Costa Rica is the second most attractive country for investment in Central America and the Caribbean

Costa Rica stands out as a favorite destination for foreign direct investment due to the quality of its human talent and its business friendliness, fDi Magazine noted in its study.

• fDi Magazine highlights the availability and quality of human resources in Costa Rica
• Costa Rica beats Panamá and the Dominican Republic in attracting foreign investment
• fDi Magazine presented results of the first fDi Countries of the Future Award 2009-2010

August 19, 2009

Sandra Angulo Hernández | sangulo@camtic.org
Link Exportación Consultant, CAMTIC

Costa Rica is the second most attractive destination in Central America and the Caribbean for Foreign Direct Investment (FDI) as pointed out fDi Magazine, a publication produced by Financial Times Publishing Group and specialized in the issue of foreign investment.

Costa Rica is ranked number two, just three points behind Puerto Rico, in the study "Future Countries for Foreign Investment 2009-2010", which is held every two years and analyzes seven categories: economic potential, human resources, cost effectiveness, quality of life, infrastructure, business friendliness and Foreign Direct Investment (FDI) strategy.

The Costa Rican Investment Promotion Agency (CINDE, by its acronym in spanish) noted that Costa Rica has beat countries like Dominican Republic and Panama in variables such as the availability and quality of human talent. In addition, it ranked second in the region in the category of FDI strategy and ranked as the third destination in economic potential.

“Costa Rica performed consistently well across most categories, ranking in the top five in the areas of economic potential, quality of life, business friendliness, human resources and FDI strategy”, pointed out the article published by fDi Magazine last August 18, 2009.

The judging panel of the first "Countries of the Future fDi Award 2009-2010" was composed by the director for Latin America of Moody's Economy.com, Alfredo Coutino, the owner of the firm Consulting Bowers, John Bowers and the head of Investment Banking RBTT Menchant Bank Limited, Darryl White.

“FDI Countries of the Future shortlists are created by in independent collection of data by fDi Benchmark across 31 Caribbean and Central American countries”, explained fDi Magazine.

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