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

CINDE Costa Rica

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


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Press Release

CINDE highlighted as the best investment agency in Latin America for the third consecutive year

MAY 29th 2017

- Site Selection Magazine highlighted CINDE as the first place in the National Top Investment Promotion Agency Latin America & Caribbean category.

- The prestigious award is given by a group of international consultants, board members of the global FDI association, as well as the editorial group of Site Selection Magazine.
San José, May 29th, 2017. For the third consecutive year, the Global Site Selection Magazine, a specialized magazine on destination selection processes for investment, highlighted the Costa Rican Investment Promotion Agency (CINDE) as the best Investment promotion agency in Latin America and the Caribbean for its work attracting Foreign Direct Investment (FDI) and the quality of the services offered to its clients, as part of the Global Best to Invest 2017 report.

Costa Rica also ranked first in the category of the largest number of investment projects attracted per capita in Latin America and the Caribbean.

The study analyzed variables such as: The most professional response to investor inquiries, teams with greater linguistic and knowledge diversity, greater access to site databases and general and sector-specific incentives, better information on time expectations for permits and other processes, better access to investors with recent projects in the region for testimonials, better reputation protecting investor confidentiality, better reputation for post-establishment services.

Site Selection Magazine is a specialized magazine in the world of FDI, investment destinations and investment agencies around the world; read by decision-makers of large companies worldwide, as well as consultants who accompany them in their investment projects installment processes.

Jorge Sequeira, Managing Director of CINDE stressed that "this recognition is a reflection of our hard work to promote Costa Rica as an ideal destination for foreign investment and thanks to a talented and committed team of professionals, as well as an internal quality system that demands the best from us, we managed to take the organization to the level of the best in the world ".

The publication recognizes the commitment, excellence and leadership of different organizations around the world, as well as their day to day teams. Recognition is an incentive and a reminder to maintain professionalism as well as excellence in the future, added Sequeira.

CINDE is a private, non-profit organization that has been responsible for 35 years of attracting medium and high technology companies in sectors such as services, life sciences, advanced and light manufacturing and food industry.