Costa Rica urged to consider transport deals

The Organisation for Economic Co-operation and Development (OECD) has urged Costa Rica to better utilise PPP deals to improve its ailing transport sector.

The review from the OECD recommends that the country consider PPPs to increase management expertise and opportunities for foreign investment.

Poor infrastructure, particularly the quality of transport in the country, is currently one of the main concerns for investors looking at the Costa Rican market, the OECD found.

Costa Rica is currently placed 116th out of 144 countries worldwide in terms of inadequate infrastructure supply, according to the World Economic Forum's Global Competitiveness Index.

As a result, the government has committed to invest further in the sector after injecting some $1.68bn last year.