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Sinohydro aims to secure foothold in Costa Rica

Thursday, October 11, 2012


Sinohydro Group, a top global hydropower construction firm, said its growth in Costa Rica underscored the virtue of social responsibility in a company's overseas expansion.

"The Costa Ricans know little about China and its companies, and that's why a good first impression is so important," said Fu Xing, a Sinohydro manager working on the 50 megawatt Chucas hydroelectric plant, China's first ever project in Costa Rica.

Located along the Tarcoles river, 40 km south of the Costa Rican capital San José, the $92 million project is small by corporate standards, but significant as it could generate future contracts in the country for Sinohydro and other Chinese firms, he said.


Source: Xinhuanet