Costa Rica Coffee Guide

Pacheco Touts 11.2% Tourism Growth

March 10, 2006

President Abel Pacheco last week pointed out that the tourism sector has grown at an average of 11.2% per year since he took office in 2002.

Income generated by tourism also increased in 2005 by 48% compared to 2002, and investment in activities  directly related to tourism grew 101%, Pacheco said on a national radio station Sunday.

The President pointed to a $100 million investment in the construction of seven marinas, which will allow the country to receive more than 1,600 boats used for tourism activities.

Pacheco also touted the first Tourism Investment Summit 2006, held last week to attract businesses from the United States, France and Mexico to invest in the construction of tourist infrastructure.

Tourism is one of the main economic activities in Costa Rica — in 2005 1.67 million tourists to the country generated more than $1.6 billion.

Pacheco took office in May 2002 and will be replaced this May by President-elect Oscar Arias (see separate story).

 

You may be interested

Costa Rica coronavirus updates for Wednesday, September 30
Costa Rica
5585 views
Costa Rica
5585 views

Costa Rica coronavirus updates for Wednesday, September 30

Alejandro Zúñiga - September 30, 2020

Costa Rica announced 24 new coronavirus-related deaths over the last day for a total of 904, according to official data…

Some 34 million jobs lost in Latin America due to pandemic
Business
3340 views
Business
3340 views

Some 34 million jobs lost in Latin America due to pandemic

Carlos MANDUJANO / AFP - September 30, 2020

The two aspirers for the presidency of Costa Rica, the evangelical preacher Fabricio Alvarado and the former minister Carlos Alvarado, reach the closing of the electoral campaign for April 1st with a technical draw, according to a poll disclosed this Friday.

CureVac launches second stage of vaccine clinical trials in Peru and Panama
News
21363 views
News
21363 views

CureVac launches second stage of vaccine clinical trials in Peru and Panama

AFP - September 30, 2020

The German pharmaceutical company CureVac announced that it has started Phase 2 clinical trials of its experimental vaccine against Covid-19,…