- Study of Brown-Wilson Group emphasizes good business environment, low corruption, exchange rate stability and geopolitical conditions in the city of San Jose, Costa Rica
- Costa Rica ranks as one of the safest countries for investment in Central America, as risk rating firms and the Central American Monetary Council confirm
July 23, 2009
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San Jose of Costa Rica is the third safest city in Latin America for outsourcing as the Black Book of Outsourcing consulting firm Brown-Wilson Group.
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By Joaquín Tapia Arenas and Sandra Angulo Hernández
jtapia@camtic.org / sangulo@camtic.org
CAMTIC / Link Exportación
San Jose of Costa Rica is the 3rd safest city in Latin America for outsourcing after Santiago of Chile and Monterrey in Mexico and Costa Rica is also the safest country of Central America to invest, as concludes risk rating analysis.
This is what the studies "Black Book of Outsourcing" of the consulting firm Brown-Wilson Group and the analysis of risk ratings by the Central American Monetary Council confirm, respectively.
The report of Brown-Wilson Group places San Jose of Costa Rica as the world’s 13th safest city to outsource.
This study assesses issues such as economic freedom, corruption, geopolitical conditions, security and crime, security, technological infrastructure, environmental pollution, terrorism, legal system and weather conditions.
San Jose highlighted in the report primarily for its excellent business environment, low corruption, geopolitical conditions and exchange rate stability. Singapore, Dublin and Santiago are the cities located in the best places of the ranking.
High value added services
The Foreign Trade Corporation of Costa Rica (Procomer) highlighted on its website that Costa Rica, despite being a small supplier in terms of participation in the global market for outsourcing, is a provider of high added value.
According to Procomer, therein lies the importance of disseminating the results of this study, so that companies can incorporate it into their promotional strategies to its customers and for the government to add them to the country's strategy in attracting Foreign Direct Investment (FDI).
The "Black Book Research” project conducts studies and surveys on a regular basis to inform buyers, investors, users, analysts, owners, government officials, business executives and suppliers about the state of outsourcing and offshoring of industries.
Investing in Costa Rica is safe
A study by the Central American Monetary Council, released this week, described Costa Rica as one of the least risky countries to invest in Central America. This entity came to this conclusion after compiling the risk analysis applied to the countries of the region, developed by the major risk rating agencies in the market.
Moderate rate of decrease, the debt strategy and political situation builds trust between risk rating agencies such as Moody's Investor Service, Fitch Ratings and Standard & Poor's.
The study of the Central American Monetary Council discussed the environment and vulnerability of each country in the Central American region.
RELATED LINKS
Find IT outsourcing services offered by Costa Rican companies (CostaRicaisIT.net) CLICK HERE
The Black Book of Outsourcing (Brown-Wilson Group) CLICK HERE
San Jose is the third safest city in Latin America for outsourcing (Boletín Clic de CAMTIC) CLICK HERE
Outsourcing Looks Closer to Home (The Wall Street Journal) CLICK HERE
A Look at Outsourcing Vendors & Locations (The Wall Street Journal) CLICK HERE
Costa Rica among the least risky (La República, Costa Rica) CLICK HERE