American Expatriate Costa Rica

English-language news and information on Costa Rica

  • Home
  • Original Articles
  • News Reports
  • Book Reviews

Free zones manufacturing has not taken off

February 28, 2017 by Staff News Writer

The manufacture conducted out of free zones is still having trouble recovering.

The exports of the industry, which lack the benefits of the special scheme, started 2017 in the doldrums, since they decreased 8.1% in January, compared to the same month in 2016.

This was explained by Francisco Gamboa, executive director of the Chamber of Industries of Costa Rica, after knowing the results of the activity, which were published by the PROCOMER.

According to the Chamber, the drop in exports combined with a spectacular growth of 27% in medical and precision equipment, coming mostly from free zones, results in an overall increase of 9.5% in manufacturing exports, although regions such as the Caribbean and South America and sectors such as the food industry are falling.

In the past, the group has been critical of the red tape and high local costs of electricity, which affect the competitiveness of their businesses.

crhoy.com

Related articles:

  1. CADEXCO: “there is a slowdown in production outside the free zones”
  2. Direct employment in free zones increased 5% in 2015
  3. Exports continue to grow driven by free trade zones
  4. Manufacturing activity boosts economy
  5. Manufacturing and service industries are Costa Rica’s engines
  6. Services, manufacturing and agricultural activities improve Costa Rican economy

Filed Under: News Reports

SIGN UP FOR AMERICAN EXPATRIATE IN COSTA RICA

It's free, we respect your privacy and you can unsubscribe at any time.

Connect with Social Media

  • Email
  • Facebook
  • RSS
  • Twitter
Follow @expatcostarica

Search Articles and News Reports

Articles by Publication Date

June 2025
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
30  
« Apr    

News Summary

U.S. President Orders Navy Task Force to Caribbean to Counter Venezuela Threat

Costa Rica Government Silent on Travel Ban with Just 13 Days Left

News Summary

Legislators approve moratorium for registration of shareholders

President confirms gasoline give away for ethanol pilot project

Chinese company sells low cost smart phones in Costa Rica

Search continues for small plane missing in Drake

Farmers will march to the Ministry of Agriculture

IMN warns of dangerous UV radiation this Friday

Copyright © 2010 to 2025 · Link to Legal Notices and Privacy Policy