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brandannual 2019

The brandannual magazine has been issued for the 6 year. The magazine covers brand-relevant topics in the area of financing, brand management, current studies, people and industry trends. This year covering Destination, City & Region Branding, Corporate Branding, Brands for Competitiveness and Sustainable Growth, Innovation, Alternative Financing as well as several high-ranked companies, programs, projects, nations and initiatives.

The brandannual magazine has been issued for the 6 year. The magazine covers brand-relevant topics in the area of financing, brand management, current studies, people and industry trends.



This year covering Destination, City & Region Branding, Corporate Branding, Brands for Competitiveness and Sustainable Growth, Innovation, Alternative Financing as well as several high-ranked companies, programs, projects, nations and initiatives.

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Costa Rica<br />

Greetings<br />

Costa Rica:<br />

top investment<br />

destination<br />

Foto: Embassy of Costa Rica<br />

H.E. Alejandro Solano Ortiz<br />

Ambassador of Costa Rica in Austria and Permanent<br />

Representative to the International Organizations in Vienna<br />

In a groundbreaking business world, Costa<br />

Rica is ready to show how a tradition of<br />

peace, education, innovation and sustainability<br />

are fertile ground to grow and do business.<br />

This is Essential Costa Rica. Costa Rica<br />

provides ideal conditions for your long-term<br />

and low risk investments, in diverse business<br />

sectors. Public and private trading partners<br />

throughout the world have discovered the<br />

competiveness resource of Costa Rica as one<br />

of the most stable and reliable economies in<br />

Latin America.<br />

Costa Rica has built up a thriving high<br />

tech industry, embedded in the Global Value<br />

Chains, based on a well-established educational<br />

system and qualified workforce. By fostering<br />

scientific research, Costa Rica managed<br />

to establish a solid life science and pharmaceutical<br />

industry with more than 3500 direct<br />

employees. Over 90% percent of the shares of<br />

the industry are owned by public institutions<br />

to provide an exceptional free public health<br />

care system. In sum, the industry has grown<br />

over 280% within the last decade and medical<br />

devices were the number one export good<br />

accounting for 4% of the national GDP.<br />

Our country stands for sustainable, responsible<br />

and high quality production and offers<br />

industrial parks and a robust infrastructure.<br />

The country launched in <strong>2019</strong> a National Plan<br />

for Decarbonization which contemplates an<br />

objective that aims to modernize the industrial<br />

sector so that by 2030 business models<br />

take responsibility for their environmental<br />

impact and that by 2050 the industrial sector<br />

will rely on low-emission energy sources.<br />

With its close proximity to the US market<br />

and a preferential access to the world, Costa<br />

Rica holds strategic position in international<br />

trade. Companies and investors alike benefit<br />

from our human capital skills and the customized<br />

educational programs to fit the need<br />

of each industry. Costa Rica offers a wide<br />

range of incentives ranging from fast track<br />

immigration procedures to online customs<br />

expedited with transparency. Therefore, Costa<br />

Rica proved itself to be a top investment destination<br />

for its proven track record, stability and<br />

the most attractive tax incentive package in<br />

Latin America.<br />

The Business and Investment Magazine <strong>brandannual</strong> 21

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