Company to Develop 50 Hectares for Gasification Plant, Sand and Gravel Operations, and Infrastructure Projects in Buenos Aires de Puntarenas
BUENOS AIRES DE PUNTARENAS, COSTA RICA, / ACCESS Newswire / December 18, 2025 / Eco Innovation Group, Inc. (OTC:ECOX) (“ECOX”) and WRA Holdings, Inc. (“WRA”) today announced a significant advancement in its waste-to-energy and sustainable development initiatives following a working session with the Municipal Government Council of Buenos Aires de Puntarenas, Costa Rica on December 16, 2025.
The meeting, held at the Municipal Palace, brought together municipal authorities, representatives from the local Chamber of Commerce, indigenous community leaders, the Cantonal Environmental Commission, and other key stakeholders from the region. Discussions addressed waste management and infrastructure needs not only within the Buenos Aires canton but also across neighboring cantons in Costa Rica’s southern region.
WRA presented its proposal to evaluate the development of a solid waste treatment plant utilizing gasification technology. The facility is designed to process solid waste collected from Buenos Aires and surrounding cantons in the southern region of Costa Rica. The project is expected to support substantial direct employment and to generate additional macro and micro business opportunities through the commercialization of byproducts derived from the waste treatment process, subject to further evaluation, consultation, and regulatory review. Based on preliminary planning discussions, the proposed facility is being evaluated with the potential to support more than 3,000 direct jobs, subject to final design, approvals, and implementation timelines.
Company representatives provided technical and logistical explanations of how the gasification technology may mitigate environmental impacts associated with agrochemical contamination and open burning practices historically linked to large-scale agricultural activity in the region. These impacts include runoff from agrochemical use and emissions from open-burn disposal practices, both of which have been identified as persistent environmental challenges in the surrounding cantons.
In a separate statement, Lic. Danilo Villanueva, legal representative designated by the Integral Development Association (ADI) of the Térraba Indigenous Territory, expressed support for the progress made during the engagement, stating: “As an indigenous territory, this places us in a favorable position to continue with the consultation process for our development agenda.” Representatives noted that the engagement supports continued progress within established indigenous consultation frameworks related to community development priorities.
WRA further noted that its comprehensive master plan encompasses development across up to approximately 2,400 hectares, which may include the waste-to-energy facility as well as sand and gravel extraction operations. These resources are being evaluated for potential use in regional infrastructure projects, contributing to broader economic development and employment opportunities, subject to environmental review, indigenous consultation processes, and governmental approvals.
As an immediate outcome of the meeting, all parties agreed to form a joint executive committee composed of municipal authorities, community representatives, and WRA technical personnel. This committee will analyze and develop the contractual terms and cooperation frameworks necessary to support continued evaluation and potential implementation of the proposed projects.
“This dialogue reflects constructive engagement between municipal authorities, community stakeholders, and our technical team,” said Cornel Alvarado, President and CEO of WRA Holdings, Inc. “These discussions are an important part of responsibly advancing infrastructure initiatives that address environmental challenges while supporting long-term economic development.”
Richard Hawkins, CEO of Eco-Innovation Group, Inc., added: “From a public company and governance perspective, this type of structured municipal and community engagement is essential. Establishing clear working groups and evaluation processes helps ensure that complex infrastructure initiatives are assessed methodically, transparently, and in alignment with local priorities.”
Shareholders and interested parties can view or download a complete presentation at the following link: View the full Costa Rica Visioning Presentation here
