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Tuesday 02 December 2008, San José, Costa Rica 

Dollar Exchange Stabilizes
Lim
ón Port Major Bottleneck To The Country’s Growth
Singapore, Costa Rica To Start Talks On Free Trade Agreement
Desert Sun Editor Shares Own Tale of Airplane Woes
Colombian DMG With Possible Ties To Costa Rica
Aguinaldo Hits The Streets!

 
Lim
ón Port Major Bottleneck To The Country’s Growth
Work to expand and upgrade ports in Central America is coming in fits and starts as port authorities and national governments grapple with governance and social issues.

“All of the Central American ports have some expansion in mind, some more than others,” said Mike Hopkins, vice president of operations in the U.S. for Crowley Maritime Corp., a shipping line active in the U.S. trades with Central America and the Caribbean.

No longer are Central America’s ports merely “dry canal connection points for big ships coming from Asia and Europe,” Hopkins said. “The growth rate of all of the Central America countries is sufficient in itself to warrant port and infrastructure expansions.”

Export and tourism interests want the Costa Rican government to make up its mind on how to increase capacities at the country’s Caribbean ports. Ship-loading delays have been costly to fruit growers. The government plans next month to begin the process of awarding a management concession to a private operator, and officials, opposition politicians and unions are locking horns over underlying social and political as well as technical issues.

The World Bank in January agreed to lend Costa Rica us$72.5 million for port modernization at Limón and Moin and for urban revitalization in Limon.

But Hopkins said that “perceived impact and resistance by Costa Rican port labour from the inclusion of Costa Rica in existing trade agreements still must be resolved before major investment.”

“Limón is one of the country’s most decayed cities and suffers from high unemployment and crime rates,” the World Bank said in announcing the loan. “The Port of Limón, the busiest port in Central America after Panama, is critical to the competitiveness of Costa Rica’s trade, but has become a major bottleneck to the country’s growth due to lack of reform and inefficiency. The congestion in the port affects the city as heavy freight traffic has to pass through the city centre to get to the Limón terminal.”
 
 

 

 

 
 

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