Free Ports Buy More "Local"

©image: Max Klingensmith

Nor the uncertainty of the status of the Free Port Zone Law, which is stuck in Congress, nor the impact of the global crisis that has caused exports at Costa Rican free port zones to fall 16% in the first quarter of 2009 have reduced the determination of these businesses. Furthermore, they have found a very good way to decrease costs by including local businesses in the chain of production.

According to an article by Gilda González Sandoval in Elfinancierocr.com, "the expectations for the third quarter and, above all, for the fourth quarter of this year are for a light recovery. This was reported by the managers of companies that were consulted by EF and the project to Promote Foreign Trade. Growth is expected to be reflected mainly in electronics and medical devices, which are the sectors that maintain the greatest percentages of total exports. The first is at 47.62% of total exports and the second is at 21.98%."

Source: elfinancierocr.com

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