CINDE contributes to the country’s economic and sustainable development, its economic impact and its social progress.
CINDE is the Costa Rican Investment Promotion Agency, a private, non-profit organisation that has been committed to Costa Rica's sustainable development and social progress for 38 years, through the attraction of foreign direct investment in manufacturing industries and high value-added services that generate quality jobs, knowledge transfer and productive linkages.
CINDE has attracted more than 325 multinational companies to Costa Rica, such as Amazon, IBM, Intel, HP, HPE, P&G, Akamai, Microsoft, BSCI, St Jude and Edwards Lifesciences, among others. CINDE also collaborates in strengthening the Costa Rican business climate in a way that fosters the growth of valuable activities in the country, improving the preparation of local talent, and generating employment and greater opportunities for its population in the different communities of the country. According to the International Trade Centre (ITC) of the United Nations, CINDE is the world’s top investment promotion agency.
CINDE contributes to the country’s economic and sustainable development, its economic impact and its social progress by attracting foreign direct investment and nurturing the right investment climate to do so.
Costa Rica today is a different country from what it was 40 years ago. It has transformed its export model from a few agricultural products at the beginning of the ’80s to more than 4,300 products today, exported to more than 150 countries. Services and medical devices are now the country’s main exports.
Therefore the organisation is envisioned to position Costa Rica as a sustainable country, highly connected with the global economy, reliable to investors, fostered by its growth in modern, high-tech, and knowledge-intensive industries that drive employment on a national scale and promote productive linkages.
Costa Rica has proved its capacity to transform itself as a country. It is now part of the knowledge economy due to human talent, where service exports account for 45% of all Costa Rican exports, almost double the 27% average of OECD countries.
Cybersecurity, data analysis, process automation robotics, software development, financial analysis, virtual reality, manufacturing automation, engineering, and research and development are just a few of the activities carried out in Costa Rica for the world’s most demanding customers.
The engine for this transformation has been foreign direct investment (FDI), encouraged by both political, social and economic stability, and active investment attraction policies.