Future Money in Costa Rica
May 19, 2011
Properties in Costa Rica
There is always some money to be made in the industry of tourism in Costa Rica with many people looking for adventure, biodiversity, or just a relaxing Costa Rica family vacation. There is also the solid investment of real estate which happens to be and always will be one of the safest investments because at the end of the day you will own a piece of paradise.
This blog entry is about a different type of investment that ultimately involves land also. It is the jatropha plant of Costa Rica. When looking at this plant, it does not look like much compared to the beautiful plants of the tropics. However, it might just hold the answer to Costa Rica being one of the larger exporters of biodiesel. United Biofuels of America (UBA) is heading the idea for making an attempt of a million gallons of jatropha a day. This will be a challenge, but if it works, it will surely “bear the fruits” for the Costa Rica economy. Biofuels often face critics who say they are too expensive to produce. Another criticism is that growing food for fuel takes food away from the people that need it most. The jatropha turns out to be a plant that is not edible and will not take on as many critics as others. UBA is considered by other energy companies as one of the top 25 entrepreneur companies in the world.
It is quick bits like this in the news and the idea that Costa Rica’s leaders of state will be hosting a conference this June 14th – June 16th for all to attend (those that will pay the $800 ticket price) to listen to some of the ideas for the future of the economy with the theme being “Accelerating the Shift Towards a Low Carbon Economy“.
Source: The Costa Rica News
