IBM in Costa Rica: $300 million & 1,000 Jobs
July 8, 2011
Properties in Costa Rica
As of 2010 Costa Rica was home for 210 different foreign companies creating 58,000 jobs. This number will grow in the coming years as IBM has decided to invest $300 million and add 1,000 jobs over the next 10 years.
This type of investment in Costa Rica is a home run for the Laura Chinchilla administration and great news for the ever growing techy industry in Costa Rica. Laura has set a goal to have $9 billion in foreign direct investment by 2014 and news like this from IBM i
s a huge leap towards that goal. This is one of the largest investments in Costa Rica in the past decade.
The IBM managers said they picked Costa Rica because they were aware of the talent they could find here. It is said the Laura Chinchilla in her visit to New York last year which was an attempt to rally businesses to invest in her country was where she made the contact with IBM. She then followed up her contact in the month of May and here they are today agreeing to the sweet tune of $300 million dollar investment starting in 2012.
This is excellent news and who knows what other contacts Laura might have made in New York. We can just sit back and wait to see what other major companies follow in the lead of Intel, Hewlett Packard, and now IBM as they put Costa Rica in the global spotlight for the tech industry.
Properties in Costa Rica
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