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Limón marina and cruise terminal: President Laura Fernández signs agreements to seek $900 million in financing Image: Foto: imagen digital suministrada por Japdeva.

Limón marina and cruise terminal: President Laura Fernández signs agreements to seek $900 million in financing

From La Nación · () Spanish

Translated from Spanish and summarized by DistantNews. Read the original for the full story.

At a glance

News Official statement New plan
  • Costa Rican President Laura Fernández signed memorandums with the International Finance Corporation and the Central American Bank for Economic Integration to seek financing for projects in Limón.
  • The proposed marina would accommodate 120 vessels, while the cruise terminal would allow two ships to anchor simultaneously.
  • The project estimates that up to 10,000 tourists could arrive each day.

President Laura Fernández has signed two memorandums of understanding aimed at finding $900 million in financing for a marina and cruise terminal in Limón.

One agreement involves the World Bank’s International Finance Corporation, while the other is with the Central American Bank for Economic Integration. The government says the marina would have space for 120 vessels.

The planned cruise terminal would allow two ships to anchor at the same time. Officials also forecast the arrival of 10,000 tourists per day under the proposal.

About this summary

Originally published by La Nación in Spanish. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.