Professionals Seeking to Improve Competitiveness in Costa Rica

A group of representatives from the private sector and the university sector have created a Competitiveness Council (CPC in Spanish).

Wednesday, November 23, 2011

In order to attract more foreign investment, among other things, the group composed of professionals and academics have decided to create a group to provide recommendations to the government to improve competitiveness.

The group, which includes experienced professionals, will seek to unite competitiveness councils in other countries, in order to exchange ideas and implement best practices.

Federico Chavarria, Deloitte consulting partner and vice president of the American Chamber of Commerce (AmCham), Board Member, said that the Council will not provide policy or union recommendations, but will suggestions that will focus on practices that promote economic growth and social development .

An article in Elfinancierocr.com's states: "The official launch of the association will take place in the second conference entitled "Competitiveness Summit 2011 AmCham: Talent in Action", which will be held on Monday 28 November at the Hotel Real Intercontinental.

The Council arose from the conclusions from the meeting last year and its plan is to make recommendations to the Government on issues such as attracting foreign investment, and improving government efficiency and infrastructure. "

¿Busca soluciones de inteligencia comercial para su empresa?



More on this topic

Guatemala Declines in Competitiveness

October 2018

Partly explained by delays in the labor market, between 2017 and 2018 the Central American country moved from 91st to 96th place in the Global Competitiveness Index.

According to the 2017-2018 Global Competitiveness Index report, prepared by the World Economic Forum, the decline recorded by Guatemala this year is mainly due to lags in the areas of health and labor market.

Nicaragua According to USA: Good, but Bad

July 2016

The efforts made by the Ortega administration to attract more foreign investment were noted, but warnings were also give regarding deficiencies in the rule of law and an extensive executive control.

The report "Investment Climate Statements for 2016" prepared by the US State Department details the efforts made by Nicaragua to attract foreign investment by providing tax incentives to productive sectors such as mining and tourism, but also points out some elements that could affect the investment climate in the country, such as weak government institutions, deficiencies of law and an all-embracing control on the part of the executive branch.

Better Practices in Investment Promotion

May 2012

Most investment promotion agencies are not responding to national enquiries by investors in the key sectors of agribusiness and tourism.

From a press release from the World Bank

According to Best Practices Study of Global Investment Promotion (Global Investment Promotion Best Practices) 2012 World Bank, 80 percent of investment promotion agencies are not responding to enquiries by investors in the key sectors of agribusiness and tourism, despite the fact that countries are competing to attract investment.

3,650 Jobs Created by CAFTA in Guatemala

July 2009

After three years of ratifying the agreement, investments from the United States have increased by 22%.

According to the American Guatemalan Chamber of Commerce (AmCham) the signing of the Free Trade Agreement between the United States, Central America, and the Dominican Republic has generated an increase in investment, mainly in the call center industry.

ok