No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveBillion-dollar Moín port deal hits snag

Billion-dollar Moín port deal hits snag

Plans to build a $1 billion shipping terminal at the Caribbean port of Moín may have hit a snag.

A legislative commission examining the details of the deal, which was signed in August with the Dutch company APM Terminals and which represents the single largest concession contract ever signed in Costa Rica, issued a report Thursday recommending that Comptroller General of the Republic, Rocío Aguilar, not approve the deal, the daily La Nación reported.

Plans for the port include 13 cranes and a six-slip shipping dock large enough to accommodate Post-Panamax ships, which are capable of carrying about 5,000 to 12,000 shipping containers. In August, President Laura Chinchilla said the project would generate approximately 10,000 direct and indirect jobs, most of which, according to APM Terminals representatives, would be hired locally.

If approved, construction for the port is slated to begin by 2013 and be completed by 2016.

The reasons given by the commission for delaying approval of the project are two administrative complaints filed against the concession by the National Banana Workers Chamber and the Atlantic Port Authority’s union, which are still pending resolution.

To move ahead on the project with the complaints still pending could lead to lawsuits or nullification actions resulting in claims of millions of dollars against the state, according to the commission.

Members of the National Liberation Party (PLN) issued a report of their own on Wednesday urging approval of the port plan.

The concession, said Fabio Molina Rojas, a PLN legislator, will “strengthen the country’s development not only because we will operate more efficiently, but also because we will generate many jobs.”

The Comptroller General has until Oct. 21 to approve or reject the plan.

Trending Now

The Whale and Dolphin Festival at Costa Rica’s Marino Ballena Park

Marino Ballena National Park gears up for the height of humpback whale watching, drawing visitors to see these massive creatures in action. The park...

Climate Change Could Push Young Latin Americans into Poverty

Climate change will push six million Latin Americans and Caribbeans under the age of 25 into poverty by 2030, according to a report released...

El Salvador Fires School Leaders After Bukele Shares Gang Video

The Minister of Education ordered the dismissal of the director and deputy director of a public institute shown in a video shared by President...

Guatemala Frees Hostages After Prison Gang Riots

Guatemalan authorities freed hostages on Monday who were being held by gang members in two prisons, including a juvenile facility, in riots attributed to...

JetBlue Ramps Up Boston Flights to Guanacaste, Costa Rica

Guanacaste Airport, part of the VINCI Airports group, and the Costa Rican Tourism Institute (ICT) have shared news of more JetBlue flights coming from...

Outrage in Costa Rica After Man Suspected of Killing 14 Dogs Is Released

A man identified by the surnames Ulloa Bustos, suspected of killing at least 14 dogs in the rural town of Pocora, was released after...
Avatar
spot_img
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Rocking Chait
Costa Rica Travel

Latest News from Costa Rica