• Costa Rica Coffee Guide

Lawmakers approve $55 million loan for Caribbean docks

March 13, 2013

Costa Rican lawmakers on Tuesday approved a loan to build a new pier in the Caribbean port of Moín.

The approval in a second round of debate will provide the Atlantic Port Authority (JAPDEVA) with $55 million to improve docks infrastructure in the province of Limón.

Allan Hidalgo, president of JAPDEVA, said the credit “will help to overcome the lag in dock operation in the country,” adding that [the loan] will be used to build a 300-meter dock onto existing facilities.

Social Christian Unity Party lawmaker Walter Céspedes Salazar said that in order to finalize the loan with a national or international bank, lawmakers should draft a new bill for the contract to be approved by the Legislative Assembly.

Current Limón ports do not meet appropriate requirements to allow the docking of new ships that require greater depth in berths.

The new port terminal mostly will be used for tourism, but also for maritime cargo, imports and exports, and as a marina for recreational boats, among other activities.

You may be interested

Where to eat an authentic Thanksgiving meal in Costa Rica
Holidays
1547 views
Holidays
1547 views

Where to eat an authentic Thanksgiving meal in Costa Rica

The Tico Times - November 26, 2020

While Costa Rica doesn’t officially recognize the Thanksgiving holiday, thousands of Ticos every year still partake in the U.S. tradition…

News briefs: Costa Rica news highlights to start your Thursday
Costa Rica
2152 views
Costa Rica
2152 views

News briefs: Costa Rica news highlights to start your Thursday

Alejandro Zúñiga - November 26, 2020

Happy Thursday from The Tico Times! Here's the news you should know as a new day starts in Costa Rica.…

Costa Rica’s equine plasma coronavirus treatment not as effective as initially hoped
Costa Rica
21086 views
Costa Rica
21086 views

Costa Rica’s equine plasma coronavirus treatment not as effective as initially hoped

Alejandro Zúñiga - November 25, 2020

Treating coronavirus patients with an antibody-rich serum made from horse plasma hasn't produced the desired results, Costa Rican authorities said.…