Opportunity for Private Electricity Companies in Costa Rica

The president-elect has announced that if it is necessary he will change the restrictive approach on electricity generation by private companies promoted by the Citizens Action Party.

Tuesday, April 8, 2014

So far the party of the newly elected president has postulated restricting power generation by private companies to a maximum of 15% of the total generated nationwide. Luis Guillermo Solís himself had declared he was "pro-ICE" in relation to the Instituto Costarricense de Electricidad, the state company that dominates a quasi monopoly level of production of electricity.

An article in Nacion.com reports that "... Although the president-elect is critical of plans to increase private participation in power generation, the current situation is forcing him to seek out and to listen to alternative options."

More on this topic

Guatemala: Private Road to be Ready by 2020

September 2019

It is expected that the section of the Via Alterna del Sur that will connect the municipality of Villa Canales with Zone 21 of the Guatemalan capital will begin operating at the end of next year.

The new section being built on the Via Alterna del Sur (VAS) will be about 7 kilometers long and will connect the municipality of Villa Canales with the Atanasio Tzul roadway in Guatemala City.

There are Less Entrepreneurs in Costa Rica

May 2015

While the ambition of being a state employee grows, in the last two years the number of start up enterprises or early-stage companies fell by 35%.

The decrease was observed in all types of enterprises, both those in initial stages, when wages had been paid for less than three months, as well as those in the gestation phase, in which companies have paid salaries to employees for more than three months.

El Salvador: Competitiveness Initiative

October 2014

Representatives from the Competitiveness Initiative have submitted diagnoses and proposed solutions in education and business, infrastructure, procedures and access to markets and investments.

From a statement issued by the Competitiveness Initiative:

There is widespread concern about the observed low growth in the economy, which is manifested in a limited number of formal jobs, and a weak use of global opportunities.

Costa Rica: Center-Left Candidate Moderates Speech

February 2014

In a speech given to business leaders the presidential candidate Luis Guillermo Solis delivered a message of reassurance about economic development policies.

The presidential candidate for the Citizen Action Party met with a union of private companies in Costa Rica in order to send a message of peace and openness, should he obtain the votes needed in the April 6th election to assume the presidency.

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