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

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.

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.

Record FDI in Real Estate in Costa Rica

April 2014

The sector received 43% of the foreign direct investment that came into the country in 2013.

In 2013, $1.16 billion was invested by foreigners in real estate in Costa Rica, a record according to information from the Costa Rican Coalition for Development Initiatives (Cinde).

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