No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

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

Costa Rica Reports First Chikungunya Case in Nine Years

Health authorities in Costa Rica reported the first chikungunya case in nine years. The patient, a 24-year-old man from Esparza in Puntarenas province, tested...

Canatur and FECOP Urge Coastal Costa Ricans to Vote in New Turnout Drive

Canatur and the Costa Rican Federation of Sport Fishing, FECOP, have launched a joint campaign aimed at boosting voter turnout in Costa Rica’s coastal...

El Salvador Protesters Demand End to Bukele’s State of Emergency

Hundreds of demonstrators took to the streets of San Salvador on Sunday, calling for an end to President Nayib Bukele's state of emergency. The...

Costa Rica Braces for Weekend Chill with Valle Central Temperature Drops

Costa Rica residents and tourists alike face colder mornings through the weekend, with temperatures in the Valle Central dropping by up to 4 degrees...

Cerundolo Upsets Rublev to Reach Australian Open Fourth Round

Argentine Francisco Cerundolo delivered a strong performance to knock out Russian Andrey Rublev in the third round of the Australian Open on Friday, getting...

Costa Rica Faces Job Losses as Amazon Slashes Thousands in Global Overhaul

Amazon confirmed that its latest round of job cuts has reached Costa Rica, where the company operates one of its largest hubs outside the...
Avatar
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica