Costa Rica Plans Investments in Medical Infrastructure

In the next five years the Costa Rican Social Security Institution plans to invest about $1.8 billion in building new infrastructure and purchase of medical equipment.

Tuesday, April 4, 2017

The aim of the Costa Rican Social Security Fund (CCSS) is to start to reverse the significant backlog there is in terms of building infrastructure, due to the decline in investment registered with the entity from about 2010. reports that "...Recession (between 2010 and 2013), forced a drastic reduction in its rate of investment (down to 2% annually), which intensified the backlog in infrastructure even more, a situation which has been dragging on for the past 20 years, estimated at $2.1 billion, according to a recent study by the entity itself."

  "...According to projections for the period 2017-2021, there will be a significant strengthening of the first level of health care, composed of EBAIS and Health Areas. During this period, more than ($1,465,000) ¢788,000 million will be allocated, of which 47% will focus on improving EBAIS infrastructure and equipment."

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Medical Device Plant Investment

October 2018

The medical device manufacturer Precision Concepts Medical Technologies will invest $5 million in the construction and operation of a new plant in Costa Rica.

According to the Costa Rican Coalition of Development Initiatives (Cinde), the health sector company's investment will focus on the construction of a building and the implementation of state-of-the-art technology.

Costa Rica: $18 million for Medical Equipment

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$18 million will be allocated to equip the seven-story tower, which will be built starting from April at the Calderon Guardia hospital, with 209 beds, 35 incubators and radiology, neonatology, gynecology, and an isolation unit.

The estimated cost of the project is $83 million, its construction will begin in mid-April and it will be completed within three years, according to the Costa Rican Social Security Fund (CCSS).

Meeting of the Medical Industry in Panama

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Medical products and services, and pharmaceutical and technological hospital equipment, and will be exhibited from September 23 to 24 in the Atlapa Convention Center.

From a statement issued by the Chamber of Commerce, Industries and Agriculture of Panama (CCIAP):

Boom in Medical Supplies Industry

November 2012

There are 46 companies in Costa Rica in the medical industry whose exports in the first 10 months of 2012 totaled $1.24 billion. reports that "The entry into Costa Rica of several companies in the medical industry that has taken place in the last three years is reflected in the growth of the sector's exports.

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