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Costa Rica to issue tenders for $850m port this year

Costa Rica is pinning its hopes of economic growth on its tourist industry

Posted on February 22, 2023

The government of Costa Rica has announced plans to build a cruise terminal and marina in Limón on its Caribbean coast, the Tico Times reports.

The 27ha Hernán Garrón Salazar Terminal is expected to cost $854m. It will include a passenger terminal, hotels, and a handicraft market.

This project is intended to develop the country’s tourism industry, which before the pandemic accounted for almost 11% of its GDP.

The government intends to launch a tender for the scheme before the end of the year, and is hoping to attract funding from international investors.

Sucy Wing Ching, the president of Atlantic port authority Japdeva, commented: “We are moving forward safely to make this project a reality, which will transform our Caribbean.”

She added that the environmental impact assessment and the feasibility study would be completed by August.

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