In 1871 the American entrepreneur Minor Keith won a contract with the government of Costa Rica to build a railroad from the capital city of San José to the port city of Limón. The project would modernize the country and increase exports, like in Chile and Peru, following the industrial expansion of the U.S. But before the Costa Rican railroad was complete in 1890, the government defaulted on its payments and renegotiated a deal which gave Keith’s company 800,000 acres of tax-free land along the railway and a 99-year lease on its operation.
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