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

Argentine Hope Etcheverry Advances to US Open Second Week

Tomás Martín Etcheverry carried Argentina’s flag into the second week of the US Open on Friday, defeating countryman Mariano Navone 6-4, 6-4, 6-3 in...

Forbes Puts Costa Rican Coffee Farmers at the Center of the $60 Cup

A Forbes travel feature on $60 coffee centers on a small producers association in Turrubares. Its president says the Starbucks price reported in the article likely reflects an intermediary rather than a direct sale.

Costa Rica Fines Contractor Over Long-Delayed Cartago Road

Costa Rica has started fining the company building the long-delayed Taras-La Lima highway project $20,000 for every additional day the work remains unfinished. The...

Costa Rica Opens Legal Status Path for Thousands of Foreigners

Nearly 100 foreigners applied on the first day of a new Costa Rican immigration program designed to give legal status and work rights to...

Costa Rica under green alert as Tropical Wave 40 arrives

If you have plans in the mountains, on the Caribbean coast or along the Pacific this weekend, build in some flexibility. Rain is coming,...

US Demands Nicaragua Release Brooklyn Rivera’s Relatives

The United States on Monday demanded that Nicaragua’s government release relatives of Indigenous leader Brooklyn Rivera, who died in prison three months ago. Rivera,...

Costa Rica Court Orders Protection Plan for Playa Blanca After 32-Year Delay

Costa Rica’s Constitutional Court has ordered environmental authorities to create a long-delayed management plan for the protected marine wetland at Playa Blanca, adding a...

Two Pococí Judges and a Judicial Agent Detained in Diablo Probe

Prosecutors say two judges and a judicial agent from the Pococí courts are suspected of bribery and procuring impunity for a drug trafficking group between 2023 and 2026.

Court Frees Wife of Pecho de Rata as Prosecutors Appeal

A Limon judge rejected a request to jail the wife of extradited trafficking suspect Edwin Lopez Vega for a year, imposing a travel ban instead. Prosecutors have appealed.
Avatar
🌴 The Weekly Pura Vida

Costa Rica, Once a Week

The week's top stories, weather & insider tips — delivered every Sunday. One email, zero clutter.

🔒 Free. No spam. Unsubscribe anytime.

Loading…

Latest News from Costa Rica

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