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CINDE New York

100 Park Avenue, 16th Floor
New York, NY 10017

CINDE Costa Rica

Plaza Roble Los Balcones, 4th Floor.
Escazu, San Jose, Costa Rica

TOLL FREE NUMBER FROM THE USA: 1-877-992-4633

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Key information on Costa Ricas education quality and trends, labor pool and regulations, free trade zone and investment incentives, economic indicators, suppliers and vendors, life in Costa Rica and much more.

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Advanced Manufacturing Sector


#1 in production process sophistication


in Latin America

From electronics to rocket propulsion
and everything in between

The spearhead of Costa Rica’s high tech FDI for over 5 decades

Bolstered by this experience, Costa Rica is leader in production process sophistication in Latin America, showcasing a consolidated industry that operates with a high level of complexity, broad diversity of products manufactured and great dynamism…and yes, we do rocket science!

A strong educational system and skilled workforce in manufacturing has helped boost the high tech industry in Costa Rica increasing the number of companies in this sector 2x versus 2000 and immersing the country to become part of the Global Value Chains (GVC).

Just take a look at how fast we’re growing:

2xhigher EMPLOYMENt

The employment in this sector is 2 times higher than in 2000.

2xmore companies

The number of companies in this sector is 2x higher than in 2000, from 30 to 52.

+40Productivity increase

Average output per employee increased from $103K in 2000 to $294K in 2012 (+40)

Increase in exports:

High Tech Products

High Tech exports represented 4% of manufactured products exports in 1996, nowdays it represents 43%.

Knowledge intensive industrial exports

Knowledge intensive industrial exports represented 35.2% of total exports in 2015 up from 25% in 1994.

Among many things, Costa Rica is an R&D hub for AdAstra Rocket and VASIMR (Variable Specific Impulse Magnetoplasm Rocket) a technology for advanced rocket propulsion.

Also, throughout the years, companies such as Vitec and Samtec have grown their operations in the country to the point of vertically integrating processes by leveraging a robust local supplier base to reduce costs.

Highlights

#1 High-Tech exporter of Industrial Products in Latin America, #4 in the worldCINDE based on data from World Bank, 2015

#1 for Future FDI in Central America and Caribbean FDI Intelligence, 2015

#1 in Cooperation in Employee-Labor Relations in Latin AmericaWEF 2015-2016

#1 Educational System in Latin AmericaWEF 2015-2016

#1 in Security Index in Latin AmericaLatin Business Chronicle 2014

#1 in Availability of Engineers and Scientists in Latin AmericaWEF 2015-2016

#1 in Availability of specialized research and training services in Latin AmericaWEF 2015-2016

Home to the new Plasma Engine Technology built by AdAstra Rocket for space travel.

What exactly can we do in this sector? explore Business opportunities

Costa Rica offers the right


conditions for your business

Here are 8 reasons to choose us

  • 1.track record

    A proven track record with 50 high tech multinational companies in this sector operating in the country.

  • 2.stability

    We are the second most consolidated democracy and second most politically stable country in Latin America, safeguarding long-term investment and risk reduction.

  • 3.constant improvement

    We rely on a highly collaborative and open academia to improve our human capital skills according to market needs.

  • 4.convenience

    We share a time zone and are in close proximity to the USA, with +1000 international flights worldwide weekly.

  • 5.ready for business

    With multiple fully equipped industrial business centers located around the country.

    Learn more here
  • 6.fast track immigration

    To ease the process of starting a business, we provide fast track immigration procedures.

  • 7.shipping & Logistics

    Competitive shipping costs and easy logistics

  • 8.incentives

    We have the most attractive tax incentives package in Latin America.

  • BONUS:strong supplier base

    A well-established supplier base in the country operating in compliance with international quality standards which supports high-tech multinational companies in several of their core processes including design and engineering, automotive, contract manufacturing, packaging, rubber, plastic injection, precision machining, special finishing, and sterilization, among others.

want to know more about suppliers? check the full list here

Advanced Manufacturing Sector executive contacts