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