Back

Weekly Report - 04 July 2013 (WR-13-26)

COSTA RICA: More negative energy for Chinchilla

Less than a month after China’s President Xi Jinping visited San José [WR-13-22], Costa Rica’s comptroller general’s office has halted a key project due to be undertaken by both countries - the US$1.5bn modernisation of Costa Rica’s only oil refinery, at the Caribbean port of Moín. The suspension of Costa Rica’s biggest infrastructure project, which was due to be carried out by the state oil company, Refinadora Costarricense de Petróleo (Recope), and China’s National Petroleum Corporation (CNPC) comes amid doubts over the future of other major infrastructure projects. This once again leaves the public works ministry open to accusations of incompetence, fuelling what has become a common complaint of the current administration of President Laura Chinchilla.

End of preview - This article contains approximately 687 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

LatinNews
Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
Contact
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.