United Arab Emirates mission evaluates investment options in Costa Rica
Officials from various Costa Rican agencies presented a series of investment projects to members of an official mission from the United Arab Emirates (UAE).
Local officials presented projects that focus primarily on public infrastructure and public services. Among these are the construction of a new highway between San José and the Alajuela canton of San Ramón, a plan to build a new high-speed electric train, and a water supply program for the province of Guanacaste.
Foreign Minister Manuel González said that Costa Rica hopes the United Arab Emirates “becomes our main strategic partner in the Middle East.” He also said that he expects the country can become a strategic partner for the UAE in the region.
In addition to meetings in San José this week, the UAE mission will travel to Guanacaste along with officials from the Costa Rica Tourism Board to learn about investment options in tourism projects in the northern Pacific province.
Mission leader Adel Abdulla Al-Hosani thanked Tico officials for the warm welcome and recalled that the visit comes as a result of the meeting between President Luis Guillermo Solís and Crown Prince of Abu Dhabi Mohammed bin Zayed Al-Nahyan in January.
“Certainly, this visit marks the beginning of a new cooperative relationship between the Abu Dhabi Fund and the Government of Costa Rica, which I’m sure will continue to grow in the years to come, and will build a strong bilateral relationship,” he said.
The Abu Dhabi Development Fund currently has cooperation agreements with 83 developing countries. Its main goal is to help developing countries achieve sustainable socioeconomic growth through financial assistance from the UAE government.
You may be interested
Surge in young migrant border arrivals poses challenge for United StatesLaura BONILLA / AFP - March 6, 2021
Thousands of minors without papers are arriving at the US border with Mexico, presenting President Joe Biden with a potentially…
Six arrested in Costa Rica with 1.1 metric tons of cocaineAFP and The Tico Times - March 6, 2021
Costa Rican authorities seized 1.1 metric tons of cocaine and detained six men — four Colombians and two Costa Ricans…
One year after first case, Costa Rica to broadcast Covid memorialThe Tico Times - March 5, 2021
Costa Rica confirmed its first coronavirus case on March 6, 2020. By the end of the month, the country had…