No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

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

Costa Rica Tourism Crisis as 22,000 Jobs are Lost in Downturn

Costa Rica's tourism industry faces a sharp downturn, with roughly 22,000 jobs lost in the past year. This drop hits hard in coastal and...

Moderate Quake Off Puntarenas Coast Shakes Central Costa Rica

A 5.6-magnitude earthquake hit off Costa Rica's Pacific coast on Saturday afternoon, according to Oviscori. The tremor occurred at 12:41 p.m. local time, centered...

Costa Rican Officials Clarify Leaked Air Safety Report as Preliminary and Erroneous

Costa Rican transport officials moved quickly to address a leaked report from the International Civil Aviation Organization (ICAO) that assigned our country a failing...

Brazilian Tennis Sensation João Fonseca Reflects on Breakthrough Season

João Fonseca kicked off preseason training in Rio de Janeiro with eyes set on a strong start to 2026, a year that brings new...

Costa Rica Forecasts 40,000 Starlink Subscriptions by 2030

Costa Rica's telecommunications regulator forecasts that satellite internet connections will hit 40,000 by 2030, with Starlink leading the charge. The Superintendencia de Telecomunicaciones (Sutel)...

Dollar Hits 17-Year Low in Costa Rica as Tourism Feels the Pinch

Costa Rica's tourism industry is under pressure yet again as the US dollar exchange rate on the Monex market dropped to ₡498 last Friday...
Avatar
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Rocking Chait
Costa Rica Travel

Latest News from Costa Rica