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Subject
Costa Rican infrastructure.
Significance
After nearly three years of construction, Costa Rica inaugurated a new 1-billion-dollar cargo port at Moin, in the Caribbean province of Limon, in late February. The government hopes to turn Costa Rica into a major regional shipping centre and to use the project as a launchpad for an infrastructure investment push.
Impacts
Further delays in the Route 32 extension risk damaging the reputation of the new port, leading to long-term under-use.
Employment from infrastructure investment should drive a continuing rebound in consumer confidence.
There may be a growing focus on urban public transport over the next 3-5 years, particularly if this attracts investor interest.
Keywords:
Costa Rica,
LA/C,
China,
Netherlands,
economy,
industry,
international relations,
politics,
foreign trade,
infrastructure,
policy,
shipping,
transport,
employment,
growth,
road,
construction,
foreign investment,
foreign policy,
investment,
private sector,
public sector,
tourism,
unions,
Infrastructure,
Transport & logistics
© Oxford Analytica 2020. All rights reserved. This content contains general information about geopolitical, macroeconomic and social developments or (where stated) other matters. It does not contain advice or recommendations that may be relied on. Where links to external websites are provided, this does not indicate that Oxford Analytica or Emerald agree with, endorse or have checked for accuracy the contents of said sites.
2019
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