American Expatriate Costa Rica

Costa Rica aims to attract more foreign high-tech investment

Investment in high technology has an important role in the country, despite the difficult international economic environment that still affects many regions of the world.


Costa Rica will continue to work this year in attracting companies from high-tech and manufacturing sectors, and estimates are that foreign direct investment (FDI) will total $2.3 billion. Last year the country attracted 43 companies, which generated 7,123 new jobs. The technology sector alone generated $600 million in FDI, last year.

Representatives from the Costa Rican Coalition for Development Initiatives (Cinde) have said that 2014 will be a big year for promoting high tech foreign investment, as it wants to show the world that the new presidential administration is committed to this goal. Among the initiatives are promoting business development in areas such as Liberia, Grecia and San Ramon.

Original Article in La Nacion