No Industrial park in Northern Costa Rica

The 2008 project to develop a business park in the north is still stalled.

Tuesday, February 1, 2011

Representatives of the project explained the reasons for the delay, from the global economic crisis which began in late 2008 to the lack of road infrastructure and energy.

On energy, Coopelesca plans to begin in February the construction of a 20 MW facility, which would be ready in 20 months.

"... on the absence of essential road infrastructure to connect the North with other regions of the country ... the long-awaited road to connect San Ramon and San Carlos could be completed in 2013, as announced by the Minister of Transportation, Francisco Jimenez," reported Elfinancierocr.com.

More on this topic

Costa Rica: Development of Free Zone delayed until 2010

September 2008

At the moment, users of the free zones in the north of the country cannot be guaranteed quality electric energy at a reasonable price.

The plan is that the supply of energy will come from Cubujuqui, a hydroelectric project that will generate 20 megawatts and that will cost approximately $40 million.

Costa Rica: Cartago is an Investment Magnet

August 2012

Urban growth in the east of the Costa Rican capital is underpinned by investment proposals in the Special Economic Zone of Cartago.

The achievements of investment attraction in the province include the opening in November of Paseo Metropolis and the opening of the first phase of Oficentro Terra Campus Corporativo, said Silvia Hidalgo, Director of the Center for University-Industry Links at the Tecnológico de Costa Rica College.

Investment in Free Zones in Nicaragua

February 2014

The union of Private Free Zones plans to build five new business parks in 2014.

In 2014 the plan is to supercede the investment of $150 million which was made in 2013, with the implementation and establishment of new zones to boost the arrival of new businesses in sectors such Chontales where there is a new bridge over the San Juan river and the new Acoyapa-San Carlos road which is an export route for Puerto Limon, Costa Rica.

Industrial Parks Announced in Escuintla

July 2012

Guatemala's President has also announced improvements in road infrastructure access from Mexico to the Ciudad de las Palmeras.

In a meeting with businessmen from the Guatemala Chamber of Commerce (GCC), President Perez Molina promised the projects as a way of reviving the economy of the southern provincial capital.

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