Costa Rica Seeks Investment in Manufacturing and Agribusiness

The country will promote foreign investment in these sectors, especially in areas with less development further away from the Greater Metropolitan Area.

Tuesday, September 23, 2014

The Costa Rican Coalition for Development Initiatives (Cinde) will focus on promoting investment in these sectors, diversifying its strategy of attracting investment and giving greater emphasis to the development of areas further away from the capital, where there is a stronger link with the productive sectors and agribusiness.

The president of the Costa Rican Union of Chamber and Associations of Private Enterprises (Uccaep) Rónald Jimenez told Nacion.com that "... 'We believe that the success of Cinde in attracting FDI and generating quality employment for Costa Ricans can be extended to other types or size of investor, especially if it creates jobs in less developed areas.' "

The president of the National Chamber of Agriculture and Agribusiness (CNAA), Juan Rafael Lizano, "... supported the government initiative and ... said that in agribusiness, it must be clarified whether to industrialize the existing product or plant a new one for the firm to be installed here. "



More on this topic

Costa Rica: Foreign Direct Investment Down 4.6%

October 2016

A fall in investment flows to the agro-industrial sector accounts for most of the 4.6% decline in foreign investment in the first half of the year, compared to the same period in 2015.

The reduction in investment in the agribusiness sector is the main reason behind the fall of nearly 5% in foreign direct investment in the first six months of the year compared to the same period in 2015.

Ambitious Investment Plan in Honduras

March 2016

A government proposal seeks to generate in 5 years $13,000 billion worth of investment in tourism, textiles, intermediate manufacturing and business support services.

From a statement issued by the President of Honduras:

Tegucigalpa, February 29. President Juan Orlando Hernández presented the National Economic Development Program 20/20 Honduras, the largest platform for growth promoted in the country's history, focusing on tourism, textiles, intermediate manufacturing and business support services, which will generate 600,000 jobs in five years, among other objectives.

Colombian Investments in Costa Rica

March 2015

38% of the colombian companies who have invested in the country are dedicated to services, 28% to industry, 11% to construction and 23% to tourism, commerce or agriculture.

The service, food and manufacturing sectors are generating the most interest among Colombian investors, who in the last ten years have invested about $750 million in Costa Rica.

CINDE: Investment Promoter in Costa Rica

September 2014

In light of questions raised about a private organization receiving state funding, the CINDE wishes to demonstrate its position and the concrete results of its stewardship in attracting foreign investment.

From a statement issued by the Costa Rican Coalition for Development Initiatives (CINDE):

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