The industrial sector is willing to import the LNG needed without state intermediaries in order to reduce production costs.
"On 11 June, the Administrative Court accepted a law which is forcing the Ministry of Environment and Energy (Minae) to decide, within fifteen working days, on the possibility of the private sector importing liquefied natural gas (LNG)," reported Elfinancierocr.com.
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.
Current prices of around $2 per pound of solids, the highest prices since 2007, are consistent with market developments since that year and should remain at that level.
The finding of fungicide residues in a shipment of concentrate from Brazil, the world's largest producer, coupled with fears that frosts would affect plantations in Florida, caused prices to shoot up in US stock exchanges to record levels of $2.13 per pound of solids on January 10th.
The next harvest season could be complicated, as several agricultural sectors expect the labor supply will decrease.
The growth of construction sector in Nicaragua has been a good thing for the country but not for its neighbor Costa Rica, because the Costa Rican agricultural sector normally uses labor from Nicaragua at fruit harvesting time, especially for coffee, pineapple, melon and sugarcane.
Between 2 and 5 years will pass until the Association Agreement with Europe enters into force, but Costa Rican exporters are already studying how to compete in that market.
Being more and more competitive seems to be the basic recipe to effectively compete in the EU’s 500 million person market.
Costa Rican businessmen are already seeking the necessary tools to achieve this indispensable increase in competitiveness: advice and training in how to export to Europe, business networking and adapting their goods to Europe’s demands and preferences.
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