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Foreign Investment in Costa Rica Increased Employment by 21% in 2016

Costa Rica News – Costa Rica depends on the U.S. and other countries’ policies and commercial turnover because foreign companies employ a great deal of the Costa Rican population, accounting for 21% more employment in 2016 compared to the previous year.

Amazon is one of these companies. It increased by 1,500 new employees which added to the 4,000 that were already working for the company.

Also during this year, 40 investment projects were attracted, which is one more than last year.

These include Texas Tech University, Establishment Labs breast implant plant, a new contact lens manufacturing plant and a new medical device manufacturing plant. T

his info is brought to us by the Costa Rican Coalition of Development Initiatives along with the Ministry of Foreign Trade and the CCSS.

12,307 new jobs were created and 4,466 jobs were gotten rid of. Net employment gain jumped to 7,841 from 6,456 the year before.

There are now 90,000 people employed by foreign companies in the country.

Services and life sciences are the top fields, with 61% and 24% respectively.

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