Costa Rica's FT zones a success

Companies operating in Costa Rica's free trade zones generated exports of 773 million dollars during the first half of this year, a 28 percent increase over 2007.

Tuesday, July 22, 2008

The Costa Rican Coalition of Development Initiatives, which promotes investment, issued the report using data from the Central Bank and corporate reports.
The 61 service enterprises situated in the free trade zones sell products ranging from softwar and technical support to financial services, graphic design and architectural and engineering services. Also included are several call centers.



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Nicaragua: $1,750 million Predicted in Exports from Free Zones

July 2011

Exports from companies in the free zone in Nicaragua grew by 44% in the first four months of the year.

The Technical Secretary of the National Commission of Free Zones, Alvaro Baltodano announced projected exports of $1,750 million by the end of this year, of which the textile sector would provide $1,350 million.

Costa Rica Doesn’t Attract Investment Outside GAM

September 2012

Although tax incentives have been granted by the government, a lack of good telecommunication services and public infrastructure deters investors from setting up in less developed areas.

In 2010 reforms were introduced to the FTZ Act for the purpose of complying with the terms set by the World Trade Organization (WTO).

Costa Rica's January-May exports up by 7.8 percent

June 2008

Costa Rica increased its exports by 7.8 percent between January and May of this year, with almost all productive sectors showing improvement.

Only bananas and melons failed to show an increase, the Ministry of Foreign Trade reported in a news release.
Total exports for the period were 4.175 billion dollars, an increase of about 300 million dollars from the same period in 2007.

Salvadorans Textile Companies Save the Year

February 2013

With a 4% increase in exports in 2012 compared to the previous year, the textile industry remains the main pillar of foreign trade in El Salvador.

Revenue from sales from the textile industry in El Salvador during 2012 totaled $2.1965 billion, $73.4 million more than in 2011.

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