españolForeign investment
|
| The facilities will be at the company's campus in San Antonio de Belen, and are expected to start operations in the second half of 2021, once the necessary certifications are approved, informed the Costa Rican Coalition of Development Initiatives (Cinde). |
The Struggle for Foreign Investment in 2021
Friday, October 2, 2020
Because of the economic crisis, Foreign Direct Investment flows have practically vanished, and in order to attract the few investments that are projected for next year, countries are expected to compete by offering incentives and aid programs for businesses.
The covid-19 outbreak dissipated the investment intentions of companies globally. At the beginning of the fourth quarter of the year, there are signs that business confidence has begun to recover; however, pessimism among investors is expected to continue next year.
Foreign Investment: How to Take Advantage of the Crisis?
Wednesday, May 6, 2020
The health and economic crisis will result in a reordering of foreign investment at the global level, and countries like Central America will have the opportunity to take advantage of their geographical position to attract fresh capital.
The outbreak of covid-19 worldwide will cause a drop in production in 2020, however, by 2021 and 2022 the forecasts of international organizations anticipate that economic activity could rebound, a rise that would be coupled with new investments in various markets and sectors.
Costa Rica: New Financial Services Center
Wednesday, December 18, 2019
Stryker, a medical technology company, opened a new financial services center to be located in the province of Heredia, from where it will support all its financial activities in the Americas.
The operation is in San Antonio Business Park, in Heredia, where the company opened its offices since last April, according to official information.
From Cinde's statement:
Which Economies Attracted the Most Investment?
Thursday, August 15, 2019
Panama and Honduras were the only two Central American countries to report increases in foreign direct investment in 2018 over the previous year, with year-on-year changes of 36% and 3%, respectively.
The growth of investments directed to Panama, which concentrated 51% of the sub-regional total, explained the increase that was reached in 2018 in Central America (9.4%), since except Panama and Honduras, the Central American countries received less Foreign Direct Investment (FDI) than in 2017, explains the report "Foreign Direct Investment in Latin America and the Caribbean 2019", produced by the Economic Commission for Latin America and the Caribbean (ECLAC).
Genpact will Open Service Center in Costa Rica
Wednesday, August 7, 2019
The company announced that the new service center specializing in finance and accounting, which will be in Heredia, arises as a result of an alliance with the chain Walmart.
Genpact, a multinational professional services company dedicated to digital transformation, reported that from its new service center in Costa Rica, will support Walmart's operations in Latin America.
Negative Year for Foreign Investment
Monday, June 17, 2019
The reported drop in investment in the tourism sector explains part of the 22% drop recorded in Foreign Direct Investment between 2017 and 2018 in Costa Rica.
Figures from the Central Bank of Costa Rica (BCCR) detail that between 2017 and 2018 the flow that reached the country fell by $608 million, from $2,742 million to $2,134 million, equivalent to a decrease of 22%.
Tourism: Investment Falls and Incentives are Reduced
Thursday, May 30, 2019
In the context of a considerable fall in foreign investment in the sector in Costa Rica, the situation could be further complicated by the elimination of tax incentives that tax reform is bringing along.
Figures from the Central Bank of Costa Rica (BCCR) detail that after reporting $443 million in foreign direct investment in tourism in 2017, this figure decreased dramatically last year, registering only $23 million.
$21 Million Investment in BPO
Monday, April 8, 2019
IBM announced that this year it plans to invest in the expansion of its Global Security Services Center in Heredia, Costa Rica.
The expansion triples its operating capacity and will mean a $21 million investment throughout 2019, informed the Costa Rican Coalition of Development Initiatives (Cinde) in a statement.
From the Cinde statement:
Costa Rica, April 4, 2019 - In an official event attended by the Government of Costa Rica and the Costa Rican Coalition of Development Initiatives (CINDE), IBM announced the expansion of the operations of IBM's Global Security Services Center, in Heredia, in the America Free Zone, from where security events are monitored for hundreds of clients in more than 130 countries.
BPO Services: New investment in Costa Rica
Tuesday, March 19, 2019
Akamai, a company dedicated to cybersecurity solutions and technical support services, invested $6 million in the refurbishment of its new headquarters in the country.
The company projects a payroll growth of around 30% at the end of 2019. The company's new headquarters are on three floors of the Roble Corporate Center.
You may be interested "Tender for Support to Passport Issuing System" and "Tender for Specialized Software Licenses".
Curbing Attraction of Foreign Investment
Thursday, February 14, 2019
Despite the location and the fiscal benefits that in some cases the countries of the region offer, the lack of education of the population will be the main barrier to continue attracting large investments.
The lack of guarantee of finding the competent and sustainable human capital necessary for the proper operation of companies is an issue that negatively influences the attraction of important investments in Central America.
New Service Center in Costa Rica
Wednesday, November 7, 2018
U.S. medical technology company Stryker announced the opening of a financial services center in the country, through which it will support its operations in the region.
From the statement of the Costa Rican Coalition of Development Initiatives:
San José, Costa Rica. November 5, 2018. Stryker, one of the world’s leading medical technology companies, announced it will open an office in Costa Rica, as it creates a hub for finance activities and services.
Costa Rica: FDI Falls 28%
Wednesday, October 17, 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.
Medical Device Plant Investment
Monday, October 15, 2018
The medical device manufacturer Precision Concepts Medical Technologies will invest $5 million in the construction and operation of a new plant in Costa Rica.
According to the Costa Rican Coalition of Development Initiatives (Cinde), the health sector company's investment will focus on the construction of a building and the implementation of state-of-the-art technology.
|
|
6966
