PROCOMER opens Silicon Valley office to court tech and chip investors
Strategic push and rationale: This week Costa Rica's trade agency opened an investment office inside Silicon Valley to more directly pursue technology-focused foreign direct investment. The mission is compact: shorten the distance to decision makers in leading tech hubs and make Costa Rica a clearer option for companies exploring relocation or expansion. Officials emphasized skilled labor, policy stability, and competitiveness as selling points to prospective partners.
Operational role and outreach: The new outpost will actively identify opportunities, shepherd prospective investors through evaluation, and help retain firms that already operate in Costa Rica. It is designed to provide hands-on, localized support during site-selection and scaling phases, effectively functioning as a bridge between Californian companies and Costa Rican project teams. During the inauguration, leaders invited firms across digital services, health tech, advanced manufacturing, and agribusiness to engage directly with the agency.
Track record and expected effects: California has already been a meaningful source of projects for Costa Rica: from 2014 to 2024 one hundred and one initiatives originated there, split between services and advanced manufacturing. Services-related undertakings accounted for sixty-three projects linked to roughly 13,300 jobs, while twenty-six manufacturing projects produced about 5,900 jobs. By establishing a local presence, the agency seeks to accelerate new project wins, deepen productive ties, and drive additional employment, technology transfer, and regional linkages.
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