According to the World Economic Forum, Costa Rica leads the region in applied Research & Development with innovative
strategies flowing straight from the universities into the industries.  - CINDE photo -
































 





Published Thursday, October 15, 2020



Costa Rica is the center of ICT
companies, says agency




By the A.M. Costa Rica staff

Costa Rica is fast becoming Latin America's biggest hub for all things digital, with over 300 experienced Information and Communications Technology companies, known as ICT, the Costa Rican Investment Promotion Agency, CINDE, said on Monday

According to the agency, the country's ICT companies offer specialized software engineering, app development, video games and animation, digital content production, cloud technical support, and nearshore talent outsourcing, among others.

Costa Rica's gaming industry offers a variety of original IP's for commercial and advertising markets. "Amazing country, passionate people, and a depth of talent that is very impressive," a recent Canadian Trade Mission Participant said. "I planned to meet, listen, and evaluate, but it became clear very quickly that certain companies were ready for business now!"

Perhaps the nation's biggest asset is its exceptional multi-talented and bilingual workforce, CINDE said in its statement. "The government's decades-old promise to put education first and foremost has reaped highly trained professionals from a robust university system capable of applying the latest technology available."

According to the World Economic Forum, Costa Rica leads the region in applied Research & Development with innovative strategies flowing straight from the universities into the industries.

According to CINDE, companies looking to partner in the Americas will find that Costa Rica's strong democratic principles and its stable business environment reduce long-term operational risks.

"Furthermore, existing national policies to promote sustainable economic development, social progress, and environmental conservation appeal highly to remote workers and stakeholders alike," the agency said.

San Josť has been hailed among the top 10 small and medium cities of the world for its economic potential, human capital, and lifestyle, according to an FDI Global Cities of the Future report. People want to live and work in Costa Rica, and they bring their businesses with them.

"Costa Rica has become a regional hub for delivering excellence," said Pedro Beirute, CEO of the government agency responsible for promoting Costa Rica. "We provide a mature environment for complex business processes and are the top exporter of value-added services in the region."

According to Beirute, 88% of companies in the ICT sector are experienced in working with international markets.

"Tourism, direct foreign investment opportunities, and the exportation of superior-quality agricultural and manufactured goods all draw serious attention from the global community," Beirute said.


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What improvements should the government make in the sector of technology to attract more companies and foreign investment? We would like to know your thoughts on this story. Send your comments to news@amcostarica.com


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