Because several construction projects were stopped due to the pandemic, residential remodeling work became an important source of income for hardware stores competing in the Costa Rican market.
The spread of covid-19 forced the Costa Rican authorities to impose restrictions on productive activities, one of which was construction, a sector that paralyzed several investments being made in 2020.
The National Insurance Institute of Costa Rica tenders consulting services and construction of the necessary works to install two lifts in the building of the institution.
The real estate fund owner of the old Yaohán building, in San José, plans to allocate $4 million to modernizing about 13 thousand square meters of the building.
Remodeling of all the facades, stairs and common areas, construction of a new restroom area and parking platform, conditioning of the adjacent building for parking, redesign of all the facades, vehicular access and adjustments to the Law 7.600 are some of the works that the managers of the Los Crestones Investment Fund intend to carry out in the building located in San José.
The Four Seasons hotel has announced that it will be closing for four months to remodel its facilities in Papagayo in Guanacaste, Costa Rica.
Elfinancierocr.com reports that "...The work will be comprehensive and will include a new look for all areas, including the rooms, lobby and entrance area, fitness center equipment, pool and beach furniture, and new restaurant concepts."
The KFC franchise has announced that it will invest $5 million this year in the opening of two new restaurants, three local self service branches and the remodeling of four existing ones.
The company plans to fully remodel the branches on Avenida 3 Calle 1 in San Jose as well as the Former Embassy, and the branches in the Ruins of Cartago, Tibás and Jacó.In addition, its representatives announced that they will be building two new branches, one in the Greater Metropolitan Area and one outside it.
Two new boarding gates and one thousand square meters of commercial areas are to be built with an investment of $20 million at the main airport in Costa Rica.
3000 meters of construction will be added to the fourth stage of the airport that consists of "... In two boarding gates with their respective connecting sleeves which will be located east of the main building." While the second part of the project involves the construction of 1,000 meters dedicated to commercial areas.
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.
The National Bank (Banco Nacional in Spanish) if putting out to tender the refurbishment and expansion of its Agency Building in San Pedro, Montes de Oca.
The remodeling and expansion included in the tender contract is to be carried out in the same building where the Agency currently operates the Banco Nacional de Costa Rica in San Pedro de Montes de Oca, opposite Kennedy Park in San Pedro, San Jose.
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