Costa Rica: Development of Free Zone delayed until 2010

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

Monday, September 1, 2008

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.

Once Cubujuqui is completed, the processing of paperwork for the free zone will begin. "We will start building (the hydroelectric plant) in January so that it will be ready in December 2010," commented Geovanny Villalobos, president of the Board of Directors of Coopelesca.

More on this topic

Costa Rica Inaugurates Cubujuquí Hydroelectric Plant

March 2013

Built with an investment of $65 million, the hydroelectric plant will supply 20% of demand in the north of the country, generating a total of 22.4 MW.

The Government of Costa Rica, inaugurated last Saturday the Hydroelectric Plant Cubujuquí in Horquetas de Sarapiqui, whose reservoir with a capacity of 320,000 cubic meters, represents an investment of $65 million for the Rural Electrification Cooperative of San Carlos (Coopelesca).

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.

No Industrial park in Northern Costa Rica

February 2011

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

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.

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