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Costa Rica: A leader in Workforce Development for 4.0 Industry
Focused on attracting foreign investors and multinational companies, Evolution Free Zone positions itself as a key player in the country’s growth history.
December 2023. In the ever-evolving landscape of global industry, Costa Rica has emerged as a prominent player, thanks largely to its relentless commitment to developing a highly skilled and adaptable workforce.
This dedication to nurturing talent in the age of Industry 4.0 has set the stage for attracting Foreign Direct Investment (FD) foreign investors. As stated by Álvaro Carballo, President of CODE Development Group , “Costa Rica’s emphasis oncommitment to developing talent in Industry 4.0 is a cornerstone of our success.”
Focused on attracting foreign investors and multinational companies, Evolution Free Zone positions itself as a key player in the country’s growth history.
Costa Rica’s Pioneering Approach to Education:
The journey of Costa Rica towards becoming a talent hub began long ago, when the vital role of education was recognized. In 1869, the country made education mandatory and, notably, made it free for all its citizens. Furthermore, Wwith the visionary decision to abolish the army in 1948, Costa Rica channeled its resources into education, consistently allocating an average of 7% of the country’s GDP to this cause.
As a result of this forward-looking approach, Costa Rica has consistently ranked as the top Latin American country in human capital, workforce skills, and quality education, as per the World Economic Forum’s 2019 Global Competitiveness Report . Today, the country’s vast pool of human talent stands out as a key competitive advantage for attracting foreign investors.
Costa Rica’s long-term commitment to education and talent development is reflected in the pool of highly skilled workers that will be available in Evolution Free Zone.
Industry 4.0 Talent Development:
Talent development is not a one-time effort but a continuous process that requires a deep understanding of emerging trends and future demands. In the era of Industry 4.0, skills in STEM (Science, Technology, Engineering, and Mathematics) areas, critical thinking, problem-solving, and technical abilities related to automation, smart manufacturing, and digital expertise are highly sought after.
Companies in Evolution Free Zone benefit from state-of-the-art infrastructure and support services. These innovative work environments create a conducive atmosphere for businesses to thrive and grow. From advanced manufacturing facilities to cutting-edge technology, Evolution Free Zoneour facilities offers a platform for companies to achieve their goals.
Costa Rica’s commitment to developing talent in Industry 4.0 is not just a national goalobjective; it stands as but a remarkable success story. Its emphasis on education, collaboration between the public and private sectors, and innovative approaches to attracting remote professionals have positioned it as a thriving talent hub.
As it continues to evolve and adapt, Costa Rica remains an attractive destination for investors in advanced manufacturing, life sciences, and digital technologies, underlining its position as a global leader in Industry 4.0 talent development.
The benefits of Evolution Free Zone are clear – it’s not just a location; it is a catalyst for success of next-generation free zones. As Costa Rica’s dedication to talent development, education, and economic growth continues to evolve, our Park stands as a testimonial to the country’s commitment to creating a dynamic and prosperous business environment.
For those looking to position their businesses at the forefront of Industry 4.0 , Evolution Free Zone offers an exceptional opportunity to flourish and prosper in a rapidly changing world.
