Terumo Blood and Cell Technologies, a US-based subsidiary of the Japanese Terumo Corporation, will open a factory for the manufacturing of medical devices in Costa Rica.
Costa Rica ranks 14th globally and second in Latin America for the export of medical equipment, according to the Foreign Trade Promoter of Costa Rica (PROCOMER).
The dynamism of the export sector made it possible to cushion the economic impact of the pandemic, which led to a projected fall of 4.5% in GDP in 2020.
Japan’s Agriculture Ministry this week announced that Costa Rica is free of swine flu, which for local producers means they now have open doors for exporting pork to the Asian giant.