Costa Rica: Cartago is an Investment Magnet

Urban growth in the east of the Costa Rican capital is underpinned by investment proposals in the Special Economic Zone of Cartago.

Monday, August 6, 2012

The achievements of investment attraction in the province include the opening in November of Paseo Metropolis and the opening of the first phase of Oficentro Terra Campus Corporativo, said Silvia Hidalgo, Director of the Center for University-Industry Links at the Tecnológico de Costa Rica College.

The arrival of the train by the end of the year, the purchase of land for new facilities for the Max Peralta Hospital, and the construction of a bridge between Taras and Cartago to facilitate flow of access to the city, are infrastructure projects that have been supported and promoted by the economic zone of Cartago.

An article in Elfinancierocr.com quotes Silvia Hidalgo who says, "In the future the creastion of a science and technology park is envisaged to allow further growth in research and production."



More on this topic

Investment Guide to Cartago in Costa Rica

October 2012

The guide presents strategic information for evaluating investment opportunities in the Cartago Special Economic Zone.

An excerpt from the Investment Guide to the Cartago Special Economic Zone:

Cartago is a province suitable for attracting companies in sectors such as Advanced Manufacturing, Services and Life Sciences.

Drive for Creation of Industrial Park in Costa Rica

July 2011

Public and private entities in Cartago are pushing for the creation of a special economic zone (ZEE in Spanish).

The initiative aims to promote links between Small and Medium Enterprises (SMEs) in the area and large enterprises, while promoting job creation in the area of science and technology.

No Industrial park in Northern Costa Rica

February 2011

The 2008 project to develop a business park in the north is still stalled.

Representatives of the project explained the reasons for the delay, from the global economic crisis which began in late 2008 to the lack of road infrastructure and energy.

On energy, Coopelesca plans to begin in February the construction of a 20 MW facility, which would be ready in 20 months.

Costa Rica: Development of Free Zone delayed until 2010

September 2008

At the moment, users of the free zones in the north of the country cannot be guaranteed quality electric energy at a reasonable price.

The plan is that the supply of energy will come from Cubujuqui, a hydroelectric project that will generate 20 megawatts and that will cost approximately $40 million.

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