No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeTopicsBusinessPresident Solís seeks meeting with Intel reps during US trip

President Solís seeks meeting with Intel reps during US trip

President Luis Guillermo Solís said he would meet with leaders from Intel in Palo Alto, California, during his first trip to the United States since taking office in May. The president will travel to Palo Alto on Monday, June 9 before flying to New York.

Soon after Solís won an April 6 runoff election in Costa Rica, the microchip giant Intel announced the closing of its manufacturing facility here, which employed some 1,500 people. Intel said it would maintain its design and engineering facility in Heredia, north of the capital.

“I hope that these meetings can give me a more complete understanding of the decision [to leave Costa Rica] and any future activities this company could have in this country,” Solís said Tuesday during his weekly press conference at Casa Presidencial, in southeastern San José.

CINDE, a private organization dedicated to attracting foreign investment to Costa Rica and organizing the president’s U.S. trip, told The Tico Times that it could not yet confirm the meeting in Palo Alto, but that the schedule was still being finalized.

Solís added that CINDE and the Foreign Trade Ministry were in talks with Intel to explore other opportunities for the company to expand its presence in Costa Rica.

Intel’s manufacturing facility accounted for nearly 20 percent of Costa Rica’s exports in 2013.

CINDE said the Costa Rican delegation had a confirmed meeting with Hewlett Packard among other U.S. companies in life science, manufacturing and corporate services while in New York.

Solís then will travel briefly to Washington, D.C., to attend a business event at the Organization of American States. The president said it is unlikely he would meet with U.S. President Barack Obama, but he didn’t rule out the possibility.

The president will return to Costa Rica on Friday, June 13.

 

Trending Now

Panama Reports Rising Criminal Pressure as Cocaine Flow Surges

Panama ruled out on Wednesday that the Gulf Clan, Colombia’s largest drug-trafficking cartel, maintains a permanent presence in its border areas, though it reported...

Alaska Airlines Launches Year-End Costa Rica Airfare Sale

Travelers eyeing a trip to Costa Rica now have a chance to book flights at reduced rates through Alaska Airlines' latest promotion. The airline...

Kyrgios Claims Victory Over Sabalenka in Dubai’s Modern Take on Tennis Showdown

In a spectacle that blended high-level tennis with plenty of showmanship, Australian star Nick Kyrgios emerged victorious against women's world number one Aryna Sabalenka...

Costa Rica Slides Further in Global Fight Against Organized Crime

Costa Rica has fallen to 58th place out of 193 countries in the 2025 Global Organized Crime Index, a drop of 14 positions from...

Deadly Rip Currents Claim Three Lives at Costa Rica’s Esterillos Beach

A tragic incident at Esterillos Este beach underscores the ongoing dangers of rip currents along the country's Pacific coast. The Costa Rican Red Cross...

U.S. Congresswoman Marjorie Taylor Greene Visits Costa Rica for Holiday Break

U.S. Congresswoman Marjorie Taylor Greene, a Republican from Georgia, has chosen Costa Rica for her Christmas vacation this year. She arrived with her fiancé,...
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica