Deficit in Costa Rican Ports

Tariffs in force since 2003 and salaries that absorb 80% of the budget have led to losses during 2010.

Monday, August 30, 2010

As of July 2010, losses had already reached $4 million.

Allan Hidalgo, president of Costa Rica's Atlantic Port Development Management Board (JAPDEVA in Spanish), believes that the problem lies in the way prices are calculated.

"In addition, these tariffs have not changed since 2003 with JAPDEVA and successive governments awaiting the pier concessions in order to increase revenue," reports Nacion.com.

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