President Oscar Arias cut the ribbon Tuesday at the inauguration of the new offices of Oracle, one of the world´s largest business software companies.
The ceremony took place at the new 3,000-square meter office complex in Santa Ana, located in the Forum II free-trade zone. Oracle has invested over $100 million in its Costa Rica expansion.
“We are thankful Oracle has chosen to expand their operations in Costa Rica,” Arias said at the ceremony. “It gives us one more sign that our efforts and sacrifices are continuing in the right direction, in the direction of development and modernity.”
Arias indicated that further economic stimulation, such as the investment of Oracle, will help alleviate the effects of the economic crisis. Oracle, which is based in California, will employ 230 people at the new location. Oracle´s other Costa Rican offices are located in downtown San José.
Eric Brenner, the vice president of industries for Oracle in Latin America, explained that the reason for the expansion is the ease of doing business in Costa Rica. Brenner said the cooperative demeanor of the people and the country´s established social and legal systems encouraged Oracle to commit to the expansion.
“Costa Rica has provided us with the conditions to offer a world class service,” said Brenner.
Oracle currently provides software for several Costa Rican organizations, including the University of Costa Rica, the National Biodiversity Institute, the Coffee Institute of Costa Rica and the Costa Rican Water and Sewer Institute, as well as many others.