The Papagayo Marina has announced that the construction of the second marina to operate in Costa Rica is advancing right on schedule and will open its first phase by January 2009.

Currently, only the Marina Los Sueños in Costa Rica’s Central Pacific Coast offers docking space and services to yacht owners.  The Papagayo Marina is located in Costa Rica’s Northern Pacific Coast of the Nicoya Peninsula in Guanacaste .  The Papagayo Marina will have a 44 hectare area at which 180 slips will be built as well as 200 dry dock areas for the first phase.

The initial phase of the Papagayo Marina will be able to harbor vessels from 400 feet to 3,400 feet.  The Marina will offer Immigration services as well as fuel, electricity, internet, phone service, minor repair services and sewer cleaning services.

The $15 million investment will also include a large building which will hold administration offices, state offices and commercial areas which will contribute to at least 470 new job openings in the Guanacaste area.

The Papagayo Marina is the first of the strategic marinas to be built along the Pacific Coast by the Polo Turistico Papagayo concessionary.  Following the Papagayo Marina construction, the company will continue with the Pez Vela Marina in Quepos and the Bahia Escondida Marina in Golfito .

The Bahia Escondida Marina project is the largest and most expensive of planed projects which will reach an approximate investment of $300 million.  It will include a hotel in Costa Rica’s South Pacific region as well as a casino, swimming pools, museums, restaurants, malls and condominiums.