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Friday, January 29th, 2016  |  USD: Buy 531.29 / Sell 543.92
20 years

Government hopes to accelerate Chinese Economic Zones, declared of “public interest”

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September 17th, 2014 (InsideCostaRica.com) The Ministry of Foreign Trade (Comex) hopes to accelerate the development of special free trade zones for Chinese companies, known as Special Economic Zones (EEZs).

 

Foreign Trade Minister, Alexander Mora, said he hopes to be able to announce the names of companies who plan to call the EEZs home during the first half of 2015.

 

“We expect companies ranging from manufacturers of solar panels to electric vehicles,” Mora told the daily La Nacion.

 

Mora met with officials from the China Development Bank, which developed the initial conceptual designs for the EEZs, last week.

 

The plan calls for a central trade park in Puntarenas, with satellite facilities in Limon, Turrialba, San Carlos and Liberia.  Future expansion could also take place in the south of the country.

 

Mora said that feasibility studies would be completed in a few months.

 

The government has declared the projects of public interest in hopes of speeding along the projects’ development.

 

 

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  • disgusted

    So what’s here for China companies?? Do they get a pass on the complex labor laws, CAJA, Taxes and reduced commercial Electricity? Why only free trade zones targeted only for China? How about those of us here doing business now? I just foresee more containers full of junk being sold here in Chinese stores. Where am I wrong? Public interest is code for diputados and consultant fee’s……..zzzzz!

  • Yeims

    I don¡t buy any of the junk made in China, and notice that there are more and more people doing the same; it simply isn’t worth the money or the bother. SOooo, good luck with increasing trade with China.

    • disgusted

      5 years ago I wanted to tile my floors. Over in Pavas I saw the selection.. They had some I was going to buy until I saw made in china like 1 mil less per sq m. I said no way and searched found some really nice tile from Spain. It seems everything had a made in China however, I avoid as much as possible. I do not trust their quality and how they are ruining the world at large.

  • prdatki

    If the Government of CR thinks the China wants to help then they are dumber than the last President. I do not buy Chinese products what they make and sell is junk.

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