WHY COSTA RICA?
COSTA RICA
RANKS
#1 in Quality of scientific research institutions
#2 in availability of scientists in Latin America
#2 medical devices exporter in Latin America since 2010
Source: World Economic Forum, 2017-2018
We are a nation that values excellence and embraces opportunities. We are a world-class location, open for business, offering preferential access to the world’s global markets through several Free Trade Agreements.
During the last decade Costa Rica has witnessed a steady growth in foreign direct investment (FDI), growing at an annual rate of 2% since 2008, thus representing 4.7% of its Gross Domestic Product (GDP). Even more, FDI reached US$554 per capita, making Costa Rica rank among the top countries in Latin America in both indexes.
With an ongoing effort to broaden the scope of its supply of goods and services, Costa Rica has also focused on introducing technology solutions in its productive scheme for higher value-added industries. As a matter of fact, biotechnology and nanotechnology sectors promise a great potential for achieving this goal. We have 5% of the world’s biodiversity and +3.6 million geo-referenced species in the country, along with a dynamic schooling sector, and its highly qualified human resources.
As for foreign trade, exports of goods and services have also experienced a steady growth, with an average annual rate of 5.7% since 2013
During 2017 Costa Rica exported 4390 products to 150 countries. Exports of Medical Devices and Pharmaceuticals represented 28% of Costa Rica’s total exports of goods in 2017. Exports of life sciences products (medical devices) have grown 13% in the last decade.
Costa Rica is a cradle of human talent for those who seek excellence. We are proud, educated people, who embrace challenges, learn quickly and welcome new opportunities. A nation with a solid government; and a rather strong support for health, education and the pursuit of self-development.
We offer a convenient interinstitutional collaboration with a multidisciplinary team of experts in electronics, biomedicine, biotechnology, materials and agriculture or environmental applications.
2. World Economic Forum, 2017-2018
A long standing-democracy, a free and mandatory educational system since 1870, and no army since 1949, allow us to invest 7.1% of our GDP on education and 10.9% on health. We continue to build on our vision by fostering the #1 educational system and #1 industry-academic collaboration in Latin America to boost our people’s success.
Why Costa Rica?
LIFE SCIENCES
HIGHLIGHTS
Costa Rica has over 50 years of life sciences track record, both in research and in business experience. The existence of quality infrastructure and a strong knowledge base of scientists makes Costa Rica an interesting partner. There is a skilled workforce compliant with GMP, ISO standards as well as FDA and CE-mark regulations.
BIOTECHNOLOGY COMPANIES
& BUSINESS ORGANIZATIONS
Let's talk and learn how through PROCOMER we simplify and facilitate the contact of your company with the best of the Costa Rican offer.
