• Costa Rica Coffee Guide

Lack of financing delays construction of Moín Port access road

November 28, 2015

In several years the Caribbean city of Limón will have one of the world’s most modern container ports, but there may be no road to get to it.

According to Spanish-language daily La Nación, the Public Works and Transport Ministry (MOPT) admitted it does not have financing to complete construction of route 257, the port’s access road. The government’s construction of the road was one of the conditions for the $1 billion port concession with Dutch shipping company APM Terminals.

“[Public Works and Transport Minister Carlos Segnini] has already approached APM about financing the road,” said Vice Minister Giselle Alfaro. “The conditions they offered weren’t favorable and he declined.”

Already 40 percent into the first stage of construction, the container port is expected to be completed no later than January 2018. If MOPT fails to complete the access road on time, the government could be forced to pay millions of dollars in indemnization. The road’s approximate value has not been released to the public due to concerns that the amount may influence bids from contractors.

The ministry hopes to have financing in place by January, but the delays have sparked concern within APM.

“If construction on route 257 does not start by May 2016, it will be very difficult to complete the project by the time the container terminal opens,” Kenneth Waught, manager of APM Terminals told La Nación.

You may be interested

Central America begins ban to protect lobster
Fishing
1701 views
Fishing
1701 views

Central America begins ban to protect lobster

AFP and The Tico Times - February 27, 2021

Countries of Central America and the Dominican Republic on Monday will begin a ban to protect the Caribbean spiny lobster…

Costa Rica authorizes AstraZeneca vaccine against Covid-19
Costa Rica
2482 views
Costa Rica
2482 views

Costa Rica authorizes AstraZeneca vaccine against Covid-19

The Tico Times - February 27, 2021

Costa Rican health authorities on Friday authorized the use of the AstraZeneca vaccine against Covid-19, based on the endorsement of…

Nearly 100 locations now offer antigen tests for travelers in Costa Rica
Costa Rica
3276 views
Costa Rica
3276 views

Nearly 100 locations now offer antigen tests for travelers in Costa Rica

Alejandro Zúñiga - February 26, 2021

Several countries, including the United States, require that returning travelers test negative for the coronavirus. More than 100 labs in…