Thursday 24 June 2021

Medellin’s Public Utility Interested In Costa Rica Investment

The Empresa de Servicios de Medellín (EPM) has joined the list of Colombian businesses interested in investments in Costa Rica.

Costa Rica’s vice-president, Helio Fallas, confirmed yesterday that representatives of EPM met Tuesday with President Luis Guillermo Solís on possible investments in power generating projects in the country.

[su_pullquote class=”H2″]A Unique Public-Private Partnership

Since its creation in the 1950s, Empresas Publicas de Medellín has transferred roughly 30% of its annual profits to the municipality of Medellín for social investment projects.  Forbes.com
- Advertisement -

[/su_pullquote]”Basically, they wanted to talk to the President for the purpose of making investments in public companies in the country,” Fallas said.

Established in 1910,  is an industrial and commercial state owned enterprise by the city Medellin and provides electricity, drinking water, sanitation and gas network to the municipalities where it operates.

Major Colombian businesses already operating in Costa Rica include BAC/Credomatic, Davivienda, GEF, Arturo Calle and Mega Super. The Asociación de Empresarios Colombianos en Costa Rica (Association of Colombian Businesses in Costa Rica) says it has now 70 member businesses, more than double that of six years ago.

Source: La Nacion

- Advertisement -

- Advertisement -

FACT CHECK:
We strive for accuracy in its reports. But if you see something that doesn’t look right, send us an email. The Q reviews and updates its content regularly to ensure it’s accuracy.

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

Today’s Vehicle Restriction June 24: plates ending in 7 & 8 CANNOT circulate

Today, Thursday, June 24, plates ending in 7 & 8 CANNOT...

Today’s Covid News: Average daily deaths from Covid-19 begins to decline

QCOSTARICA - The week of June 13 to 19 registered a...

MOST READ

The United States will distribute 55 million vaccines against Covid-19 in Latin America, Africa and Asia

QCOSTARICA - The United States presented on Monday a plan to share 55 million doses of coronavirus vaccines worldwide, with approximately 75% of the...

Today’s Vehicle Restriction June 21: plates ending in 1 & 2 CANNOT circulate

Today, Monday, June 21, we are back to the two plates that cannot circulate, in today's case plates ending in 1 & 2 CANNOT...

New trends in coffee consumption challenge sector

QCOSTARICA - Changes in consumption habits in terms of times, types of preparation and specialties challenge the coffee sector. Most of the consumers in Costa...

Today’s Vehicle Restriction June 24: plates ending in 7 & 8 CANNOT circulate

Today, Thursday, June 24, plates ending in 7 & 8 CANNOT circulate. The measure is countrywide and applied between 5:00 am and 9:00 pm, save...

Internet speed decreases during peaks in service

QCOSTARICA - Ever wonder why your surfing on the Internet slows down, to even a crawl, mainly in the evenings? This is due to...

Week immersed in passage of tropical wave, June Solstice and Veranillo

QCOSTARICA - Today, Monday, June 21, is the day of the year when the sun stays the longest on the horizon, therefore it is...

Today’s Covid News: Average daily deaths from Covid-19 begins to decline

QCOSTARICA - The week of June 13 to 19 registered a decrease in the average number of deaths due to Covid-19, when 20 daily...

American woman found lifeless in hotel bathroom in Sabana

QCOSTARICA - A sad discovery occurred this Thursday morning in a hotel located in La Sabana, in San José, the lifeless body of a...

Flight paralysis from Canada hits Costa Rica’s tourism

QCOSTARICA - The paralysis of flights from Canada last January hit Costa Rica's tourism sector, as Canada was the second source market for tourists...

WANT TO STAY UP TO DATE WITH THE LATEST!

Get our daily newsletter with the latest posts directly in your mailbox. Click on the subscribe and fill out the form. It's that simple!

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.