Authorities announced works to reinforce the structure of the Social Security Department building and the modernization of its mechanical and electrical systems.
The Disability, Old Age and Death regime ('Invalidez, Vejez y Muerte' or IVM in Spanish) will be the entity financing the refurbishment of the Laureano Echandi building, which houses the current headquarters of the Social Security Department (CCSS by its initials in Spanish).
Fast food chains have announced investments of $13 million in the opening of nine chicken restaurants and improvements in other infrastructure.
In order to meet the growing the demand for chicken meals, the chains KFC, Rostipollos, Popeyes Louisiana Kitchen and As will make investments in 2013 which together total $12.7 million.
The IDB has loaned Costa Rica $80 million to finance the construction, equipping, and improvement of the border crossings of Peñas Blancas, Paso Canoas, Sixaola and Las Tablillas.
According to a statement from the Foreign Trade Ministry (COMEX), the news was announced by the Minister of Foreign Trade, Anabel Gonzalez, on the morning of 9th January at a public event involving exporters, carriers and representatives of the institutions involved in this initiative.
The first stage of the plan submitted by the Costa Rican Ministry of Foreign Trade will cost $4 million.
Some of the tasks envisaged for the modernization of the Peñas Blancas border include extending service hours, increasing the amount of traffic officers and expanding the highway to four lanes.
This is one of Costa Rica’s most important commercial borders.
The action plan is designed to address the state of emergency that has been declared on the border between Costa Rica and Panama.
A press release from the Costa Rican Ministry of Foreign Trade states:
“The five month action plan will involve increasing the number of traffic officers, implementing an electronic collection system for fumigation charges, extending opening hours until midnight, contracting a design for the primary zone, implementing a system of international transit of goods, widening the highway to four lanes, and starting the remodeling of the immigration building. ‘Technological tools exist today that allow us to complete formalities in advance. To promote use of these, and to make the Peñas Blancas border crossing a place to pass through and not to do paperwork, we will establish before the primary zone a checkpoint that will to give priority to exporters who arrive with their paperwork already processed’, said Vice Minister, Fernando Ocampo.
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