A strategy focused on increasing competitiveness by reducing production costs and facilitating the creation of added value is what industrial enterprises have asked for.
Improving training in the use of new tools and technology and giving more value to final production are two of the main challenges faced by companies in the industrial sector.The union that brings them together is aware that the potential of the country in this sector can not be maximized if aspects affecting global competitiveness are not improved.
Although clothing and car wiring harnesses continue to lead, the number of types of goods exported under the free zone regime has gone from ten in 2008 to 20 today.
Production and export of clothing and wiring harnesses are still the main goods produced and exported under free trade zone conditions, but now others have been added such as as cigars, edible oil, fruits, leather shoes, paper, cardboard, and manufactured leather covers for furniture.
The aim of the business mission is to attract new investment in the maquila and call center sectors.Specifically, one of the lines of business that they want to expand is export of electrical cables used in the Mexican auto parts industry.
Michelin has announced a production plant in Leon, Guanajuato, to manufacture high quality tires for passenger cars and light trucks.
The new plant will be number 21 of the Michelin Group in North America and the 69th worldwide.Michelin's announcement indicates that their location reflects the commitment of the company to produce its tires as close as possible to the markets where its customers are based.
Edwards Lifesciences Corporation has announced it is to build a heart valve production plant in Cartago which will start operating in early 2017.
From a statement issued by the Ministry of Foreign Trade:
The company Edwards Lifesciences Corporation, a global leader in innovations designed to address heart disease and monitor patients in critical condition today announced that it has chosen Costa Rica as the country in which to expand its production network of heart valves, with an investment of $10 million (around ₡5 billion).
Operations have started at a plant in Alajuela owned by the company CooperVision, which manufactures soft contact lenses.
From a statement issued by the CINDE:
Coyol, Alajuela, June 15, 2016.CooperVision, an American company which is a leading manufacturer of soft contact lenses, today opened its new manufacturing facility in Coyol in Alajuela, where it will produce and distribute -initially to different regions of America and then the rest of the world - a line of silicone lenses for everyday use.
Sectors related to metal mechanics, tires, plastics, chemicals and electrics in Costa Rica have asked for their products to be excluded in the negotiation of a regional trade agreement with the Asian tiger.
The industrial and agricultural sectors are those who have objected in the process for negotiation of a free trade agreement with South Korea, arguing that some products would be hurt by the arrival of similar products from China.
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