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Costa Rica
Trends
- 1Costa Rica to invest $300 million in electrical grid modernisation●Costa Rica “invertirá 300 millones de dólares de financiamiento de la Unión Europea (UE) y Francia para modernizar su si
Costa Rica will invest 300 million dollars in funding from the European Union and France to modernise its electricity system and advance its transition toward greater renewable energy generation. The announcement highlights the country's push to strengthen its power infrastructure and build on its already high share of clean electricity.
- 2Costa Rica Courts Indian Tech and Services Firms▼Costa Rica Seeks to Attract New Global Service, Technology, and Artificial Intelligence Centers from India
Costa Rica is working to attract global service delivery centers, technology operations, and artificial intelligence facilities from India, positioning itself as an investment destination for Indian companies expanding abroad. The push reflects the country's broader strategy of drawing high-value foreign direct investment to diversify its economy and create skilled jobs, building on its established reputation as a hub for multinationals in Latin America.
- 3Costa Rica President Fernández Defiant Amid Backlash Over Tovar Firing●Fernández Says “I Am the President” Amid Backlash Over Tovar Firing Costa Rica President Laura Fernández defends firing
Costa Rica President Laura Fernández is defending her decision to fire Foreign Minister Manuel Tovar over a meeting with Donald Trump, declaring "I am the president" as criticism mounts. She has also warned her ministers that major decisions will require her personal approval, signalling a tighter grip on her cabinet amid the controversy.
- 4Dollar Rebounds From Record Low Against Costa Rican Colón●Dollar Rebounds From Record Low but Year-End Could Favor the Colón Again
The dollar has recovered slightly in Costa Rica after hitting a record low against the colón, but analysts expect the US currency could strengthen again toward year-end as demand for dollars typically rises in the final weeks of the year. The exchange rate has been a closely watched issue in the country given its impact on prices and savings.
- 5Costa Rica's San Jose Airport to Build $14.9 Million Parking Garage●Costa Rica’s San Jose Airport to Add Eight-Level Parking Garage and New Investments Costa Rica’s Juan Santamaría Airport
Costa Rica's Juan Santamaría Airport, which serves San José, is set to build an eight-level parking garage costing $14.9 million and offering 600 spaces, scheduled to open in April 2027. The project forms part of a broader set of new investments at the country's main international airport, as authorities work to expand capacity and improve facilities for growing passenger traffic.