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Ten Years Later, Intel Continues
As A Positive Impact in Costa
Rica
A decade ago, Costa Rica opened
its doors to the giant microchip
manufacturer Intel, attracting
one of the most powerful
companies in the world to locate
in La Ribera de Belén. And
according to figures by the
Ministerio de Comercio Exterior
(Comex), the move paid off.
Comex reports that Intel has
invested in the country so far
more than us$700 million
dollars, representing 4.9% of
the Producto Interno Bruto (PIB)
- Gross National Product.
In the ten years in the country,
Intel has not only produced jobs, but
has also allowed the growth of
opportunities in the technology
sector and attracted more
investment and transfer of
technology.
Comex minister, Marco Vinico
Ruiz, says Intel represents 40%
of all exports from Zona Francas
(free trade zones) and 20% of
exports from Costa Rica,
employing some 3.500 people in
Costa Rica.
Minister Ruiz added that the
presence of Intel in Costa Rica
has also meant a positive high
impact on the economy, industry,
educational institutions and the
country in general. The presence
of the company has also
strengthened the image of the
country and has been a
determining factor in decisions
to invest in Costa Rica by other
companies, said the minister.
The trade minister told Craig
Barret, chairman of the board of
directors of Intel, that the
company can count with the
necessary support so that it
continue to invest in Costa
Rica.
Intel, according to the
minister, is an example for
other companies to follow when
deciding on Costa Rica for their
investment.
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