by Rod Hughes
Some 13 foreign companies, most specializing in high tech services, have announced plans to set up shop in Costa Rica by the end of this year, creating 2,500 new jobs, reports the Costa Rican Investment promotion Agency (CINDE).
These jobs will include systems engineers, electricians, computer experts, technical support workers, finance and administration specialists and customer support workers. The companies included Formalized, TechData, Global Insurance Technology, Teletech, Jaco Oil Company, Design Space, DHL Service Center, Future Power Industries, Deshler and Alta Nova.
The news agency ACAN-EFE reported that Global Insurance (GIT) plans to invest $250,000 in a software development center. Deshler will invest $5 million for the country’s first auto parts plant scheduled to begin operation in the last months of this year.
CINDE general director Gabriela Llobet told the news agency that this country “continues to position itself as an attractive destination for foreign direct investment, thanks to its strategic positioning, human capital political stability and economy,” Llobet recognized that the country must remain competitive and could not resist getting in a plug for passage of the Central American Free Trade Agreement (CAFTA) in October’s referendum.