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Costa Rica: Next Wave Solutions Towards Industry 4.0

CINDE

White Paper by

CINDE

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In the wake of Covid-19, businesses are accelerating efforts to mitigate risk, increase flexibility, shorten supply chains, and become better global citizens, all without compounding the disruption already wrought by a global pandemic.

With well over 300 multinationals now active in Costa Rica, including 29 of the Fortune 100, Latin America’s oldest democracy is keen to demonstrate why it is uniquely well placed to help investors rise to those challenges.

Costa Rica-based businesses are granted preferential access to 2.8 billion people and 75% of world GDP, while “The Free Trade Zone Regime” offers an array of incentives and benefits, including 100% income tax exemption for the first eight years of operation – and 50% for the following four.

“Costa Rica: Next Wave Solutions for Industry 4.0” looks at the sectors, trends, priorities and principles that have helped deliver this FDI success story – and the human and technological talent preparing to drive the next phase