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Active Mixed AidData Chinese Aid

Construction of Special Economic Zone


Funder China Development Bank (CDB)
Recipient Organization Costa Rica
Country Costa Rica
Start Date Jan 01, 2013
End Date Mar 07, 2032
Duration 7,005 days
Number of Grantees 1
Roles Recipient
Data Source AidData Chinese Aid
Grant ID 37386
Grant Description

During Chinese president Xi Jinping's visit to Costa Rica in June 2013, China pledged to support Costa Rica in the construction of a Special Economic Zone (SEZ/EEZ) as an export platform for Chinese companies, with China Development Bank as the would-be-financier.

A partnership agreement between the two countries was signed on January 6, 2015, with a feasibility study of the zone planned to be completed by the end of October 2015.

However, in November of that year (2015), the head of Costa Rica's Ministry of Foreign Trade (COMEX), Alexander Mora, announced that the feasibility study was yet to begin and that the new projected completion date was the third quarter of 2016.

Due to delays related to "bad management on the part of the current administration" (Central American Data, citing former Costa Rican ambassador to China, Marco Vinicio Ruiz), the study's results only became available in September of 2017.

While the documents are unavailable to the public still, a COMEX press release summarized the results as follows: "The study concludes that, in order to promote a project of this scale of ambition in the country, it is first necessary to work hard to generate a series of basic conditions necessary for the concretion and consolidation of these types of models." Specifically, China established the following preconditions to establishing an SEZ: 1) building a new airport in Orotina, 2) expanding the existing route to Puerto Caldera, 3) building the San José-San Ramón highway, and 4) simplifying business procedures.

📚 Sources & References
  • Yearender: China
  • LatAm move toward deeper mutual trust
  • China
  • LatAm move toward deeper mutual trust
  • 国开行或投资建设中国在拉美第一个经济特区
  • 宋彦斌大使出席《哥斯达黎加经济特区规划与发展报告》转交仪式
  • China’s Special Economic Zone in Costa Rica Well Underway
  • China expands Central America footprint with Costa Rica pact
  • China-Costa Rica Economic Zone Under Discussion
  • Minister Says
  • Costa Rica: Chinese Economic Zone Suffers Delays
  • Costa Rica is Not Ready for a Chinese Economic Zone Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.
All Grantees

Costa Rica

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