Chinese Constructor Leaves Costa Rica

Chinafecc Central America S.A., a subsidiary of the Chinese state-owned company building the National Stadium, will leave the country in the midst of controversy due to a series of visas issued to its workers.

Friday, July 2, 2010 reported that company representatives had allegedly presented gifts to Costa Rican diplomats in China, while the visas of 40 Chinese workers were being processed.

Chinafecc, a subsidiary of Anhui Foreign Economic Construction (AFEC), owned by the Chinese state, was building a 123-apartment condominium called “Torres del Lago”.

The company announced it will withdraw from the project, and its developer, Palacio Oriental, must now find another builder.

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Chamber of Chinese Enterprises in Central America

August 2015

Seventeen Chinese companies who are operating in the region in sectors such as infrastructure, petrochemicals, telecommunications and high technology form part of the new association.

The purpose of the Association of Chinese Enterprises in Central America (Assecca), which will be based in Costa Rica, is to improve the promotion of their work in the region, create alliances and provide support in the different activities carried out in Central America.

Doing Business in China Now Easier

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71 steps for the establishment of foreign companies in the Asian nation have been eliminated, while another 20 have been delegated to the central government.

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Panama: Facilities for Foreign Labor Highlighted

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