April 24, 2019

Enlargement of route 27 - Good news for Guanacaste and Puntarenas

Negotiations resume for enlargement of route 27

Talks about the extension of the route 27, that leads from San José to Caldera, have resumed!
The 77-kilometer highway is operated by Globalvia since its opening, and according to forecasts by the authorities, if the project is to be executed,
the works would begin in 2021 have a duration of five years distributed in different phases.

April 24, 2018

New wholesale food market

The Programa Integral de Mercadeo Agropecuario (Agricultural Marketing Program of Costa Rica) presented the EIA to build the facilities of a wholesale food market in Puerto Cortéz, Puntarenas.

The project is called "Brunca Regional Market" and an investment of $47 million is estimated.

April 18, 2018

Free Zones

Incentives for free zones in Alajuela
The Asamblea Legislativa modified the law to align the incentives received by the free zones that are installed in Grecia, Valverde Vega, Naranjo, Palmares and San Ramón, with those outside the Greater Metropolitan Area.

The legislator pointed out that Costa Rica is a highly centralized country in the GAM. This is why the proposed reform respects and coincides with the spirit of promoting development in peripheral areas.

The new law extends the exemption from taxes of companies located in the free zones of the West. The 100% exemption will go from 8 to 12 years. The subsequent exemption period of 50% is extended from 4 to 6 years.

February 22, 2018

$31 million for National Theater restoration

In order to support the project "Integral Program of Security and Conservation of the Historical National Theater of Costa Rica", the Central American Bank of Economic Integration (CABEI) will grant the government of Costa Rica a financing of US $ 31,330,000.00 million.

December 12, 2017

Tourism invest in Bahía Ballena

Apparently, the company Un Paseo Al Mar LLC LTDA plans to build a tourist complex in Bahía Ballena, province of Puntarenas that will include a hotel, town houses and apartment towers.

In October they presented the Environmental Impact Study (EIA) at SETENA to get the approval done.

The development is divided into 3 stages.

December 05, 2017

$500 million to build roads

The National Insurance Institute (INS) would be willing to invest up to $ 500 million in road construction projects that already have the pre-design and studies ready.

The offer applies only for projects called "mature", that is, they already have all the approved permits and pre-designs. The problem with this requirement, according to the executive director Mr.Vargas of the Federated College of Engineers and Architects (CFIA), is that the planning problems faced by CONAVI and the Ministry of Public Works make it impossible to meet this requirement. "Unfortunately it is not the way in which the Ministry of Public Works and Transport (MOPT) and CONAVI have been working" he commented.

December 02, 2017

Regional Fruit Market under construction

This is an investment of $ 53 million for a wholesale fruit market located in Sardinal de Carrillo (Guanacaste).
Work started six weeks ago starting in three work fronts: upper warehouse for refrigeration facilities, lower warehouse, administrative building and annex buildings.
This market will allow Guanacaste to have supplies, distribution and commercialization of fruits, vegetables, meat, fish and seafood.