Costa Rica and the US Supply Chain: A Discussion with Andrew Crawford of Procomer
Welcome to another episode of the Central American Group podcasts. We record these on topics that have to do with economic issues in Costa Rica and El Salvador, and the rest of the Central American region as a whole. Today we’re lucky and fortunate to have Patricia Figueroa with us. She is the executive director of the Textile, Apparel, and Free Trade Zone Association of El Salvador. Among other things, we will discuss the synthetic textile cluster in El Salvador.
The Economy of El Salvador: Exploring its Diversity
El Salvador has land border crossings with two countries: Guatemala and Honduras. These border crossings facilitate the movement of people and trade between El Salvador and its neighbors. $40 million will be spent in 2024 to modernize Salvadoran land border crossings.
Costa Rican exports grow 15.5% in 2023 driven principally by medical devices
The Foreign Trade Promoter of Costa Rica (Procomer) recently reported that overseas sales of Costa Rican exports were driven principally by precision devices, medical equipment, and products from the country’s agriculture sector.
Salvadoran land border crossings will receive a $40 million upgrade in 2024
El Salvador has land border crossings with two countries: Guatemala and Honduras. These border crossings facilitate the movement of people and trade between El Salvador and its neighbors. $40 million will be spent in 2024 to modernize Salvadoran land border crossings.
Solesis Unveils Plans for Inaugural Manufacturing Facility in Costa Rica Specializing in Custom Polymer and Textile Healthcare Solutions
Solesis, at the forefront of custom design and manufacturing for healthcare solutions in the medical device and biopharmaceutical sectors, proudly unveils plans for a cutting-edge manufacturing site in Costa Rica.
Inflation in El Salvador was the lowest in the region in 2023
Inflation in El Salvador was the lowest in the region at the end of 2023. This is according to the latest report recently published by the Executive Secretariat of the Central American Monetary Council (Secmca ).
How Education Supports the Manufacturing Sector in Costa Rica
Costa Rica, a country renowned for its breathtaking landscapes and rich biodiversity, is also making significant strides in the field of education that supports its growing industry. One noteworthy aspect of its educational system is its commitment to preparing students for careers in the manufacturing sector in Costa Rica.
Industrial Real Estate in El Salvador
I’ve been in industrial real estate in El Salvador for almost eight years now. Colliers started here in the country last year and it’s consolidating operations in the Central American region, adding to the almost sixty-five countries that it already has under its umbrella.
The Free Zone Regime of Costa Rica offers attractive fiscal benefits
The current Law of the Free Zone Regime of Costa Rica was born in 1990 with the primary objective of attracting foreign investment and generating employment. Currently, around five hundred companies benefit from this law, which produces an absolute contribution of 15.2% to the country’s GDP.
Central Bank for Economic Integration of Central America: A Pillar for Sustainable Development
In the heart of Central America, a powerful financial institution quietly operates to shape the future of the region’s economic landscape.
Projections for the Costa Rican Economy in 2024
According to the projections of some experts, Costa Rica will have economic growth between 3.5% and 4%. This means that the country will face lower growth than in 2023.
The Food Processing Industry in El Salvador: An Overview
Understanding the nuances of food processing sector requires a look at its scope, the raw materials involved, the finished products manufactured, and the strategic advantages of food processing activities in El Salvador in the country’s free zones.
