Monday 19 April 2021
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Tag: expansion

Globalvia estimates expanding ruta 27 will cost US$646 million

QCOSTARICA - The expansion of Ruta 27, the San Jose - Puerto Caldera road, will cost about US$646 million dollars, according to the estimates by Globalvia, the concessionaire. This is indicated by the proposal and the costs to specify that plan, received last week by...

General Cañas will go from 6 to 3 lanes at the Firestone

QCOSTARICA - Travel on the Autopista General Cañas or Ruta 1, in the area of the Firestone plant, will be a nightmare starting next week when the main artery between San Jose and Alajuela is reduced from six lanes to three. And one of them...

Multinational MicroVention will hire 2,000 for expansion in Costa Rica

QCOSTARICA - The American-Japanese company MicroVention Terumo medical device company announced Monday, December 7, that it will hire 2,000 new employees to meet its expansion plans in Costa Rica. The expansion includes the construction of a new 20,000-square-meter (215,000 square foot) plant in El Coyol,...

Auto Mercado Rethinks Its Expansion Strategy In Light of the Country’s Slow Economic Growth

The planners at Auto Mercado drew up an expansion map for operations in Costa Rica that included the opening of at least six stores per year, from 2016 to 2024. However, what is planned does not always occur. "Sales have been low in everything that...

Britt To Invest US$4M in New Building For Its Morpho Travel Retail

Grupo Britt has announced it will invest US$4 million dollars for the construction of an office building for one of its new companies Morpho Travel Retail. The new building will be in Mercedes Norte de Heredia, where the company currently headquarters the Café & Chocolates...

TGI Friday’s Relaunches in Costa Rica With New Owners and Expansion Plans

Q BUSINESS - In a transaction whose amount was not disclosed, Costa Rica Grupo Inmobiliaria Genesis sold its international franchise for the restaurant chain TGI Friday's. The company that owns the franchise now is La 305 S.A., which has already started a process of remodeling...

CHEC Company Says It Can’t Build At A Loss

QCOSTARICA - Representatives of the Chinese construction company, CHEC, awarded the contract to expand the Ruta 32 (San José - Limon) road, says the work comes out at a higher cost than initially agreed with the government. "We want this road to be good for...


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