Top 10 Costa Rica

Costa Rica placed seventh in the attraction of foreign investment

Costa Rica placed seventh in the attraction of foreign investment in 2007 among the Latin American and Caribbean nations, according to a survey by the Latin American and Caribbean Economic Commission. The $1,889 million that Costa Rica attracted last year was surpassed by Brazil, Mexico, Chile, Colombia, Argentina, and Peru, all of them much larger economies. The chairlady of the Costa Rican Chamber of Exporters (CADEXCO in Spanish) pointed out the good image that the nation has at the international level, but remarked that a large part of it is due to campaigns to promote tourism and some institutional efforts to attract investment. She added that work must continue to preserve the arrival of direct foreign investment.