$6 billion Coming in But Limon Still Sleeps

Despite the promise brought by the development of several projects in the next five years, in Costa Rica the province of Limon is not prepared for the challenges of such investments.

Monday, February 18, 2013

Starting with education and training of the workforce that will be required by the construction and operation of mega projects like the Moin Container Terminal (TCM by its initials in Spanish), there are a number of issues where the poorest province of Costa Rica has major deficiencies, but until now only a few advances have been made in the task of solving them.

Much of the work is still in initial stages of assessment by commissions where bureaucracy is a mountain that hinders decision-making and the implementation of solutions.

Elfinancierocr.com reports that "With $5.991 billion coming to their doors in the next five years, 2013 looks like a year in which several strategic investments will materialize. Several of these projects were announced years ago and some are pending authorizations or endorsements, but the province hopes that, this time, the projects are underway. Yet despite the proximity of the construction of megaprojects like the Moin Container Terminal (TCM), with a total value of $1 billion, the province has just begun work on a plan to take advantage of this infusion of dollars. "

More on this topic

Contradictions in Costa Rica Over Mega Port Project

June 2014

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.

While President Luis Guillermo Solis is touring the United States looking for investors and providing legal certainty to foreign companies, inside the country space is still being given to obviously bias obstructionism on the part of port official unions. Now it is the sphere of the Legislature where a petition will be filed in an attempt to halt the project.

Costa Rican Ports Operating Again

June 2012

Police entered the ports of Moin and Limon, which had been paralyzed for two days because of a strike, reactivating the loading and unloading of goods.

On Tuesday 12 June, the Trade Unions of Japdeva began a strike at the ports of Limon and Moin, protesting against an award made by the Costa Rican government for the construction and operation of a dock for container ships to the Dutch firm APM Terminals.

Ports in Limon Lag Behind

June 2011

Despite the delays, modernization initiatives are emerging as potential positive signals for the Costa Rican ports.

The ports of Moin and Limon, two gateways of international trade into the country, are lagging behind compared to other ports in the region and Latin America.

Port Concession in Limon and Moin Complicates Even More

January 2011

The labor union of the Caribbean ports of Costa Rica re-elected directors which are radically opposed to concession the ports to private investors.

At the same time in which dredging has started in order to increase capacity of tankers docking at Moin -with an expansion of the oil terminal which will be tendered in March 2011 - the workers voted overwhelmingly to re-elect union leaders who oppose granting management of the ports to the private sector.

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