Investments in port infrastructure, new free zones, condominium housing developments, and a new road promises more development in Limon Costa Rica.

One of the projects planned to start in 2013 is the new Moin Container Terminal, by APM Terminals, whose construction will require three years and a workforce of 1,000 workers.

Also, for 2013 is the expected start of construction of a “condominium building that was initially going to be 200 units, but due to the strong demand has been extended it to 292 units, explained Eduard Morgan, managing director of Calypso Developments, responsible for this development. ”

A free zone founded with Venezuelan capital will be erected – at a cost of about $9 million-in “an area of 50 hectares, in Buffalo. 35 hectares will be used for the industrial park and the rest for commercial use and a hotel.”

Projects to build an oil refinery, which would involve an investment of $1.4 billion, and the expansion to four lanes of the highway from Sarapiqui to Limon, are in different stages of progress.

Source: Nacion.com