Costa Rica to Develop Panama Border Area

August 1, 2008

President Oscar Arias has signed a $9.2 million loan from the Inter-American Development Bank (IDB) that will be used to finance sustainable development projects in the SixaolaRiver Basin on the eastern border with Panama.

Costa Rica will contribute an additional $2.8 million to the effort, for a total budget of $12 million.

The project aims to preserve the river’s natural patrimony, reduce local vulnerability to natural disasters, promote changes in production near the river and develop a more sustainable way to taking advantage of the river’s resources.

“With a little help, like the one were bringing Sixaola, these communities can escape cruel underdevelopment,” Arias said in a speech during the signing. “Sixaola can build dikes and aqueducts, saving its inhabitants from the torment of seeing their houses flooded or destroyed.

“Sixaola can take advantage of its enormous tourism potential and transform it into employment for its young and earnings for its families.”

Among other things, the project will fund initiatives to develop agriculture, environmental protection, ecotourism and infrastructure improvement in the region.

 

You may be interested

Give green in Costa Rica: holiday gifts that will live on all year
Environment and Wildlife
903 views
Environment and Wildlife
903 views

Give green in Costa Rica: holiday gifts that will live on all year

Ed Bernhardt - December 16, 2017

A warm holiday greeting from the garden to all our readers. Another year has come to an end, and it’s…

Honduran opposition protesters take to the streets
Central America
1686 views
Central America
1686 views

Honduran opposition protesters take to the streets

Noe Leiva / AFP - December 15, 2017

Supporters of the leftist opposition in Honduras blocked streets in various cities around that country on Friday, despite political repression,…

Of snow, kindness and Northern Lights: a Costa Rican in Manitoba, Canada
Please Send Coffee!
2485 views
Please Send Coffee!
2485 views

Of snow, kindness and Northern Lights: a Costa Rican in Manitoba, Canada

Gustavo Díaz Cruz - December 14, 2017

My mom named me Gustavo Adolfo. I was born in Puntarenas, next to the sea, but my home was in…