Multinationals Await Free Port Law

©image: Intel

Two articles in Nacion.com reveal Intel's and Bridgestone's concern for insecurity in investment planning caused by delays in the approval of the law, which is being studied by Congress.

Michael Forrest, general manager at Intel Costa Rica, explained the need to have certainties regarding the fiscal conditions of the new regime for planning long-term investments: "Countries in which we invest must provide confidence, political stability and understanding of the fiscal matter. If there is uncertainty in any of these aspects, doubts arise and we must look elsewhere".

Roy Rojas, government relationship coordinator at Bridgestone Costa Rica, told of the urgency his company has in knowing the new regulations and incentives under which they will operate after 2015: "Lack of a resolution shrinks our margin of action for presenting growth plans in the country to our corporate leadership".

Source: Nacion.com

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