WHY COSTA RICA?

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COSTA RICA

FACTS & FIGURES

Costa Rica brings together scientific capacities,infrastructure, equipment, and a world-class business network for establishing partnerships and investments. A leading destination for life sciences offering the best quality of scientific research in Latin America .

COSTA RICA

RANKS
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.

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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.

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Why Costa Rica?


A strong scientic network for business - partnership, manufacturing and services opportunities.
Currently, almost 300 high tech multinational companies are operating in Costa Rica.
Excellent business climate, rooted on a consolidated democratic tradition, economic and political stability.
Exceptionally talented and bilingual young workforce. Almost 100% of the employees in multinational companies are local.
Solid infrastructure. More than 90% of energy is renewable.
Preferential access platform to 1/3 of the world’s population, and 2/3 of the worldwide GDP. Most of the exports of goods are covered by free trade agreements (86%).

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.