Financing of $70 million is needed, of which the state will put up $40 million and Japdeva administrators the remaining $30 million.
With that amount, the docks of Limon and Moin would eventually be modernized and become competitive.
An article in Nacion.com reports that the rates charged on those ports will have to rise, quoting Carlos Ricardo Benavides, Minister of the Presidency who said: "Of course this will involve an adjustment in rates so that debt can be properly paid".
More on this topic
The Workers Union comprising of Japdeva, Portuarios and Afines has gone on strike because of opposition to the construction of a private container terminal.
Staff members of the Union of Japdeva Port Associations (Sintrajap) are protesting against the concession to the Dutch firm APM Terminals to build a container terminal in Moin, an investment project costing $22 million approved by the Controller General of the Republic.
Police entered the ports of Moin and Limon, which had been paralyzed for two days because of a strike, reactivating the loading and unloading of goods.
On Tuesday 12 June, the Trade Unions of Japdeva began a strike at the ports of Limon and Moin, protesting against an award made by the Costa Rican government for the construction and operation of a dock for container ships to the Dutch firm APM Terminals.
Despite a strike by Japdeva's dockworkers, private longshoreman from shipping companies are taking care of port operations.
The story is quite different at Port Limón, however, as all operations remain paralyzed.
Nacion.com reports: "... Japdeva authorities and union representatives are expected to meet today to find a solution to the strike, which has caused losses for $7.3 million and damaged tourism, as a cruise ship could not dock".
Union members went on strike indefinitely in the port terminals of Moin and Limon, through which pass 80% of international trade by the country and the region.
Business leaders from various productive sectors reported losses caused by the strike, while managers of port administration are looking for alternative labour in order to restart the loading and unloading.