Laura Chinchilla Miranda, Costa Rican President, took part on Wednesday at the 15 year celebration of the arrival of the multinational company Intel in the country. This occasion was the appropriate framework for the President to launch a challenge to the company: to make a $500 million investment in the next five years in our country.
Parallel to this challenge, Chinchilla mention she has asked the Minister of foreign trade (Anabel Gonzalez) to lead a high-level working team, together with the Minister of science and technology (Alejandro Cruz) and the CINDE (Coalition of Development Initiatives), they initiate a fruitful dialogue with Intel, to identify the elements that allow us to realize this initiative and assess the type of support they require from my Government”", and will need to leave entrenched obviously towards the next administration”, explained the President.
Laura Chinchilla said she proposed this inquiring because both Intel and Costa Rica “we don’t fear challenges anymore”.
The President highlighted the contributions of Intel since April 26, 1997, when “Intel and Costa Rica were launched together on a new adventure;” “adventure certainly unprecedented for both”.
As highlighted the ruler, “those who know to Intel Costa Rica know that what has been achieved was made possible by Intel partners in the country, whose talent, responsibility and dedication, made possible a very successful operation”.
“Intel is a bridge between young entrepreneurs Costa Rican and the competitive business environment in the world.” But Intel also – and this is perhaps the most beautiful legacy that this company has left him to Costa Rica – is the bridge between the Costa Rica of the past and the future Costa Rica. “This Costa Rica we are building through its support, where the research, innovation, technology and human talent will be the indisputable engines of our progress and our well-being”, concluded.
As part of the celebration of 15 years of the arrival of Costa Rica Intel, its CEO, Mike Forrest, delivered recognitions by its impulse to foreign direct investment to the Chinchilla President, Minister of foreign trade, Anabel Gonzalez, and the Minister of science and technology, Alejandro Cruz.
Forrest has also said in several occasions that Costa Rica still needs to work on finding opportunities to promote competitiveness “When Intel came, Costa Rica didn’t compete with many others to attract those types of companies. Today, the country competes with its neighbors in Latin America, Southeast Asia and the rest of the world. Costa Rica must focus on understanding what are the incentives and infrastructure, or initiatives offered for investment y other countries. Another aspect is the stability and predictability of tax. Companies like Intel use a strategic plan five-year term, we are looking for places where we can perceive stability in five years term.
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