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Port-City of Limon Integrated Infrastructure Project

Abstract*

The objective of the Costa Rica City Port of Limon Project is to revitalize the city of Limon in line with the Government's Regional Development Strategy, and prepare for the modernization of the port of Limon. The project comprises four main components. The first component will invest in the urban upgrade, cultural heritage protection and revitalization and natural conservation of Limon, restoring its emblematic historical and cultural patrimony...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

The Objective of the project is to: (i) improve the protection and management of Limon's cultural and natural heritage; (ii) increase access to the sewage system and reduce urban flooding in the area of Limoncito; (iii) foster a more efficient, accountable and credible local government; (iv) create new employment opportunities through small and micro-enterprises; and (v) support the port modernization process and improve freight transport access to the port terminals.

Key Details

Project Details

  • P085539

  • Closed

  • Oscar E. Alvarado

  • N/A

  • Costa Rica

  • December 19, 2003

  • (as of board presentation)

    January 8, 2008

  • October 6, 2009

  • US$ 72.50 million

  • B

  • Not Applicable

  • June 30, 2014

  • BANK APPROVED

  • March 11, 2021

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 72.50
Borrower/Recipient 7.20

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 72.50
IDA Commitment N/A
IBRD + IDA Commitment 72.50
Lending Instrument
Grant Amount N/A
Total Project Cost** 79.70

Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of July 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Jan 8, 2008 IBRD-74980 Loan Commitment 72,500,000.00
Apr 15, 2018 IBRD-74980 Loan Repay 389,425.22
Oct 15, 2022 IBRD-74980 Int Charges 3,182.73
Oct 15, 2022 IBRD-74980 Loan Repay 391,316.47
Apr 15, 2022 IBRD-74980 Int Charges 828.87
Apr 15, 2022 IBRD-74980 Loan Repay 389,425.22
Oct 15, 2021 IBRD-74980 Int Charges 1,606.06
Oct 15, 2021 IBRD-74980 Loan Repay 389,425.22
Apr 15, 2021 IBRD-74980 Int Charges 2,365.36
Apr 15, 2021 IBRD-74980 Loan Repay 389,425.22
Oct 15, 2020 IBRD-74980 Int Charges 12,681.60
Oct 15, 2020 IBRD-74980 Loan Repay 389,425.22
Apr 15, 2020 IBRD-74980 Int Charges 24,130.79
Apr 15, 2020 IBRD-74980 Loan Repay 389,425.22
Oct 15, 2019 IBRD-74980 Int Charges 37,162.64
Oct 15, 2019 IBRD-74980 Loan Repay 389,425.22
Oct 15, 2019 IBRD-74980 Loan Repay 20.00
Apr 15, 2019 IBRD-74980 Int Charges 42,393.43
Apr 15, 2019 IBRD-74980 Loan Repay 389,405.22
Oct 15, 2018 IBRD-74980 Loan Repay 389,425.22
Oct 15, 2018 IBRD-74980 Int Charges 45,099.32
Apr 15, 2018 IBRD-74980 Int Charges 217.85
Apr 15, 2018 IBRD-74980 Int Charges 31,121.52
Oct 15, 2014 IBRD-74980 Loan Repay 484,818.00
Oct 15, 2017 IBRD-74980 Int Charges 31,588.21
Oct 15, 2017 IBRD-74980 Loan Repay 389,425.22
Apr 15, 2017 IBRD-74980 Int Charges 30,961.44
Apr 15, 2017 IBRD-74980 Loan Repay 389,425.22
Oct 15, 2016 IBRD-74980 Int Charges 24,456.92
Oct 15, 2016 IBRD-74980 Loan Repay 389,425.22
Apr 15, 2016 IBRD-74980 Int Charges 15,802.53
Apr 15, 2016 IBRD-74980 Loan Repay 389,425.22
Oct 15, 2015 IBRD-74980 Int Charges 13,663.51
Oct 15, 2015 IBRD-74980 Loan Repay 389,425.22
Apr 15, 2015 IBRD-74980 Int Charges 12,725.65
Apr 15, 2015 IBRD-74980 Loan Repay 389,425.22
Dec 22, 2014 IBRD-74980 Loan Disb -1,526,747.50
Dec 31, 2014 IBRD-74980 Loan Cancel 65,131,136.00
Apr 15, 2014 IBRD-74980 Int Charges 8,828.17
Apr 15, 2014 IBRD-74980 Loan Repay 236,579.55
Mar 3, 2014 IBRD-74980 Loan Disb 4,221,742.50
Oct 15, 2013 IBRD-74980 Int Charges 761.61
Oct 15, 2013 IBRD-74980 Int Charges 11,197.99
Oct 15, 2013 IBRD-74980 Loan Repay 236,579.55
Oct 15, 2014 IBRD-74980 Int Charges 2,067.47
Oct 15, 2014 IBRD-74980 Int Charges 15,506.08

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Project Management Moderately Satisfactory 2014-02-23
Financial Management Moderately Satisfactory 2014-02-23
Overall Implementation Progress (IP) Moderately Unsatisfactory 2014-02-23
Progress towards achievement of PDO Unsatisfactory 2014-02-23
Procurement Moderately Unsatisfactory 2014-02-23
Counterpart Funding Satisfactory 2014-02-23
Monitoring and Evaluation Satisfactory 2014-02-23

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 12-25-2014
OutcomesHighly Unsatisfactory
Risk to Development OutcomeHigh
Bank PerformanceUnsatisfactory
Borrower PerformanceUnsatisfactory
Government PerformanceModerately Unsatisfactory
Implementing AgencyUnsatisfactory

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 06-24-2015PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingHighly Unsatisfactory N/a
Risk To Development OutcomeHighN/a
Bank PerformanceUnsatisfactoryN/a
Borrower PerformanceUnsatisfactoryN/a
Government PerformanceModerately UnsatisfactoryN/a
Implementing AgencyUnsatisfactoryN/a
Icr QualitySatisfactoryN/a
M&e QualityNegligibleN/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Score in city's image perception from citizens and tourists [Municipal Tourism Bureau]Value85% Negative50%
    DateNovember 27, 2007January 31, 2011June 30, 2014
    CommentBaseline value should be updatedNot applicable due to lack of implementation
  • Perception regarding cultural activities in Limon [Ministry of Culture]Value95% negative50%
    DateNovember 27, 2007January 31, 2011June 30, 2014
    CommentBaseline value should be updatedNot applicable due to lack of implementation
  • % of population with access to sewage system in Limoncito. [AyA]Value38%99%
    DateNovember 27, 2007January 31, 2011June 30, 2014
    CommentBaseline value should be confirmed/ updated.Not applicable due to lack of implementation
  • Number of Flood Events [SENARA]Value> once per year< once every 5 years
    DateNovember 27, 2007January 31, 2011June 30, 2014
    CommentNot applicable due to lack of implementation
  • A series of geometric averages of monthly fecal coliforms in sea water samples at 3 sampling points located in front of Playa Los Banos, each at 100m from the shore [AyA]Value80% of the geometric monthly averages of fecal col80% below reference
    DateNovember 27, 2007January 31, 2011June 30, 2014
    CommentBaseline value should be confirmed/ updated.Not applicable due to lack of implementation
  • No. of new SME in the tourism and cultural heritage sectors [MEIC]Value015 operating
    DateNovember 27, 2007January 31, 2011June 30, 2014
    CommentNot applicable due to lack of implementation
  • Tourist perception of quality of SMEs products [Municipality of Limon]Value90% Negative70%
    DateNovember 27, 2007January 31, 2011June 30, 2014
    CommentBaseline value should be confirmed/ updated.Not applicable due to lack of implementation
  • Current/Capital Expenditures ratio[Municipality of Limon]ValueFigure prior to interventionReduced by 20%
    DateNovember 27, 2007January 31, 2011June 30, 2014
    CommentBaseline value should be confirmed.Not applicable due to lack of implementation
  • Reduction in handling costs per ton in Moin dock [JAPDEVA]ValueUSD 0.08/tonUSD 0.04/ton
    DateNovember 27, 2007January 31, 2011June 30, 2014
    CommentBaseline value should be reviewed.Not applicable due to lack of implementation
  • No. of containers reaching the dock of Moin via railway [INCOFER]Value6,00010,000
    DateNovember 27, 2007January 31, 2011June 30, 2014
    CommentBaseline value should be reviewed.Not applicable due to lack of implementation
  • No. of investments aligned with strategic development plan [COREDES and Municipality of Limon]Value0%50%
    DateNovember 27, 2007January 31, 2011June 30, 2014
    CommentNot applicable due to lack of implementation
  • Citizen perception of credibility and accountability of the municipality [Municipality of Limon]ValueScore prior to intervention15% increase
    DateNovember 27, 2007January 31, 2011June 30, 2014
    CommentBaseline value would have to be established.Not applicable due to lack of implementation
  • Fiscal Revenues [Municipality of Limon]ValueFigure prior to intervention15% increase
    DateNovember 27, 2007January 31, 2011June 30, 2014
    CommentBaseline value would have to be established.Not applicable due to lack of implementation

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Rehabilitation of emblematic buildings/sites in the city to achieve a more adequate patrimonial protection and appealing urban environment.Value0/6 Buildings rehabiltated6/6 Buildings rehabiltated
    DateNovember 27, 2007January 31, 2011June 30, 2014
    CommentNot applicable due to lack of implementation
  • Extending the sewage (Limoncito & Playa Los Banos) and drainage system to increase access to sanitation, reduce urban flooding in the area of Limoncito, and decrease contamination in Playa Los BanosValue- Limoncito & Playa los Banos sewega coverage: 0% - Limoncito & Playa los Banos sewega coverage: 100
    DateNovember 27, 2007January 31, 2011June 30, 2014
    CommentNot applicable due to lack of implementation
  • Rehabilitation of Parque Cariari and Uvita IslandValue0Completed
    DateNovember 27, 2007January 31, 2011June 30, 2014
    CommentNot applicable due to lack of implementation
  • Bankable business plans of SME yearly submitted to credit institutions in LimonValue# (baseline prior to intervention) bankable busine20 % increase
    DateNovember 27, 2007January 31, 2011June 30, 2014
    CommentBasline value would have to be established.Not applicable due to lack of implementation
  • % increase in property tax collectionValue0%15% increase in property tax collection
    DateNovember 27, 2007January 31, 2011June 30, 2014
    CommentNot applicable due to lack of project implementation.