Investing in Growth – Costa Rica Style

Written by Michael Simons on . Posted in Investing in Costa Rica

As the big economies of the United States and Europe see little or no growth and China is slowing, Costa Rica is still growing.  The International Development bank has placed $250 million to increase Costa Rica’s electricity production capacity immediately. 

Costa Rica’s electricity supplier ICE has committed to invest $9 Billion over the next 12 years to ensure the power grids are not only powered up for the expected growth but more importantly – the new electricity will be produced with renewable sources like Hydro, thermal and geothermal – keeping up with Costa Rica’s goal of becoming carbon neutral.

All great signs for growth in Costa rica no matter how you look at it.  For more details see the article below:

http://www.renewableenergyworld.com/rea/news/article/2012/07/idb-approves-250m-for-electricity-sector-in-costa-rica?cmpid=rss

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