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.
Industrialists have complained to the government about the excessive paperwork and arbitrariness of some officials, which is impeding trade.
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 Deputy Minister of Transport of El Salvador has delayed for up to eight months permits for tourist transport vehicles.
The Costa Rican environmental authority has only 5 technicians to analyze the feasibility of billions of dollars worth of infrastructure projects.
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