Logistics Center: $150 Million Investment Plan

In a 30-hectare lot located five kilometers from the Container Terminal in Moin, Costa Rica, construction will begin in the first half of 2021, a logistics complex that will focus on the management of local or imported cargo.

Thursday, September 3, 2020

The project, called "Plataforma Logística Caribe" (PLACA), will be placed near Route 32, the road section from Limón to San José.

Industrial warehouses, storage facilities, corporate center for offices and events, executive apartment hotel, heliport, food court and parking lots will be the amenities offered by the new logistics complex, which will be financed by Costa Rican partners and Grupo Estrada & Areas is the developing firm.

Check out CentralAmericaData's "Feasibility Studies of Real Estate Projects"

Alejandro Chacon, commercial director of PLACA, told Nacion.com that the "... project was born out of the need to provide exporters and importers with a logistics center in the operation circle of the APM Terminals port."

Chacon specified that "... of the total land area of 30 hectares, the infrastructure works correspond to 70%, that is, 21 hectares, and the accesses are Multimodal, by route 32 at 700 meters and with connections to the port, airport and future train."

The total investment will be $150 million, the opening will be in phases, with the first infrastructure works at the end of 2021 and the construction of warehouses and free zones according to the time requested by each client.

Reports from CentralAmericaData state that during 2019 56 environmental impact studies were presented in Central American countries for the construction of industrial plants, and Costa Rica concentrated 58% of the estimated investment.

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More on this topic

Free Trade Zones: Green Light for New Investments

February 2021

The Panamanian government issued a favorable concept for the establishment and operation of five free trade zones in the country, which together project an investment of $22 million.

The free trade zones, which will develop diverse economic activities such as agribusiness, scientific research centers, storage of goods, international trade, fruit processing and agricultural production, among others, will be located in the provinces of Panama, Chiriqui and Herrera, informed the Presidency of Panama.

Logistics Center: $13 Million in Investment Expected

May 2020

The Walmart supermarket chain plans to expand and remodel its distribution center located in the municipality of Villa Nueva, department of Guatemala.

According to the interactive platform "Construction in Central America" of the Trade Intelligence Unit of CentralAmericaData, Operadora de Tiendas S.A., submitted to the Ministry of Environment the Environmental Impact Assessment (EIA) to develop the project called, "Distribution Center of Guatemala."

New Corporate Center in Costa Rica

March 2019

The first of the five buildings that will form part of the La Lima Corporate Center was launched in Cartago, which will require a global investment of close to $98 million.

The project in charge of the real estate company Garnier & Garnier, is a complex of offices that is constructed in a plot of eight hectares in the industrial park La Lima, and contemplates the construction of up to five buildings of four floors each one, informed the Costa Rican Coalition of Initiatives of Development (Cinde).

Costa Rica: Industrial Park in San Carlos

April 2016

A group of local businessmen have announced the start of construction of the first stage of an industrial park in 18 hectares of land in San Carlos, Alajuela.

They indicate that Parque Muelle will offer the possibility of operating under the free zone regime and they are aiming to attract companies from the sectors of agribusiness, technology and logistics, explained Victor Perera, founding partner of the project to Nacion.com.

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