Over the next few months 17 local fast food and 'casual' restaurants will be opened as well as 35 cafes and 4 supermarkets.
Despite announcements of the closure of several companies in recent months, the commercial sector seems to have not stopped growing, with the coming months seeing the opening of 19 fashion stores, 6 appliance stores, 7 hotels, and 8 office complexes, among others.
ETESA has indicated that the delay is due to the complexity of the combination of assignments for quantity, price of energy and the analysis of the financial structures of the proposals.
Proposals submitted one and a half months ago are still being studied by Empresa de Transmisión Eléctrica, S.A. (ETESA), because prices are below $0.14 KW / h, however, no contestant has been disqualified.
The arrival of new competitors with frequencies between Colombia and Central America has generated a reduction in rates, favoring customers.
The opening of routes from Medellin and Bogota to Panama, by the airlines AirPanama and VivaColombia with fares "... up to 70% less than those offered by the subsidiary of Copa Holdings" is already generating benefits to travelers.
The rapid increase in the range of food in Costa Rica in recent years has surpassed demand and one in three restaurants are now selling less.
According to the results of a survey entitled "Prospects for the tourism sector" by Expo Hotels and Restaurants (Exphore) and the research firm API, 27% of restaurants had a sales decrease of 27% because of the new supply.
The office space sector in Costa Rica increased available area by 20% in 2008 and prices fell by 12%.
Office parks were the hardest hit in 2008, in comparison with other sectors of the real estate market such as industrial and commercial, due to an increased supply of new buildings and the effects of the international crisis.
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