HomeArchivePresident Appeals to Prospective Investors

President Appeals to Prospective Investors

A theme of social responsibility ran through President Oscar Arias’ recent speech to prospective investors at the Second Annual Costa Rica Tourism Investment Summit. He called tourism the “driving force” behind the development of the country, and emphasized that such power comes with serious responsibilities.

“The Costa Rican dream obligates us to look past the limits of our hotels, and our businesses.We shouldn’t be asking only ‘how can we build more, or taller, hotels,’ but also, ‘how can we raise the standard of living of our citizens,” Arias said.

The two-day event, held at the Inter-Continental Hotel in Escazú Feb. 20-21, attracted upwards of 300 hotel-owners, consultants, developers, bankers and investors from all over the world and featured a series of seminars on understanding Costa Rica’s complex business and environmental laws, sustainable tourism, U.S. marketing techniques and updates on countrywide infrastructure projects.

The seminars, according to Arias, were intended to help potential investors make the most of the country’s stable political and economic environment, in a sustainable manner, for the benefit of both foreign visitors and Ticos.

Arias pleaded with prospective developers to respect Costa Rica’s environmental laws, which he said are critical to the future well-being of tourism and quality of life in Costa Rica.

“If there is anyone interested in the conservation of Costa Rica’s natural resources, it’s the businessmen who earn their living from them,” he said.

 

Trending Now

Protest Caravan to Santa Ana Could Slow Traffic West of San José

Shuttle drivers roll from La Sabana to Santa Ana at 7:30 a.m. over new 2027 marchamo fees. Expect delays.

Alcaraz Wins First Paris Masters Title Ahead of ATP Finals

Carlos Alcaraz won his first Paris Masters title Sunday, beating American Ben Shelton 7-6 (5), 7-5 to claim his fifth trophy of the season...

Local Elections Drove Costa Rica’s CPTPP Reversal, Sources Say

Concerns about the 2028 municipal elections helped drive Costa Rica's decision to abandon its bid to join the Comprehensive and Progressive Agreement for Trans-Pacific...

Red Tide Spreads in Costa Rica’s Gulf of Nicoya and Cooking Won’t Make Shellfish Safe

SENASA widened the Gulf of Nicoya red tide ban. Cooking doesn't make oysters, mussels or pianguas safe.

Two Bull Sharks Found Dead in a Guanacaste Estuary They Had Never Been Known to Enter

Two bull sharks, rays and fish were found dead in a sand-blocked estuary at Playa Langosta near Tamarindo. Environmental authorities are investigating the cause.

Guards Find Sharpened Spoons as Costa Rica’s Megaprison Tops 600 Inmates

Costa Rica's new maximum-security prison held more than 600 inmates by Tuesday, eight days after the first transfers. Guards there have already found weapons...

Pacific Low Has a 60% Chance of Turning Tropical as Costa Rica Braces for Rain

A low off Central America's Pacific coast now has a 60% chance of becoming a tropical depression, and heavy rain could reach parts of the region through the weekend. With soils already up to 90% saturated, here is what to expect and how to plan.

A Proposed 15% Tax Would Reach Costa Rica Residents’ Foreign Dividends and Interest

Costa Rica residents who earn interest, dividends, rent or capital gains outside the country would pay a 15% tax on that income under a...

Costa Rica Unemployment Climbs to 6.5% With 20,000 More Out of Work

Costa Rica's unemployment rate rose to 6.5% in the July-to-September quarter, up from 5.7% a year earlier, according to the National Institute of Statistics...
Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Car Rentals
Costa Rica Travel Insurance
Costa Rica Travel