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- Photo via Intel Corporation -

Intel to invest $1.2 billion in Costa Rica

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Published on Thursday, August 31, 2023
By the A.M. Costa Rica staff

Intel Corporation, headquartered in California, has recently announced a massive investment of $1.2 billion to expand its operations located in Belen Canton, Heredia Province. 

This expansion is expected to create more job opportunities and boost the local economy.

Intel's largest and most complex operations in Costa Rica are aimed at maintaining readiness and enabling new technologies over the next two years.

The company plans to expand operations, which will help update infrastructure, technical and engineering skills. 

Ileana Rojas, the General Manager of Intel Costa Rica, stated that their objective is to maintain the highest standards of the corporation and continue as a key player in the growing global demand for semiconductors. To achieve this, it is essential to work in collaboration with governments to enhance competitiveness and streamline procedures in all the places where the company operates.

Currently, the company has 3,300 employees and 26,000 square meters of plant, as well as 17,000 square meters of laboratories for multiple software, hardware, and platform engineering operations.

They have several job vacancies including engineering, marketing, IT analysis and software architecture positions. Those interested in applying can learn more about the job openings at the firm careers website.

Even though new businesses are creating jobs, unemployment remains at 9.6%, according to the National Employment Survey. 

Data recorded from May to June 2023 shows more than 225,000 people without registered jobs. Of these, 116,000 are men, making up 51% of the unemployed people in the country.

Intel is one of many U.S. firms investing in Costa Rica. This week, the management consulting firm Auxis, headquartered in Fort Lauderdale, Florida, announced an expansion of its facilities in Heredia Province.

What have you heard about job opportunities for expats in Costa Rica?
We would like to know your thoughts on this story. Send your comments to news@amcostarica.com

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