Costa Rica is number one in Latin America in human capital • costadevelopers.com

The quality of workers in Costa Rica has been key for the attraction of foreign direct investment to the country.

According to the first edition of the report of Human Capital by the World Economic Forum, Costa Rica took place 35 of 122 countries, ranking the first in Latin America to provide the best conditions for the development of its workforce and local talent. The general list is led by Switzerland, Finland and Singapore.
According to Gabriela LLobet, General Director of the Costa Rican Coalition of development initiatives (CINDE) investment that takes place in country in education and health, as well as the generation of quality employment jobs, have allowed the formation of a talented workforce and competitive.
"This new index positioning reaffirms us that the quality of our human resources stands out in the world and especially in the region" said Llobet.
According to the study prepared by the World Economic Forum, the index shows the virtuous circle that multinational companies represent for countries. In Costa Rica for example and in terms of attracting foreign direct investment, they operate more than 250 foreign companies of high technology, which the country carry out innovative processes and provide services of high quality to the whole world.
"These companies provide employees opportunities for work of high quality, where they interact with new technologies and learn new skills. This impacts positively the formation of worker and its quality", concluded the Director.
The methodology used by the Forum measures the ability of countries to develop healthy, well educated and capable workers through four pillars: education, health and welfare workers, employment, and environment facilitator.
In the country have entered many foreign companies specially dedicated to the provision of high-tech services, for this reason, national companies have invested in improving the conditions of attraction for these multinational companies.
Alajuela and Cartago are two of the provinces where large-scale industrial parks will soon open to hosts a significant number of international companies that will soon begin operations in Costa Rica.
Posted by Costa Developers

The Government of Costa Rica is working to improve private investment in the country

Within the framework of the celebration of the national day of the private enterprise, President Laura Chinchilla said of the challenges and efforts performed by the country to improve investment private.

"I am referring to aspects such as excess paperwork, insecurity and the backlog of infrastructure, which became real obstacles to development and competitiveness", stressed the President.

President stressed those efforts to improve public policies already acidic positive trends in combating crime, with reduction of rates of homicides, violent assaults and people victims of crimes, with the consequent drop in concern by insecurity citizen.

She also said that efforts will remain constant for excess paperwork, decrease time and empower citizens against abuses of the administration.

Referring to Infrastructure argues that the Government will continue waging battles to leave the country ports first world, improvement of the customs, and the largest investment in highways and roads of history.

Chinchilla reminded businessmen gathered in celebration of the national day of the company private that in its last report on competitiveness, the World Bank recognized Costa Rica as one of the 10 Nations with more efforts in improving its regulatory framework.

Also emphasized that our economy shows good performance with low inflation of the past decades, growth close to five percent, records of export, foreign investment, tourism and employment generation.

The President said that the authorities will continue with the permanent monitoring the exchange rate to avoid a negative impact to the productive sector, and with the efforts to control high rates of interest and speculative capital.

Chinchilla recognized that healthy economic growth was due to some decisions in public policy as well as the thrust of the business sector, in a world economy in which many countries face economic and social conditions.

President also mentioned that Costa Rica has many strong elements to follow along the path of economic stability, as the most stable democracy in Latin America, an exceptional human capital, a growing business, and a strong respect for nature.

The President referred to the need to promote reforms to encourage private participation in electricity generation, and thus reduce costs.

Posted by Costa Developers