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Costa Rica News - May 15, 2005

National parks are top dollar-earners

The national parks of Costa Rica generated more dollars than the joint exports of bananas, coffee, and pineapples in the year 2002, according to the Minister of Finance Federico Carrillo. While the protected areas earned $814.5 million that year, the combined income from the three products mentioned was $793 million. Official sources said that the overall amount for the protected areas includes admission fees, hotels, car rentals, fuels, and other related areas. Minister Carrillo resorted to these data in order to promote more funds for the parks, which currently meet a shortage in maintenance and wardens, to mention two areas in which the system is lacking.

Hyatt to invest $50 million

The international hotel chain Hyatt plans to invest $50 million in Costa Rica in the next two years, mainly in a 200-room hotel, according to firm sources. Hyatt's vice-president for development Michael Schindler visited the country in order to analyze possible locations for the hotel. Rodrigo Trujillo, Hyatt's business director, said that the site has not been decided yet, but that the firm wants to be present in Costa Rica.

A woman at the helm

If the opinion of a majority of Costa Ricans counted at the polls, a woman would be the next President of the Republic. This surface in a recent survey, in which 56 percent of the respondents said that they would rather have a woman as President, while only 17 percent said they would prefer a man. For 26 percent of the Ticos, according to the survey, the sex of the person at the helm is not important. The next election will be held the first Sunday in February 2006, but so far no woman has entered the presidential race.

President Talks Trade In U.S.

As President Abel Pacheco and his counterparts from the rest of Central America and the Dominican Republic descended on Washington, D.C. this week to discuss the Central American Free-Trade Agreement with the United States (CAFTA), both U.S. and Costa Rican supporters of the agreement began increasingly vocal and costly lobbying efforts for its ratification.

Minnesota University Explores Partnership With Costa Rican University

The Saint Mary's University PowerTrak MBA program in Minneapolis hosted representatives from EARTH University in Costa Rica in early May to explore potential partnerships such as MBA capstone project opportunities, and student and faculty exchange programs.

Karen Gulliver, program director for the Saint Mary's PowerTrak MBA, toured the campus of EARTH University on a trip to Costa Rica in January. "I was blown away by what I saw," Gulliver said. "So I invited them up here."

What she saw was an innovative, socially and environmentally conscious university and premier research center located on 8,154 acres in the heart of the humid tropics of Costa Rica. Saint Mary's and EARTH would be excellent educational partners, Gulliver said, "because of the commonality of mission and values and similarity of commitment to serving societal needs through education.

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