The American company Wastelectric has announced that it will invest $390 million in Costa Rica in a solid waste gasification plant to generate 45 MW per month.
The free trade zone in Coyol, Alajuela, would be the location of the processing plant measuring 40,000 m2 to recycle some 2,200 daily tons from 35 municipalities in the country. It is estimated that the energy generated from the process will be enough to supply approximately 108,000 households.
Recope, Intel, Panama Canal Authority, ICE and Copa Airlines are listed in AméricaEconomía's ranking of the 500 largest companies in Latin America.
In their analysis on Latin America's 500 largest companies, AméricaEconomía Intelligence shows the impact of the economic crisis in the region. For these 500, income fell 3.7% in 2008, a sharp contrast from the 23.7% expansion registered in 2007.
Intertel Worldwide competes directly with ICE in international calling, with rates up to five times lower than the state enterprise.
ICE (the Costa Rican Institute of Electricity) denounced the situation before the recently created Telecommunications Superintendent (SUTEL), arguing that Intertel Worldwide has not yet been authorized to operate. The new business responded that it is operating in the same manner in which cyber cafés that offer international calls via the Internet do.
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