The Economy of Costa Rica
Intel and High-Tech Manufacturing
Intel's plant in 1997 started a shift into electronics and medical devices, and Costa Rica is now a major exporter of medical equipment.
A move up the value chain.
Intel
The chip plant, opened in 1997, drew global attention and further investment.
Free zones
Firms in special zones enjoy tax breaks and simple procedures.
Medical devices
Companies make catheters, implants and equipment, now the top export.
Skills
Technical schools and universities supply workers.
A clean room
Workers in a medical device plant assemble products for hospitals around the world.
Assuming free zones alone attract firms
Skills and stability matter.
Key takeaways
- Intel arrived in 1997.
- Free zones attract FDI.
- Medical devices lead exports.
- Skills are key.
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