FDI Increases by 45% in Costa Rica

In the first six months of the year the country received $1.057 million in foreign direct investment (FDI).

Tuesday, October 4, 2011

These figures show that the government has reached 57% of the target it set for this year of $ 1,850 million.

The highest revenues raised came from the manufacturing sector, with 36% and services sector with 33%.

"Despite this dynamism, for now the outlook is more uncertain due to the financial vicissitudes of the U.S. (largest issuer of FDI in the country) and the European Union.

"We still cant predict whether there will be a dip in the influx of FDI. For now we have positive numbers and are very happy with this first semester", said Gabriela Llobet, director of the Coalition for Development Initiatives (INCD in Spanish), the entity in charge of attracting investment", reported Nacion.com

More on this topic

Foreign investment in Panama increases 32.8%

October 2008

Foreign Direct Investment (FDI) that entered Panama during the first half of the year reached $100 million.

This is increase is due mainly to the investments and re-investment of earnings by banks with general license that are operating in the country.
The construction sector, expansions, and new port infrastructure, the new cellular bands and the electricity generation projects have also attracted huge volumes of foreign capital this year.

Foreign Investment up 16% in Guatemala

December 2008

This year the flow of Foreign Direct Investment (FDI) continued its upward trend, which has been maintained for the last 8 years.

According to data from the Bank of Guatemala (Banguat), as of November 27, 2008, the FDI was at $759.7 million while for the same period in 2007 it was at $656.1 million.

Increase in Foreign Investment forecasted for Costa Rica

August 2008

According to estimates from the Central Bank, approximately $2 billion in foreign investment is expected during this year, up 22.3% in comparison to 2007.

Central Bank president, Francisco de Paula Gutierrez, said that the prospects for next year are even better since improvements in the economy of the United States - Costa Rica's main trading partner - are expected.

FDI Increases by 32% in Nicaragua

September 2011

In the first six months of the year foreign direct investment in country amounted to $284 million, 32% higher than in the same period in 2010.

Telecommunications, industry, services, mining and trade sectors were the main recipients of the investment.

The invested capital comes mainly from Venezuela, Mexico, United States, Canada and Spain.

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