HomeArchiveGovernment May Take Control of Airport in 2005

Government May Take Control of Airport in 2005

THE Costa Rican government willassume control of Juan SantamarĂ­aInternational Airport starting Jan. 15,2005, if an agreement is not reached bythen between government officials andairport operator Alterra Partners, a governmentofficial said last week.Minister of Public Works andTransport Randall QuirĂ³s told the presshe hopes the two parties will come to asolution soon in a nearly two-year-olddispute regarding Alterra’s 20-year contractto operate and renovate the airport.The minister’s announcement comesafter Alterra’s recent loss in arbitrationcourt seeking $79.1 million for losses anddamages regarding the contract, whichwas signed in 2001 (TT, Nov. 19).The arbitration panel denied theindemnification, determining the disputewas not a matter of arbitration, but somethingto be decided in an administrativeappeals court.ALTERRA and government officialsannounced after the court’s decision theywould return to the negotiating table tosettle the dispute, which has halted renovationof the airport since March 2003.At that time, a report by theComptroller General raised questionsabout some of the airport user feescharged by Alterra, whose major partneris construction giant Bechtel (TT, March28, 2003).Alterra maintains it is able to use airportfees to collect $18.6 million indevelopment and financing expenses. Thecomptroller’s report puts that amount at$3.4 million.Because of the dispute, foreign banksthat have provided financing for the airport’smajor renovation suspended thelast $30 million of Alterra’s $120 millionloan (TT, June 27, 2003).Transparency International Costa Ricasent a letter to President Abel Pachecothis week expressing concern about thetransparency of negotiations regardingthe execution of the Alterra contract.The organization requested all negotiationsbe open to the public.

Trending Now

Costa Rica’s Trash Problem Begins in Our Own Neighborhoods

I was walking up the street toward my house when I saw a young man coming from the other direction casually toss a bit...

Carlos Alcaraz Stunned in Shanghai as Zverev Clinches Year-End No. 1

Carlos Alcaraz’s comeback run hit an unexpected setback Monday, when Belgium’s Zizou Bergs knocked him out of the Shanghai Masters, ending the Spaniard’s chances...

El Salvador’s New National Stadium Hits 75% as 50,000 Seats Arrive From China

El Salvador's new National Stadium is three-quarters built, President Nayib Bukele announced Thursday, and when it opens next year its 50,000 seats will make...

Some Liberia Hospital Patients Have Waited Nearly a Week in a Chair for a Bed

Patients at Guanacaste's main public hospital in Liberia say they have spent up to six days sleeping in emergency-room chairs while waiting for a bed.

First Tampa to Costa Rica Nonstop in 25 Years Is Now Flying Twice a Week

Tampa and Costa Rica are linked nonstop again for the first time in 25 years. Breeze's twice-weekly flights are now operating.

Panama Earthquake Aftershocks Could Shake Costa Rica for Weeks

Costa Rica could experience more tremors in the coming days and weeks as Panama continues to record aftershocks from yesterday's powerful magnitude 7.7 earthquake....

Costa Rica’s Capital Gets a Temporary Forest and Free Saturday Music

A temporary forest at the entrance to the Central Bank Museums will host a free music event Saturday, giving residents and visitors yet another...

Costa Rica’s First Artificial Beach Runs on Well Water as Guanacaste Dries Out

Costa Rica's first artificial beach draws on well water as Guanacaste heads into an El Niño dry season with forecasts of 80% less rain.

Snoop Dogg’s Costa Rica Promoter Says He Once Turned Down a Suitcase of Cash

Don Stockwell, the promoter of Snoop Dogg's now-canceled Costa Rica concert, told prosecutors he once rejected a suitcase full of cash and never suspected drug money.
Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Car Rentals
Costa Rica Travel Insurance
Costa Rica Travel