Costa Rica’s human talent and advanced manufacturing won accolades while analysts argued that the country needs to invest in infrastructure and right its finances.
Costa Rica could find itself once again as a center of high-tech manufacturing, including cars and renewable energy equipment, after President Luis Guillermo Solís and Chinese President Xi Jinping signed a strategic partnership agreement that included future discussion of "special economic zones" in Costa Rica for Chinese enterprises, according to a statement from Casa Presidencial.
Last September, Hanes announced it would close nine plants in five countries and reduce its global workforce by 12 percent as part of a major restructuring effort. The company eliminated 8,100 jobs in the United States, El Salvador, Honduras and Costa Rica, and moved 2,000 jobs to Asia.
