Wednesday, January 30, 2013

New Business Booming will invigorate the Country in 2013 ? Costa ...

If you thought that 2012 was a year moved in the business world, pay attention to what is said about 2013, because the expectations are quite ambitious.

This is not just about the arrival of new industrial enterprises but also the commercial sector, tourism and real estate, including shopping centers, office centers, shops, supermarkets, restaurants and others.

The Central Bank estimates that, at the end of 2013 Foreign Direct Investment (FDI) would reach about U$2.250 million or 2.27% over the 2012 estimate.

Of that amount, 25% (U$562.5 million) will be related to high-tech sectors (services, life sciences, advanced manufacturing and clean technologies) installed in a Free Zone.

According to Gabriela Llobet, director of the Costa Rican Coalition for Development Initiatives (CINDE), the goal for the next 12 months is to build at least 30 new projects on these fields. Last year they managed to attract 40, which represented about U$574 million and 8.236 additional jobs.

However, FDI is not the only thing that will move the country, since other nine different areas are also moving very fast.

According to information from the real estate firm, Colliers International, the number of square meters in remaining work declined between December 2011 and March 2012, in the three fields that monitors this company: office, industrial and commercial centers.

As for the hotel sector, the list of new projects that will open in 2013 reaches five and includes the Sonesta Hotel and Casino in Escaz? (U$40 million), and Andaz Papagayo in Guanacaste, with 153 rooms. During 2012 were opened six new accommodation centers.

Last but not least, other businesses that will high rise are clothing stores. Just in the upcoming months, about nine brands will open for the first time: Gap, Express, Forever 21 and Pull & Bear are among the new features. Most of them will open in Multiplaza Escaz? and Lincoln Plaza.

Source: El Financiero

Source: http://www.costaricarelocation.com/contenido/?p=617

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