The Costa Rica News (TCRN) – Of the total Foreign Direct Investment (FDI) received by Costa Rica during 2013, one-third now comes from Latin America, while ten years ago the region only represented about 18 percent of the total FDI.

Data from the Central Bank of Costa Rica (BCCR) shows that in total Costa Rica saw $726 million from these nations, of which $441.4 million came from Central America and $284.9 million came from the rest of Latin America. Panama and Mexico were the most invested countries for Costa Rica, with $283.2 and $147.2 million respectively.

According to the Minister of Foreign Trade, Alexander Mora, the investment growth from Latin America is framed in a context in which the region is having an expansionary phase, due to increased international demand for raw materials. (Amelia Rueda)

The Costa Rica News (TCRN)

San Jose, Costa Rica