International meeting brings together in one place, 23 multinational companies based in the country, 79 suppliers and Costa Rican institutions
The event is the first in Latin America that is made carbon free and includes art activities within its format
Costa Rica becomes the first Latin American country that makes an international event dedicated exclusively to the promotion of investments by means of an official encounter like Costa Rica Investment World (CRIW), which simultaneously is a challenge developed by the Foreign Trade Corporation of Costa Rica (PROCOMER).
This April 14th and 15th, 102 investors from 70 international companies from America, Europe and Asia will meet at the Ramada Plaza Herradura, contacted through the 15 trade promotion offices of PROCOMER abroad, and who also have great interest in doing business in this country. As well there will be 23 multinational companies based in the country and 79 local suppliers.
The Minister of Foreign Trade, Marco Vinicio Ruiz, highlighted the importance of his international event, as it is a national proposal which main focus is intended to position Costa Rica as an emerging market for investment in high value-added features, which facilitate the settlement of international investment and promotion of the diversified Costa Rican offer worldwide based on commitment, talent, security and sustainability.
Precisely to meet this purpose, the event was designed considering the strengths that the country offers to the investors, such as peace, democracy, political stability, high education and skill level, quality of life, health services, and global prestige, high profitability, among others.
The sectors promoted at the CRIW within its operation scheme, are those related to medical devices, research and development, green technologies, services, electronics and industrial goods. “For Costa Rica the accomplishment of an event of this magnitude represents a potential source of production chains, as well as, greater flows of investment in strategic sectors and remote areas of the country, also contributes to the further promotion of the reinvestment, co-investment and connection to the country of
CONFERENCES ON CRIW
Wednesday April 14
4:00 p.m. Investing in Costa Rica: the key players.
Speakers: Mr. Tom Stephan, Vice President
of Business Development BeamOne,
Mr. Murray Dean, Senior Director
International Tax of Intel and Mr. Rodrigo
Cal, IBM General Manager of Costa Rica.
(Moderator: Mr. Juan Carlos Barahona,
Thursday April 15
8:00 a.m. 8:00 a.m. Costa Rica: the site chosen by
the developers of green technologies:
Speakers: Mr. Jerome T. Mahone, Executive
Director appointed in Rochester IT,
Mr. Herman Delatte, Big Bang Ventures
partner, Mr. Samuel Viroslav, Vice President
Group Ecoenergía, Mr. Juan de Bedout, a
member of GE and Ms. Andrea Traversone,
a member of the board Amadeus.
(Moderator: Gustavo André Jimenez,
4:00 p.m. The selection of sites to operate R & D:
in search of talent.
Speakers: Speakers: Mr. Franklin Chang,
CEO of Ad Astra, Mr. Felipe Ortega, general
manager of HP Research Center Costa
Rica, and G. Balakrishnan Iyer, Manager of
Business Development, Energy
Infrastructure of GE Global Research.
(Moderator: Dr. Luis Sanz, INCAE
the companies that have already invested in it, said Emmanuel Hess, General
For the organization of the Costa Rica Investment World, PROCOMER received
a premium sponsorship from the Hotel Ramada Plaza Heradura, Costa Rica
Bank (BCR), Panel-Tec, Clima Ideal and the Instituto Costarricense de
Electricidad (ICE) and silver sponsorship from the STT Group companies and
Also, institutions like the Ministry of Foreign Trade (COMEX), the Coalition for
Development Initiatives (CINDE) and various enterprise chambers collaborated
in the promotion of the event. Other organizations that are present in the CRIW
are the Secretaria Técnica Nacional Ambiental (SETENA), Immigration,
National Register and Caja Costarricense de Seguro Social (CCSS).
What offers the CRIW?
The international meeting in the
first instance has an extensive
fair area with 108 exhibition
stands, through which the
investors can see in one place
the supply chain that the country
offers. This thanks to the display
of goods and services developed
by multinationals and local
vendors at the event.
In addition, the CRIW has a
business center with professional
advice, relating to areas such as
free trade zone, logistics,
environment, taxes, registration
During the two days of meetings,
conferences with experts in
several related topics such as
research and development, green
technologies and success stories
in terms of linkages (see
attached) will take place.
As part of the most important actions of this great event we will also have an
exclusive trading center for the development of very interesting investment
agreements between employers and international companies invited, settle in
One of the biggest innovations in the CRIW is being a carbon-free activity,
thanks to the reduction of the vehicle fleet emissions used in the event, the
fossil fuels used during the investors´ trips, greater electricity savings and better
management and use of air conditioning and solid waste, among others.
All this, with the collaboration of the Coca Cola Company and its program
“Viviendo positivamente” / “Living positively” whose actions are aimed at
protecting the environment.
Another of the attractions is the creation of a mural of 5 x 3 meters, designed by
the national artist Jean Sagot, who will paint during the two day activity piece of
art, inspired in the strategic sectors promoted by the international event and the
four axes that revolve around it (talent, commitment, security and sustainability).
Also, the event features a 3-minute video created by the New Kingdom Studios
production, in which over 3 thousand pieces of Lego show from a human, fun
and different perspective why Costa Rica is an ideal destination for investment.
This video was made possible thanks to the collaboration of Universal, that
being a 100% national company with over 83-years of history is also committed
to this effort helping in the growth and development of the country and
generating more jobs for Costa Ricans.
PROCOMER also designed for this event and, to protect the environment, a
USB device entry badge to the CRIW, as a storage tool for background
materials and agenda for the investors invited to the country, a tool that made
possible the use of no paper in the activity and contributing too, to the recycling
The Costa Rica Investment World is the successor event Suppliers Exchange Forum
(SEF), which editions organized by PROCOMER were held out in 2005 and 2007,
for the promotion of national companies with large foreign companies under a focus
only chains productive.
For more information about CRIW visit www.crinvestmentworld.com or follow the
event via Twitter.