Feasibility of SEZ to be Studied

The Solis administration has signed a memorandum of understanding with the Chinese government to begin studying the feasibility of setting up a special economic zone in Costa Rica for enterprises from China.

Wednesday, January 7, 2015

As part of the agreement signed between the two governments, feasibility studies will be started along with defining where the zone will be sited. It is expected that, as previously announced by the government, the free zone will be developed outside of the Greater Metropolitan Area.

The president, Luis Guillermo Solis, told Nacion.com that "... We have already identified the need to make a diagnosis about the possibility of constructing Chinese special economic zones in Costa Rica, this is very important because it will give us a platform where Chinese companies can come to the country to produce solar panels, cars or technology that China needs and that it currently does not have. "

Meanwhile, the Costa Rican Foreign Trade Minister, Alexander Mora, added "... This is just the first of several protocols to be signed, as work is also being done to pass others to encourage the export of products such as pineapple, pork, tuna and tilapia. "

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