New IT services center to open in Costa Rica

British company Rule Financial, a global business consulting firm on software development and technology services on Thursday announced the opening of its first office in Costa Rica on Oct. 1.

Over a three-year period, Rule Financial expects to create some 300 new high-tech jobs in the country.

The announcement was made in New York during one of four business meetings Costa Rican President Laura Chinchilla and Foreign Trade Minister Anabel González held with business leaders. The meetings were organized by the Costa Rican Investment Promotion Agency (CINDE).

Rule Financial center in Costa Rica plans to serve its customers in Canada and the United States, including nine of the top 10 global investment banks.

“We recognize this great opportunity offered by talented Costa Rican human resources as well as the great social and economic environment in Costa Rica,” said Chris DeBrusk, Rule Financial’s manager for the Americas.

CINDE Director Gabriela Llobet highlighted the speed at which Rule Financial chose to expand in the region. That type of expansion to new markets can take up to 24 months, but for Rule Financial, it took only a few months, she said.

On Thursday night, Chinchilla was scheduled to attend another business dinner with 30 U.S. business leaders.