Costa Rica pursues new investments through four simultaneous events in strategic sectors

By IDEAS

Source: PROCOMER

The Costa Rican Foreign Trade Promotion Agency (PROCOMER) has intensified its efforts to attract foreign direct investment (FDI) by participating in four key events: the Web Summit 2024 in Lisbon, Portugal; the Caribbean Hotel Investment Conference & Operations Summit (CHICOS) in the Caribbean; the MEDICA trade fair in Düsseldorf, Germany; and SEMICON Europa in Munich, Germany.

Held from November 11 to 14, 2024, these events were part of PROCOMER's strategy to position Costa Rica as an ideal destination for investment in strategic sectors: information and communication technologies (ICT), tourism infrastructure, medical devices, and semiconductors.

PROCOMER organized meetings with potential investors and representatives from strategic industries at each of these events. Additionally, networking activities were conducted to showcase Costa Rica's business opportunities and foster direct connections with companies. These efforts were complemented by prospecting strategies to identify and attract potential leads.

According to a recent article by the BBC, Costa rica is now attracting billions of dollars in foreign investment, with several sectors growing at a record-breaking pace. "Costa Rica, renowned for its biodiverse rainforests, iconic sand beaches, and status as a year-round surfer's paradise, is also a dynamic hub for global manufacturing, life sciences, and technology brands," the article states.