Costa Rica Attracted $583 Million in Tech Company Investment in 2013

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    The Costa Rica News (TCRN) – Foreign direct investment (FDI) related to technology totaled $583 million during 2013 in Costa Rica, where 43 new projects in this sector were established.

    According to official information, the investment of more than 43 new projects  and the new reinvestment of companies already established in the country totaled $583 million, which also marked the opening of 7,123 jobs.

    These investments were recorded in areas related to high-tech services, such as life sciences and advanced and light manufacturing.

    “The world economy is different due to the economic crisis. In spite of this and because our country has established itself as a competitive location for FDI, Costa Rica closes 2013 with a considerable number of new tech companies,” said the Foreign Trade Minister, Anabel González.

    Meanwhile, Gabriela Llobet, Director for the investment attraction agency Costa Rican Coalition for Development Initiatives (CINDE), said the results in the field of high technology exceeded expectations were for 2013.

    Among those related to high technology that expanded operations or settled in Costa Rica this year include Zollner Electronics, Bayer, Kimberly-Clark, Pfizer, Beakert and P & G.

    According to official projections, the total foreign direct investment in 2013 will be around $2.4 billion, 8% higher than last year. (EFE)

    The Costa Rica News (TCRN)

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