Costa Rica looking for company in Asia to invest in a megaport in Limon
President Arias will travel to Singapore with the hope of attracting investment for several sectors, especially for investment in the port.
Friday, November 21, 2008
The approach to Asian countries has become a priority for the Costa Rican president.
Two separate packages of $30 and $40 million will allow for the modernization of outdated equipment and facilities at Costa Rica’s main port.
Despite the new president having reaffirmed his government's commitment to the project at Moin to be run by the Dutch company APM Terminal, his own lawmakers are supporting the formation of a committee to re-analyze the concession contract.
The new Costa Rican government's proposal was rejected by the union, whose consent must be obtained for the concession of services to third parties.
The pit that was supposed to provide filling for the works of APM Terminals complies with environmental standards but its permission was denied after being unable to prove ownership of the land.
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