International
Costa Rica to tender for $850 million Limón port project in 2023
Seetao 2023-02-21 11:49
  • Costa Rica pins growth hopes on tourism
  • With the continuous development and expansion of port construction and the continuous increase of cargo transportation volume, the environmental impact of port production and construction on coastal and land areas is gradually revealed
Reading this article requires
2 Minute

The Costa Rican government has announced plans to build a cruise terminal and marina in Limón on its Caribbean coast. The 27-hectare Hernán Garrón Salazar terminal is expected to cost US$854 million. It will include a passenger terminal, a hotel and a handicraft market.

The project aims to develop the country's tourism industry, which accounted for nearly 11 percent of its gross domestic product before the pandemic. The government intends to invite tenders for the scheme by the end of the year and hopes to attract funding from international investors.

Sucy Wing Ching, President of Atlantic Port Authority Japdeva, commented that we are safely moving forward to make this project a reality that will transform our Caribbean. An environmental impact assessment and feasibility study will be completed in August, she added.Editor/XingWentao


Comment

Related articles

International

Indonesia introduces Algerian crude oil for the first time

12-30

International

Uzbekistan's foreign trade volume exceeds 72.7 billion US dollars by 2025

12-29

International

Heirs Energy secures $750 million loan to boost Nigeria's oil production

12-29

International

UAE's Triple Move: Tech Expansion in Saudi, $550M UN Donation, and Global Investment Talks

12-28

International

ACWA Power completes refinancing of Rabigh 3 project

12-26

International

World First! Chinese technology successfully applied to Abu Dhabi underwater tunnel

12-25

Collect
Comment
Share

Retrieve password

Get verification code
Sure