Small country, big vision
PROCOMER links Costa Rican exporters and entrepreneurs with the rest of the world. The result is that this small Central America country packs a big punch in trade and investment.
Set up in 1996 as the foreign trade and investment promotion agency, PROCOMER works to attract Foreign Direct Investment (FDI), simplifying regulations for overseas companies that locate there and boosting the growth of local SMEs. The ultimate goal is to raise living standards up and down the country.
“It’s all about fulfilling a strategic purpose to generate inclusive and sustainable wellbeing in all regions of the country,” says Laura López, CEO at PROCOMER.
Why invest there?
Costa Rica has lots to offer, says PROCOMER. Overseas investors gain from a stable governance not far from the US that prioritises education and healthcare, an attractive Free Trade Zone regime that complies with international regulatory standards, and a talented and qualified workforce that enhances the country’s appeal as an investment destination.
“Costa Rica is a beautiful place to live and visit, but it’s also a beautiful place to do business. Hundreds of global companies have made their home here because they want to do business in a country that values stability, sustainability, trust and transparency,” says López.
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Through large-scale employment fairs, PROCOMER acts as matchmaker for Costa Rica’s highly motivated, young and mainly bilingual workforce. Skilled in STEM subjects, homegrown talent is crucial to the mission to attract and retain FDI.
Such strategies can have a transformative effect. In 2016, when PROCOMER first began working with US component-maker MicroTech to facilitate investment in the company’s state-of-the-art manufacturing plant in Coyol Free Zone, the managers all came from the States. Now, that management is 100% Costa Rican.
