Economy of Costa Rica - Infrastructure

Infrastructure

Costa Rica's infrastructure has suffered from a lack of maintenance and new investment. The country has an extensive road system of more than 30,000 kilometers, although much of it is in disrepair. Most parts of the country are accessible by road. The main highland cities in the country's Central Valley are connected by paved all-weather roads with the Atlantic and Pacific coasts and by the Pan American Highway with Nicaragua and Panama, the neighboring countries to the North and the South. Costa Rica's ports are struggling to keep pace with growing trade. They have insufficient capacity, and their equipment is in poor condition. The railroad didn't function for several years, until recent government effort to reactivate it for city transportation.

The government hopes to bring foreign investment, technology, and management into the telecommunications and electrical power sectors, which are monopolies of the state. However, political opposition to opening these sectors to private participation has stalled the government's efforts.

Costa Rica has a reputation as one of the most stable, prosperous, and among the least corrupt in Latin America. However, in fall 2004, three former Costa Rican presidents (Jose Maria Figueres, Miguel Angel Rodríguez, and Rafael Angel Calderon) were investigated on corruption charges related to the issuance of government contracts. After extensive legal proceedings Calderon and Rodriguez have been sentenced; however, the inquiry on Figueres has since been dismissed by the competent judicial party and no charges were ever raised against him.

Read more about this topic:  Economy Of Costa Rica