APM Terminals to sign concession contract for $922 million for Moin container terminal in Costa Rica

\ \ Netherlands-based APM Terminals could sign a concession contract next week for its $992 million container terminal project in Costa Rica’s Limón province.\ \ The board of directors at national port authority Japdeva unanimously approved the concession contract on Wednesday and national concessions council CNC was scheduled to do the same.\ \ Costa Rica’s chamber for administrative legislation this week rejected a petition from Japdeva labor union Sinjatrap calling for the concession to be cancelled. The ruling is a sign of the legal certainty of investing in Costa Rica, APM said.\ \ Original source: Business News Americas\ \ \ \ \ \