Tuesday, 1 December 2020

Investors Restless Over Water Availability

The Banano river will b nain source of water forL Limón. | Photo La Nacion archives
The Banano river will b nain source of water forL Limón. | Photo La Nacion archives

QCOSTARICA – Just when things looked bright for the poverty-stricken Limon province with the beginning of construction of the APM mega dock and container port terminal, investors in the area have a serious doubt, according the La Nacion: Is there enough potable water for everyone?

Investor Frank Hilton summed it up neatly to the newspaper: “Without water, there is no project.” As one of the associates gathered to invest US$135 million in Bordon Eco Villiage Resort in Talamanca, his nervousness is understandable. He summed up the worry of investors in those six words.

- Advertisement -

It also gives Jose Luis Souza sleepless nights as well. He plans to invest $15 million to construct a housing project, Parque Multipmodal Bufalo. If there’s water. Roberto Zuniga also has the same doubts for his two expanses of land that could serve as industrial sites, If they are serviced with reliable water.

Jorge Madrigal, Limon’s regional director of the AyA water and sewer service, said his agency is developing in the mid-term (five years) a project to take water from the Banana River. One big problem: the river also is the site of the Asuncion rock quarry that is scheduled to produce the tons of aggregate for building the huge APM dock.

Even at that, investors are unconvinced by AyA’s promises. “”They tell us they’ll solve the problem in five year,” sniffed Ruben Acon of the Chamber of Commerce, Industry and Tourism, “but that’s not certain.” Confidence in bureaucratic promises is almost as scarce as water might prove.

For being an important port city, Limon itself shows a curious lack of infrastructure generally and no place is it more obvious than in planning for growth that seems inevitable with construction of the giant container docks.

- Advertisement -

(Via iNews.co.cr)

- Advertisement -
Ricohttp://www.theqmedia.com
"Rico" is the crazy mind behind the Q media websites, a series of online magazines where everything is Q! In these times of new normal, stay at home. Stay safe. Stay healthy.

Related Articles

Playas del Coco, Costa Rica

QPHOTOS - Playas del Coco is one of the oldest beach...

Canada’s largest city going on Covid lockdown

QTRAVEL - Canada's Prime Minister, Justin Trudeau, on Friday warned so-called...

MOST READ

Son planned the murder of his mother to collect ¢1 million life insurance

QCOSTARICA - A 20-year-old man was arrested this Wednesday on suspicion of planning the murder of his mother to collect a life insurance policy...

Carlos Alvarado and Claudia Dobles working from home after having ‘indirect’ contact with a person with covid-19

QCOSTARICA - Costa Rica President, Carlos Alvarado, and his wife, Claudia Dobles, are working from after having had “indirect” contact with a person with...

Criminals Use Dating Website to Extort People

QCOSTARICA - Criminals discovered a new way to obtain money on the Internet. Through a website of sexual encounters, they establish contact with potential...

“We are already in a second waveof COVID-19 infections”

QCOSTARICA - The president of the Caja Costarricense de Seguro Social (CCSS) - Social Security-, Román Macaya, assured this Wednesday that the country is...

Vehicle restriction stops car theft

QCOSTARICA - The sanitary vehicular restrictions has put a damper on the operations of vehicle theft gangs (robaccaros in Spanish), resulting in a considerable...

chorotega Region promotes campaign to promote mental health and prevent suicidal behavior in times of COVID-19

QCOSTARICA - Product of the joint work of the Ministry of Health (through the Health Governing Area of ​​La Cruz), Universidad Estatal a Distancia...

Let's Keep This Going!

To be updated with all the latest news and information about Costa Rica and Latin America.

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.