ICE collects ¢ 455 million from the sale of cars and properties

(CRHoy.com) .- The Costa Rican Electricity Institute (ICE) had income of ¢ 455.5 million through the sale of unused properties and vehicles. Sales are part of the plan to give the institution financial sustainability.

The real estate that ICE sold through the Integrated Public Procurement System (Sicop) are located in Pérez Zeledón, Parrita and Curridabat. In total, the proceeds from the sale of these assets amounted to ¢ 48.9 million.

Regarding institutional vehicles, the autonomous entity indicated that it managed to sell 164 units, which produced an income of ¢ 406.6 million.

Management anticipated that in the next months the entity will sell more properties and in August there will be a new exhibition of vehicles for sale, while the reception of offers for these goods will begin next September. The auction figure will be used through Sicop.

ICE is going through a complex financial situation that forced the Higher Administration to launch a purification plan of the expenses and income of the Institute.

Last May, it transpired that there is concern in the Central Government for the financial health of ICE, above all, for businesses and investments you have made in recent years, which have not yielded the expected results.

The institution also suffers from a high level of indebtedness in dollars, so last year it reported millionaire losses due to exchange rate differential.

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