Nearshore Americas

Costa Rica Generates Over 8,000 Jobs in High Tech Sourcing in 2012


Costa Rica received as many as 40 investments in the high-technology industry in 2012 and they generated more than 8,000 direct jobs, according to the country’s investment promotion agency (CINDE).

Companies in technology sector generated over US$574 million and also played a major role in helping the country increase FDI inflow.

The high-tech sector, according to Foreign Commerce director, Anabel González, boosted the overall performance of the economy as it increased exports and job opportunities for Costa Ricans.

González said jobs created by the high-tech sector accounted for 25% of formal employment generated by the private sector in 2012.

Companies who invested in the country last year are from India, Korea, Japan, Germany, Spain, England and Colombia. “The services sector once more registered the greatest number of projects (19) and represented 62 percent of the total jobs generated,” said Gabriela Llobet, General Director of CINDE.

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Narayan Ammachchi

News Editor for Nearshore Americas, Narayan Ammachchi is a career journalist with a decade of experience in politics and international business. He works out of his base in the Indian Silicon City of Bangalore.

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