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Spanish Group Unveils Plans For
Mega Development in Puntarenas
In a joint announcement
yesterday at Casa Presidencial,
Costa Rican president, Oscar
Arias and the Ministro de
Turismo, Carlos Ricardo
Benavides, shared the limelight
with representatives of the
Grupo Nyesa, who recently
acquired 200 hectares in the
area between Caldera and Esparza
in Puntarenas.
The Spanish group plans to
develop the lands into a tourist
mega project with an investment
of some us$600 million dollars
that will include four hotels,
two of which are classed as
"super luxury", residences and a
commercial centre.
Benvavides said that the
government is committed to
working with the developer that
will bring some 5.000 permanent
jobs to the area.
The tourism minister added that
once completed, the project will
be a major source of new
employment for the area,
providing jobs in all areas,
including opportunities for
professionals in the Puntarenas
area.
The minister said that Grupo
Nyesa chose Costa Rica for its
first investment in Latin
America. The group has holdings
in the Caribbean, Europe and the
United States.
Accompanying the tourism
minister in
The project will take between
three and four years to
complete.
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