Marina Construction Projects Decline

In Costa Rica there are just three marinas currently in operation and only six projects are still underway, while in 2007 there were 21 announced.

Monday, July 26, 2010

The reasons why 12 projects were cancelled are diverse but include the financial crisis, which dried up sources of credit, the general decline in tourism activity and investment, as well as the tedious and slow procedures for obtaining the permits required.

The latter does not appear to have a short term solution, according to Ana Cristina Camacho Sandoval in her article for Juan Carlos Ramos, president of the Costa Rican Chamber of Tourism says that, "at the beginning of June the Constitutional Court rejected a bill (no. 14836) to simplify procedures and create incentives for marinas and maritime piers. Magistrates found constitutional issues with one of the articles relating to local consultation... This third interruption affects Costa Rica's ability to compete in the marine tourism market."

More on this topic

El Salvador: Bureaucracy Continues to Hamper Construction

June 2014

The industry claims that the law streamlining procedures is not being implemented in all institutions involved in the permitting process.

The law which aims to reduce the time it takes to gain authorization for medium and long term real estate projects from 880 days to 175 days, is not being applied equally by state entities.

The Industry of El Salvador Declaims Bureaucracy

September 2011

Industrialists have complained to the government about the excessive paperwork and arbitrariness of some officials, which is impeding trade.

Businesses unionized under the Salvadoran Association of Industrialists (ASI) presented their complaints about delays in carrying out routine procedures and in obtaining permits.

Bureaucracy Threatens Tourism

June 2012

The Deputy Minister of Transport of El Salvador has delayed for up to eight months permits for tourist transport vehicles.

Tour Operators meeting in the Salvadoran Chamber of Tourism (CASATUR), denounced the delay in the delivery of operation permits by the Vice Ministry of Transportation (VMT) and harassment by the Transit Police.

Bureaucracy Limits Competitiveness in Costa Rica

November 2011

In the second forum on competitiveness organized by AmCham and Deloitte, the incidence of bureaucratic obstacles to the development of priority projects for the country was highlighted.

The main theme of the meeting was a discussion on "how to make the necessary changes to define priorities for the execution of public works projects that improve the country’s competitiveness with regards to the rest of the world ...

 close (x)

Receive more news about Business and Investment

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones

Profitable 70 Acre Coffee Farm for sale, with Ocean view, 8 waterfalls, close to Airport and Beaches

Relocate Now - Best Climate, Friendliest People, Stress Free Living
A profitable 70 acre coffee farm in Costa Rica. Three...

Stock Indexes

(Mar 5)
Dow Jones
S&P 500


(Mar 5)
Brent Crude Oil
Coffee "C"