HomeArchiveService Firms in Free Zones Continue to Expand

Service Firms in Free Zones Continue to Expand

The Costa Rican Investment Board (CINDE) expects the 61 multinational service firms operating in the country’s free zones to generate $773 million in exports this year, an increase of 28 percent over last year, reported the daily La Nación.

The sector has been growing by about 30 percent a year since 2002. These companies provide services for their parent companies regional or global operations (captive operations) or for other firms (outsourcing), which is the case of most call centers operating in the country.

Service firms located in the country export software, conduct financial analysis for their parent companies, provide technical support for their parent companies’ customers, and provide graphic, architectural and engineering design services.

 

Trending Now

For the First Time, Women Lead All Three Branches of Costa Rica’s Government

Patricia Vargas's election as Supreme Court president means women lead all three branches of Costa Rica's government.

Costa Rica Banks Rank Second Only to Argentina for Dollar Risk, Moody’s Says

Costa Rica's banking system is among the most exposed in Latin America to a sudden squeeze on dollar funding, second only to Argentina, according...

Costa Rica’s Children’s Hospital ICU Is Full as Respiratory Viruses Spread

The ICU at Costa Rica's national children's hospital is full, with 18 children on ventilators. Here is how to protect your child.

Rincón de la Vieja Could Be Settling Down or Building Toward Bigger Eruptions

Rincón de la Vieja is erupting less often and with less force than it did over the summer. Scientists say that does not yet...

JetBlue First Class Is Coming to Three Costa Rica Routes This Winter

JetBlue's BlueFirst first class reaches Liberia Dec. 26 and San José Jan. 5. Here is what the new cabin includes.

Free Museums, Films and Music Fill Costa Rica’s Weekend Calendar

Costa Rica is offering a wide range of free cultural activities this weekend giving everyone an opportunity to enjoy live music, movies, theater, traditional...

What Driving to San Ramón Could Cost You Each Month in New Tolls

If you drive Route 1 between San José and the Western Valley, the planned expansion to San Ramón will come with four toll stations....

Beachfront Lights Are Driving Sea Turtles Away From Costa Rica’s Nesting Beaches

Artificial light from hotels, homes and streets can keep female sea turtles from nesting and send hatchlings inland. A CREMA biologist says nesting has dropped at Tamarindo and Santa Teresa.

Costa Rica Gets Five Weekly Nonstop Flights From London Heathrow

British Airways now flies nonstop between London Heathrow and Costa Rica five times a week, and for the first time the route will run...
Loading…

Latest News from Costa Rica

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