August 2023. The annual report entitled “Foreign Direct Investment (FDI) in Latin America and the Caribbean 2023 ,” presented by the Economic Commission for Latin America and the Caribbean (ECLAC), conducted an analysis of FDI attraction, demonstrating that 71% of the components analyzed correspond to reinvestment of profits. In other words, companies already present in the country are choosing to reinvest.
On a regional level, Costa Rica continues to outperform other Central American countries, reaching nearly $3.7 billion in Foreign Direct Investment in 2022, mostly coming from the United States. ECLAC has emphasized the significance of the Medical Devices sector in connection with this growth, which represents most of the exports (41%) of the country.
This percentage of reinvestment indicates that companies already based in our country have confidence in the established system for its operations, thus creating an opportunity for those who have not decided yet where to set up.
Evolution Free Zone is a high-tech business park that offers excellent conditions for those seeking to make the most of these attributes. Notably, our strategic location in Tacares de Grecia, in the province of Alajuela, is just 15 minutes away from the Juan Santamaría International Airport.
Additionally, Evolution has direct access to Route 1 and connections with Route 27 and 32, the most important routes to reach the country’s main ports.
Furthermore, those who establish their businesses with us will have the opportunity to customize their facilities with infrastructure that meets the highest quality standards, special benefits from the Free Zone Regime for companies outside the Greater Metropolitan Area, and a robust workforce that, according to our estimates, will reach around 20,000 people within the next 15 years.
You are just one step away from making your business a reality. Contact us here.