Maritime and Port Law Proposed in Costa Rica
A bill is promoting the transfer of powers of the National Council of Port Concessions, to a Maritime Port Council.
Monday, August 20, 2012
The project, presented by Victor Granados, entitled, "Ports and Maritime Law", proposes the establishment of a Maritime Port Council, which would have as its responsibilities planning issues and sea-port policies in the country. The Maritime Port Council would become the new port authority under the command of the Ministry of Public Works and Transport (MPWT).
The technical proposal by APM Terminals was accepted, while the financial terms, $246 per container, must still be approved.
The cartel was published today in the Gazette, the official newspaper of Costa Rica, starting the concession process of the Limón Port.
In the national assembly of Costa Rica a Commission of Inquiry is calling for a freeze on the current processes for public works concession contracts and the cancelation of the contract with Autopistas del Sol.
Legal security of certain investments may be in doubt if arguments put forward by the Legislature regarding decision-making powers of award of state property thrive.
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