Riteve Not
Surprised At
Possible Changes
The
Spanish/Costa
Rican consortium
that has the
monopoly on
vehicular
inspection
service in Costa
Rica known as
Riteve said on
Friday it is
not surprised at
the rumours that
the a possible
break in the
monopoly is
pending. Riteve
officials also
say that this is
not the first
time anti
monopoly talk
has come from
lawmakers.
On Thursday,
legislators of
the Partido
Liberación
Nacional (PLN)
and Movimiento
Libertario (ML)
parties spoke in
favour of
breaking the
Riteve monopoly,
by not renewing
the contract, an
item that would
be up for
discussion by
the new
legislative
assembly that
takes over on
May 8,
Fernando Mayorga,
general manager
of Riteve, said
that renewing
the contract is
a government's
absolute power
and whatever the
decision is it
will be
respected.
Mayorga added
that if the
service goes up
for bidding,
Riteve will take
part.
The Riteve
manager said
that the only
differences
between his
company and the
government has
been the issue
of rates.
Riteve is
seeking an
increase in the
rates, double
that of today.
The increase
request is being
justified that
Riteve has kept
the same rate
for the last
five years.
Riteve has
invested some
us$40 million
dollars and
employs directly
400 people and
many hundreds
more indirectly.
Mayorga did not
say if the
investment has
been recovered
or if the
company will
suffer financial
damage if the
contract is not
renewed.
Mayorga stressed
that the only
concern is that
the vehicular
inspection, be
it by Riteve or
by others,
continue to be a
serious matter
in Costa Rica.
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