Great Metropolitan Area will host new industrial parks │ Costa Developers

Free Zone and Business Park,

New industrial parks will begin construction in the next few years in different sectors of the greater metropolitan Alajuela, Santa Ana, Heredia.

One of the industrial parks will be installed in the province of Alajuela in the sector of El Coyol, an area that has been characterized by attracting businesses of real estate and commercial investments, there will be located Life Free Zone and Business Park, which will be built in 10 years and will have 8 stages.

In Alajuela is also installed Green Park, in the District of Ulloa in Heredia Tech Park and a quarter will occupy a space in Wells of Santa Ana Lindora Park.

These four real estate developments are at the stage of proceedings and subsequently will be included in the list of industrial parks suitable for foreign companies seeking to invest in the country.

To start the facility, companies must first pass the stage of building permits and environmental, is expected to start operations during the second half of the 214 and the first six months of the year 2015.

Green Park for example, is led by group developer of industrial parks S.A., represented by Oller lawyers in the country, and its investment comes from El Salvador, in accordance with their representatives.

For its part of the project Life Free Zone and Business Park is represented by Cuestamoras real estate Sector and is developed in association with Garnier and Garnier.

This last will occupy an area of 50 hectares in El Coyol, according to the Director, Luis Montero, will begin the first of eight stages in the second half of 2014.

"Segment of Life is quite similar to the of the Coyol free trade zone, there are no major differentiators between the two, with the exception of the tracts of land into lots," said Montero.

In the case of Lindora Park, will feature six stages, will include a Centre offices of 10 buildings and common green areas.

According to data from the trade promoter (Procomer) in Costa Rica, there are at least 36 industrial parks, most of them under the free zone regime.

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Zöllner German company will be installed in Costa Rica with a $10 million investment │ Costa Developers

maxres

Firms settle in Costa Rica for different reasons, as the skilled labour.

Zollner Elektronik AG is a German company that will begin operating in Costa Rica soon.

The company announced on Wednesday that it will open a plant manufacturing and support services in the country, this will be the first plant of operations that installs Zöllner in Latin America.

According to the Costa Rican Coalition initiatives (CINDE) the installation of the plant will have an investment of 10 million dollars from the company, what you include from the purchase of the equipment, the construction of all its facilities physical, from this place provide services of engineering, development, support, and research. It will provide support to the US operations for Zollner based in California.

In accordance with the company aims to generate 200 jobs during the next three years, and this will include posts from management, human resources, technical and manufacturing personnel.

Gene Lindberg Gerente General de Zöllner CR Ltd, said that the company created an email address where you will be receiving resumes of people who are interested in applying to the various posts to jobs@zollner.cr.

"Post offices must indicate salary expectations and must include the name of the job for which you want to participate, followed by the first name in the subject of the email", said Lindberg.

Anabel González, Minister of Foreign Trade said that the arrival of this company "is a clear example of the diversification of the sources of foreign direct investment that Costa Rica has been able to attract".

Gonzalez also emphasized that a total of 40 new projects of high-tech direct foreign investment came to the country, coming from non traditional markets such as Japan, Korea of the South, India, Italy and Germany.

Last year's Costa Rica received a total of $2.265 million in FDI, 5% more than during 2011, according to official data, provided by La Nacion.

In the first quarter of 2013 FDI reached $866,3 million, up 41.3% obtained during the same period from 2012.

According to the company, Zöllner release is within the top 15 companies worldwide in electronics manufacturing.

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English company starts operations in Costa Rica

imats

Costa Rica is known for attracting foreign investment in different industries

IMATS show is one of the latest companies to announce that it will begin operations in the Central American country. This company is dedicated to the plastics molding and injection processes.

The new plant of IMATS show opens in the province of Carthage and will be a modern establishment of 850 square meters.

Its homologous company in England, ClemCleat is originally from Herftforshire, England and has been on the market for 45 years. This signature will arrive in Costa Rica to attend companies engaged in manufacturing technology.

At the beginning this company will provide parts of plastics which will use engineering VITEC, which is a leader in advanced manufacturing, produces in Costa Rica elements in the film, aerospace, industry Government and photographic has been in the country since 1985.

The English company will also work directly with other suppliers of VITEC, which are related to production processes.

"IMATS show is a clear example of the diversification of Costa Rica has experienced in the origins of the foreign direct investment received." Similarly, installation of this company is a sample of the chain nationally and internationally that generate the multinationals that operate successfully in Costa Rica as a VITEC have steadily grown and have been consolidated on national soil," says Gabriela Llobet, Director general of the Costa Rican Coalition for development initiatives (CINDE) in Revista Summa.

Under the company ClamCleat has been exported previously products to VITEC in Costa Rica during the last 10 years and with the opening of IMATS show deepens the business relationship with Costa Rica.

In the same way, the operation in Costa Rica will allow lIMATS to acquire additional production capacity and expand its services to new markets.

"The new plant in Costa Rica will allow us improve customer service, increase capacity, reduce delivery times and offer cost efficiency. We are proud to expand our operations in this country and thus better serve our customers," said Julian Emery, co-Chair of IMATS show to Revista Summa.

IMATS show currently has eight people in its initial phase and a projection of growth to 20 by the end of 2013.

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Presidente of China will visit Costa Rica to promote cooperation mutual

Xi Jinping and laura chinchilla

Trade relations between China and Costa Rica were consolidated during the Government of former President Oscar Arias

The President of China, Xi Jinping will visit the city of San José, Costa Rica from 2 to 4 June as part of his tour of Latin America, announced President Laura Chinchilla.

One of the main objectives of the visit of the Chinese President is mutual agreements between the two countries, especially on investment in infrastructure, clean energy and education area.

Already been in Costa Rica about the investment that plans to make the Chinese Government in the construction of a road in the region of the Costa Rican Caribbean, this investment amounts to $400 million.

Since Costa Rica established relations with China, approximately seven years ago, the Government of the Asian giant has generously cooperated with some US$ 500 million to various projects in Costa Rica, in addition to the free trade agreement that exists between the two Nations.

The President Laura Chinchilla describes relations between Costa Rica and China as a luxury, since he says that few countries can be given the opening to important groups in the Asia-Pacific sector.

The visit of Jinping will be characterized by the conversations and search for agreements on issues such as the development of an exclusive economic zone, to attract foreign investment and generate an export platform to other countries in the world.

"China is critical for us," says President Chinchilla, who seeks that Costa Rica is part of the most recognized groups of economies around the world.

Costa Rica maintains excellent trade relations with China, who in turn has been responsible for investments in Costa Rica, not only in the real estate industry but also in means of transport, promotion of education through scholarships, among others.

Due to the great influence and strengthen the relations between the two countries, Costa Rica inaugurated at the beginning of the year 2013 Chinatown located in the capital San Jose.

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