Costa Rica and Foreign Investment in 2017

Last year the country attracted 40 new foreign direct investment projects, which generated around $2.165 billion.

Thursday, January 18, 2018

Jorge Sequeira, General Director of the Costa Rican Coalition of Development Initiatives explained that "... 'the multinational companies attracted with the support of CINDE generated 20% of formal net jobs in the country and 23% of total employment generated by private companies in 2017. It is important to note that the growth rate of employment in multinationals was 7.8%, 3.7 times more than the average of the country which reported growth of 2.1%'."

From a statement issued by the Government of Costa Rica:

CINDE reported that Costa Rica managed to attract 40 foreign direct investment projects in 2017. 

The Costa Rican Coalition for Development Initiatives (CINDE) and the Ministry of Foreign Trade (COMEX) announced that 2017 was a year of positive results for Costa Rica thanks to the 40 investment projects attracted and the generation of 13,754 new jobs. 

Read full release (in Spanish).

More on this topic

Services and Manufacturing Dynamize New Investments

December 2018

In 2018, nearly 13,000 new jobs were generated in Costa Rica because of investment in 48 new projects in the service, manufacturing and other productive sectors.

The Costa Rican Coalition of Development Initiatives (CINDE) reported that because of new companies arrived in the country together with investments made by companies already installed, 12,961 new jobs were generated in the sectors of services, digital technologies, life sciences, advanced manufacturing and light manufacturing.

Costa Rica: FDI Falls 28%

October 2018

Foreign Direct Investment decreased from $1.658 million to $1.199 million between the first half of 2017 and the same period in 2018.

According to data from the Central Bank of Costa Rica reported a decrease in the flow of the Foreign Direct Investment (FDI) during the first half of 2018, contrasts with the increase of 52% recorded in the same period last year, given that between the first six months of 2016 and the same period in 2017, the flow went from $1.088 million to $1.658 million.

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):

Costa Rica Seeks Investment in Manufacturing and Agribusiness

September 2014

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

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.

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