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

Bailey Turner Claims Gold in Peru While Costa Rica’s Juniors Make Their Mark

Huntington Beach’s Bailey Turner secured the girls’ under-16 gold at the 2025 ISA World Junior Surfing Championship, posting a two-wave score of 13.07 to...

Fitch Keeps Costa Rica at ‘BB’ Rating with Positive Outlook

Fitch Ratings has confirmed Costa Rica's long-term foreign currency issuer default rating at 'BB' and kept the outlook positive. The decision points to steady...

FIFA Lowers Some 2026 World Cup Prices Following Global Criticism

FIFA has rolled out a new ticket pricing option for the 2026 World Cup, setting some seats at $60 for supporters of qualified national...

How does Trump’s blockade affect Venezuela’s oil?

A U.S. blockade on oil tankers entering or leaving Venezuela would likely trigger a steep drop in exports, with experts estimating reductions of up...

Honduras Sticks with Nighttime Border Shutdowns, Complicating Travel for Visitors

Travelers heading to Honduras face ongoing hurdles at land borders, where officials shut down crossings each night. The country's immigration service halts operations for...

What to Know About Costa Rica’s Gordo Navideño Lottery

Today marks the day thousands across the country have waited for: the draw of the Gordo Navideño 2025. Run by the Junta de Protección...
Avatar
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica