American Expatriate Costa Rica

State will allocate 250 million for Crucitas reforestation

Industrias Infinito just left an empty building with facilities in the community of Cutris Crucitas in San Carlos. | CARLOS HERNANDEZ


During the next five years, the Ministry of Environment and Energy (Minae) has allocated about ¢50 million ($101,010) annually for reforestation and conservation of 800 hectares of forest in the community of Cutris Crucitas in San Carlos. Meanwhile, Canadian firm Industrias Infinito is expected for file an international arbitration claim against the Costa Rican government, seeking $1.09 billion in damages for suspension of a gold mining project in the area. Representatives for the company say they invested $92 million in the Crucitas project before their concession was canceled. Environmental groups are seeking between $6 and $10 million in compensation from the company for environmental damages.

Original Article in La Nacion